WASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that retailers and automakers would absorb the additional expenses. Most economic analyses are deeply skeptical of those claims and have warned that the trade penalties would worsen inflation. Walmart warned on Thursday that everything from bananas to children’s car seats could increase in price.

Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.

  • FlashMobOfOne@lemmy.worldOP
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    11 days ago

    I really hate that, in a country where people can’t afford health care or basic food staples, this is the dumbass shit I’m stuck reading on the AP. Donald makes a choice to tank the economy because he just loves how it makes world leaders want to kiss his ass, and the rest of us and our families pay the price.

    Fuck you, Donald. I hope he has a secret, excruciatingly painful medical condition and dies a horrible, slow and agonizing death.