Trump calls on Walmart to eat the tariffs after the retailer warned that the prices are increased

President Donald Trump blew up Walmart On Saturday after the retailer warned this week that he would increase the prices for tariffs.

“Walmart should stop trying to accuse the tariffs as the reason for increasing prices throughout the chain,” Trump wrote about the social of truth. “As I said, they should eat the tariffs between Walmart and China. I will watch, as well as your customers !!! “

Walmart CFO John David Rainey said in an interview with CNBC on Thursday: “We have not seen any price increases of this size, in the speed at which you are already turning us on, and so it is a challenging environment.”

Rainey said he was “satisfied with the progress that were made by which were made [Trump] The administration of tariffs from the level announced in early April, but they are still too high. “Despite 90-day reversing, which lowered the duties for Chinese imports to 30%. Goods from dozens of other countries have an obligation of 10%.

Rainey announced CNBC on Thursday that the retailer wants to keep his prices lower than the competitors, especially at a time when buyers are aiming for. For this purpose, he said that Walmart would absorb some of the higher costs for customs, and he also expects suppliers to pay some higher costs.

Rainey said that the company would “try to work with suppliers to keep prices as low as possible”.

Walmart did not comment on Trump's post immediately.

Walmart joined a growing number of companies that have increased prices or warned that higher prices are received due to tariffs. Microsoft At the beginning of this month it said that it increased the recommended retail prices for Xbox video game consoles and some controllers.

Barbie Maker Matt At the beginning of this month, it announces to postpone production from China, but is still increasing prices to increase the toy. And ford The last week warned would have to increase prices for some cars.

Large US individual dealers, including GoalPresent Home Depot And LionYou are expected to share your own prospects about the effects of tariffs if you report results next week.

Walmart's shares ended by $ 98.24 on Friday.

Clock: Pro: CNBC's full interview with Walmart CFO John David Rainey