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International Business Times UK

Business

Niloy Chakrabarti

Trump Claims Walmart Lowered Prices at His Request: The Timeline Tells a Different Story

Walmart Donald Trump Administration US Federal Reserve Inflation StoneX

Donald Trump promoted a similar storyline last year about his Administration facilitating lower grocery prices. (Credit: The White House)

US President Donald Trump just claimed credit for the regular seasonal Walmart summer sale, claiming that the company reduced prices across grocery, household essentials, outdoor living, and apparel products at his administration's request.

Walmart's discounts on thousands of items for summer are common. For instance, the company is selling a 2.25-pound bag of fresh red cherries for $5.63 now compared with the regular price of $11.18.

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