From Yahoo Finance: 2025-05-19 12:01:00

President Trump criticized Walmart for blaming tariffs for price hikes, urging the company and China to absorb costs. Walmart CFO John David Rainey noted unprecedented price increases due to tariffs, despite recent relief. Major U.S. companies like Microsoft, Mattel, and Ford are adjusting prices due to ongoing tariff policies. Walmart reaffirmed commitment to affordability amid evolving trade policy uncertainty, with shares closing higher at $98.24. Retailers like Target, Home Depot, and Lowe’s are expected to provide updates on tariff impacts.



Read more at Yahoo Finance: Walmart should stop blaming tariffs, says Trump