On May 17, U.S. President Trump said that Walmart should bear the tariff itself instead of raising product prices and blaming his new tariff policy.
"Walmart should stop attributing the reason for price increases to tariffs," Trump said in a social media post. "Walmart made billions of dollars last year, far exceeding expectations. Walmart should 'bear the tariff' by itself instead of charging customers any fees."
Trump's demand for Walmart to bear the tariff is aimed at shifting the blame for rising prices caused by tariff policies onto enterprises, evading mistakes in policy-making, and attempting to maintain the supposed "correctness" of his economic policies. Trump is well aware of consumers' sensitivity to prices. To maintain voter support rates, he must take measures to stabilize prices. By pressuring Walmart, he hopes to reduce voters' dissatisfaction with rising prices and divert public criticism of high prices from himself. Walmart stated that it cannot absorb all the pressure brought by the tariff, and higher tariffs will lead to higher prices, reflecting the contradictions between enterprises and the government on tariff policies.
Original article: https://www.toutiao.com/article/1832432334056456/
Disclaimer: This article only represents the author's personal views.