Trump warns Walmart of increasing prices and asks the company to “eat the tariffs” to “eat the tariffs”,

President Trump tore in Walmart and said on Saturday on social media that the retail giant should “eat the tariffs” instead of accusing the duties for imported goods that were imposed by his administration for their increased prices.

Walmart warned on Thursday That everything could rise from bananas to child seats for children despite the softer tariffs in China.

“We can control what we can control,” said the CEO of Walmart, Doug McMillon, on Thursday at the company's first quarter. “Even at reduced levels, the higher tariffs lead to higher prices,” he added.

It is expected that the price increases will come into force later this month.

Since Mr. Trump collected the import taxes, he tried to assure a skeptical public that foreign manufacturers would pay for this tax and that retailers and car manufacturers would accept the additional expenses.

In a social post of truth on Sunday, the President beat Walmart, which employs around 1.6 million employees in the United States – and said that the company should sacrifice its profits for its economic agenda. Mr. Trump says his business plan will finally lead to more domestic workplaces in production.

“Walmart should stop trying to accuse tariffs as the reason for increasing prices throughout the chain,” said Trump. “Walmart earned billions of dollars last year, much more than expected. Between Walmart and China, as I said, they should” eat the tariffs “and not to top up. I will watch, as well as their customers !!!”

A spokesman for Walmart announced CBS News on Saturday that it always worked on keeping prices as low as possible, and “we won't stop”.

“We will keep prices as low as possible as long as we can have the reality of small retail margins,” said the speaker.

The threat of the Republican President reflected the increasingly unpleasant series of decisions that many large American companies are faced with due to its tariffs, from the deterioration of sales to the possibility of being caused by Mr. Trump's anger. Local car manufacturers have in a similar way to not increase their prices, although external analyzes say that his tariffs would increase the production costs.

In April, McMillon was one of the retail managers who met Mr. Trump in the White House to discuss tariffs and potential negative results. Despite warnings, the Trump government has made ahead and attacked other companies such as Amazon and Apple who have to deal with the disorders of their supply chains.

The CFO of Walmart, John David Rainey, said he believes that 350 US dollars will soon cost car seats in China an additional 100 US dollars, which will receive a price increase of 29%.

“We are wired to keep prices low, but there is a limit for what we can wear or every retailer,” he told The Associated Press on Thursday after the company had reported strong sales in the first quarter.

Many US companies have either broken down or drew their total annual expectations after the tariffsHow consumers restrict expenses.

The administration recently reduced its 145% tariffs to China to 30% for a period of 90 days. Due to illegal immigration and drug trafficking, Trump has used 25% tariffs up to 25% in Mexico and Canada, which affected the relationship with the two largest trading partners in America.

In most countries there is a universal basic tariff of 10%, since Trump will achieve trade agreements in the coming weeks and at the same time insist on receiving the tariffs as a source of income. The framework contract with the United Kingdom would largely maintain the tariff rate of 10%.

Trump has also placed import taxes on cars, steel and aluminum and plans to do this, among other things, on pharmaceutical medicines.