Leslie Josephs, CNBC and Melissa Repko, CNBC
Guest
Offline
President Donald Trump blasted Walmart on Saturday after the country's largest retailer warned this week that it will have to raise prices because of tariffs.
"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain," Trump wrote on Truth Social. "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!!!"
Walmart CFO John David Rainey said in an interview with CNBC on Thursday that, "We have not seen price...
Continue reading...