Overview

• President Trump criticized Walmart on social media, urging the retailer to absorb tariffs instead of passing costs to consumers, citing its substantial profits.
• Walmart confirmed it will raise prices on some goods, stating that its narrow retail margins make it impossible to fully absorb the tariffs.
• Treasury Secretary Scott Bessent indicated Walmart will absorb some tariff costs, but consumers will likely see higher prices on certain items.
• Home Depot announced it will keep prices stable by adjusting supply chains, reducing reliance on Chinese imports, and leveraging supplier partnerships.
• Economists and industry experts predict the economic burden of tariffs will be shared between retailers and consumers, intensifying debates over trade policy impacts.