American mega retailer Walmart said it would do its best to keep prices low for as long as it can, but could not promise to absorb the impact of tariffs on its products, even after President Donald Trump demanded that the company do so.
Over the weekend, the president complained that Walmart, the largest retailer in the U.S., was blaming his recent tariffs for “raising prices” and asserted the company could “eat” the additional cost of tariffs without passing them onto consumers.
