< p > Trump: "Walmart should bear the burden of tariffs, not raise prices!" < / p > < p > On May 18, South Korean media News1 published an article stating that U.S. President Donald Trump said that the largest retail chain Walmart should not raise prices but should absorb the tariffs imposed on imported goods. < / p > < p > Trump recently posted on social media, "Walmart must stop attempting to blame tariff-induced price increases across the entire chain." < / p > < p > Trump stated, "Walmart made billions of dollars last year, far exceeding expectations. There is a view that China and Walmart must absorb the tariffs. They should not charge any fees to their precious customers." < / p > < p > This is Trump's response to Walmart's announcement last week that it plans to increase prices this month and in early summer due to tariff policies. < / p > < p > Trump's remarks are similar to those of Commerce Secretary Wilbur Ross, who recently stated that tariffs are mainly absorbed by businesses and countries. < / p > < p > However, economists predict, based on historical data, that tariffs will place a price burden on low-income and middle-class Americans, who are mainly Walmart's customers. < / p > < p > Under Trump's pressure, Walmart stated, "Considering the reality of low retail profits, we will maintain low prices for as long as possible." < / p > < p > Walmart CEO Doug McMillon stated last week when releasing the earnings report that the company cannot shoulder all the tariff costs but is doing everything possible to ensure that the tariff-related costs of daily necessities imported primarily from China do not push up food prices. < / p > < p > As a reflection of the American consumer economy, Walmart is seen as a signal of how tariffs will affect the U.S. retail market. < / p > < p > Walmart's massive scale allows it to manage costs more actively than other companies, enabling it to maintain low prices. However, it remains unclear how long the immense tariff pressure can be sustained. < / p > < p > Walmart has over 4,600 stores in the United States, with products sourced from countries such as Canada, China, India, Mexico, and Vietnam. These countries impose at least 10% tariffs, while steel, aluminum, automobile, and automotive parts import tariffs can reach up to 25%. < / p > < p > < img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/4e703017e5a14b22ab7a0b12d2539421~tplv-obj:1920:1080.image?_iz=97245&bid=15&from=post&gid=1832461788059660&lk3s=06827d14&x-expires=1755302400&x-signature=C%2BvtrD%2FUbh3QeWl5ZUrnE4akMi4%3D" / > < / p > < p > Original Source: https://www.toutiao.com/article/1832461788059660/ < / p > < p > Disclaimer: The article solely represents the author's personal views. < / p >