NBC News: How Trump Is Intimidating Major Retailers

NBC News reports:

It’s “eat the tariffs” vs. “everyday low prices.” Walmart has indicated that consumers will soon start seeing higher costs as Trump’s tariffs have begun to take effect. And retailers broadly have tried to warn consumers about impending price hikes. But the president has sought to aggressively counter those warnings, instead putting the blame for cost increases on U.S. companies and China, which still faces tariffs totaling more than 40%.

The standoff between the president and Walmart now looms over the other major retailers reporting earnings this week, which include Home Depot, Lowe’s, Target, and TJ Maxx and Marshall’s parent TJX. These companies may have initially felt Walmart’s signals about price hikes gave them cover to enact their own cost increases — but Trump’s remarks now put them at risk of also being targeted by the president.

Read the full article.

Trump stiffed and scammed small businesses and consumers for decades and now he’s lecturing a big retailer?

Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs from those taxes https://t.co/3xICTxI87c pic.twitter.com/6w1nivG5Hc

— Rich Klein (@RichKleinCrisis) May 17, 2025