Donald Trump Admits That U.S. Companies Pay His Tariffs

Donald Trump Admits That U.S. Companies Pay His Tariffs

May 17, 2025

Brian Tyler Cohen News

CONSUMERS PAY FOR TARIFFS

"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China, they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!"

~Donald J. Trump, @realDonaldTrump

Walmart said it has always worked to keep its prices as low as possible, adding that this practice will not stop.

"We’ll keep prices as low as we can for as long as we can given the reality of small retail margins," the company said in a statement to Reuters.

Walmart CEO Doug McMillon said on Thursday the retailer could not absorb all the tariff costs because of narrow retail margins. Even so, he said, the company was committed to ensuring that tariff-related costs on general merchandise, which primarily comes from China, would not drive food prices higher.

Every week, 255 million people shop in its stores or place orders online around the world, and 90% of the U.S. population lives within 10 miles (16 km) of a Walmart.

Walmart's disclosure comes about three weeks after a published report that Amazon (AMZN.O), opens new tab planned to disclose how much Trump-imposed tariffs were adding to the costs of its products. The White House blasted Amazon over the report, which the company promptly denied.

https://www.reuters.com/world/us/trump-tells-walmart-eat-tariffs-instead-raising-prices-2025-05-17/

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Brian Tyler Cohen is one of the most viewed independent progressive political hosts on YouTube. Subscribe for daily breaking news clips followed by in-depth commentary; interviews with top figures (including President Biden, Kamala Harris, Bernie Sanders, AOC, Elizabeth Warren, Jamie Raskin, Pete Buttigieg, Mark Cuban, Jen Psaki, Rachel Maddow, Nancy Pelosi, and many more); weekly video podcasts for a deep-dive into the week's most important stories; legal analysis on "The Legal Breakdown" with Glenn Kirschner and voting rights news on "Democracy Watch" with Marc Elias; and livestreams of major events, from debates to election results.

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