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National

Taylor Odisho

GOP Lawmaker Insists Walmart Will 'Lower Prices' Despite Walmart Executive Declaring Trump's Tariffs Are 'Still Too High'

Walmart Donald Trump Republican Party Andy Barr John David Rainey Aaron Rupar John Berman S Jaishankar Republican CNN

A Republican lawmaker claimed Walmart's prices will drop moments after the retailer's CFO claimed prices are increasing. (Credit: RONALDO SCHEMIDT/AFP VIA GETTY IMAGES)

A GOP lawmaker insisted Walmart would "lower prices," moments after the retail corporation's chief financial officer warned that President Trump's tariffs remain "too high" and will impact pricing.

Walmart CFO John David Rainey told CNBC on Thursday that while the company has managed to keep inventory moving, it's struggling to predict consumer demand and navigate the uncertainty of Trump's shifting tariffs.

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