Leavitt: China Will “Absorb The Cost Of These Tariffs”

CBS NEWS: “Over the weekend, as you know, the president posted that Walmart ‘should eat the tariffs and not charge the value customer anything. I’ll be watching and so will your customers.’ So does he acknowledge that if companies don’t absorb the full cost, Americans will have to pay?”

KAROLINE LEAVITT: “Well, first of all, the CEO of Walmart made those comments about the tariffs on an early earnings call where CEOs, I believe, are legally obligated to give the most dire warnings and forecasts to their investors and stakeholders. The reality is, is the president has always maintained that Chinese producers will be absorbing the cost of these tariffs. And that is why China was so quick to hustle to the negotiating table with the United States of America. They need our markets, they need our consumers.”

So…she’s calling Trump a liar.

Leavitt: “The reality is, as the president has always maintained, the Chinese producers will be absorbing the cost of these tariffs.”

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— Aaron Rupar (@atrupar.com) May 19, 2025 at 9:42 AM