{"id":2435161,"date":"2025-05-15T16:28:01","date_gmt":"2025-05-15T20:28:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-hits-out-at-walmart-over-tariff-related-price-hikes\/"},"modified":"2025-05-15T16:29:53","modified_gmt":"2025-05-15T20:29:53","slug":"white-house-hits-out-at-walmart-over-tariff-related-price-hikes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-hits-out-at-walmart-over-tariff-related-price-hikes\/","title":{"rendered":"White House hits out at Walmart over tariff-related price hikes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhite-house-hits-out-at-walmart-over-tariff-related-price-hikes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2435161&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The White House is responding to Walmart&#8217;s proclamation of impending price hikes at its stores,attributed to the tariff regime put in place by President Trump. Walmart&#8217;s CEO, Doug McMillon, explained that the company cannot absorb the pressure created by elevated tariffs, particularly on Chinese products, and will have to raise prices due to narrow retail margins. Recent agreements between the U.S. and China have kept tariffs at 30%, despite some reductions for low-value imports.<\/p>\n<p>The Trump administration defends its tariffs as a means to encourage domestic manufacturing and boost American jobs, arguing that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/retail-giants-toggle-business-strategies-in-response-to-high-inflation\/\" title=\"Retail Giants Toggle Business Strategies In Response To High Inflation\">short-term pain<\/a> could lead to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-office-opposition-from-ncaa-woke-corporations-strengthened-his-resolve-to-protect-girls\/\" title=\"DeSantis\u2019 Office: Opposition From NCAA, \u2018Woke\u2019 Corporations \u2018Strengthened His Resolve\u2019 To Protect Girls\">long-term benefits<\/a>. Critics, including the democratic National Committee, argue that these policies will hurt consumers, especially in the working and middle classes, leading to economic downturns. Walmart CFO John David Rainey has warned that customers will likely notice price increases soon, emphasizing Walmart&#8217;s reliance on both domestic and Chinese products for its inventory. <\/p>\n<p>the situation highlights the <a href=\"https:\/\/amzn.to\/3YuVZYV\" >ongoing tensions surrounding trade policies<\/a> and their real-world implications for consumers and retailers.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">White House hits out at Walmart over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/john-kennedy-compares-qatar-to-hannibal-lecter-as-trump-continues-middle-east-tour\/\" title=\"John Kennedy compares Qatar to Hannibal Lecter as ... continues Middle East tour\">tariff-related price hikes<\/a><\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2120769\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">White House<\/a> is defending its <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tariffs\/\" target=\"_blank\" rel=\"noopener\" title=\"White House\">tariff regime<\/a> after Walmart plans price hikes at its thousands of retail stores nationwide.<\/p>\n<p>The retail giant <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/walmart\/\" target=\"_blank\" rel=\"noopener\" title=\"announced\">announced<\/a> it will need to raise prices over the summer due to President Donald Trump&rsquo;s tariffs.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3412174\/elon-musk-lawsuit-pac-allegedly-failing-pay-petition-signers\/\">Elon Musk PAC faces lawsuit over allegedly failing to pay petition signers<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3412061\/trump-vance-honor-fallen-police-officers-memorial\/\">Trump and Vance honor fallen police officers at memorial service<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3411966\/pope-leo-criticism-jd-vance-trump-social-media-rome-inaugural-mass\/\">JD Vance will head to Rome for Pope Leo XIV&#8217;s inaugural Mass<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;We will do our best to keep our prices as low as possible, but given the magnitude of the tariffs, even at the reduced levels announced this week, we aren&rsquo;t able to absorb all the pressure given the reality of narrow retail margins,&rdquo; Walmart CEO Doug McMillon said Thursday on an earnings call. &ldquo;The higher tariffs will result in higher prices.&rdquo;<\/p>\n<p>The Arkansas-based company reported strong quarterly sales and said it expects further growth of between 3.5% and 4.5% in the second quarter. However, it may soon feel the brunt of increased prices for Chinese products in particular. <\/p>\n<p>The United States and China reached a de-escalation deal last week that still left tariffs of 30% on imports from the country. The White House also lowered the tax on low-value parcels from China, known as the de minimis tariff, from 120% to 54%, but that is still much higher than the 0% duty that was in place on packages valued under $800 until Trump returned to office.<\/p>\n<p>Trump said on the campaign trail that &ldquo;tariff&rdquo; was his <a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3189487\/donald-trump-defends-tariffs-takeaways-bloomberg-economic-interview\/\" target=\"_blank\" rel=\"noopener\" title=\"favorite word in the dictionary\">favorite word in the dictionary<\/a>, and he has moved aggressively to implement them now that he&rsquo;s in office. The goal is to have more items made in the U.S. and to boost manufacturing employment, which the White House pointed to in a statement.<\/p>\n<p>&ldquo;Real prosperity is American workers being able to support their families and communities because they have good jobs that pay well and provide dignity,&rdquo; spokesman Kush Desai said. &ldquo;This is what the Trump administration&rsquo;s America First agenda of tariffs, deregulation, tax cuts, and domestic energy is focused on unleashing &mdash; not cheap Chinese toys.&rdquo;<\/p>\n<p>Trump has suggested tariffs will cause Americans to <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3401233\/trump-dolls-austerity-argument-tariffs-may-dangerous-politically\/\" target=\"_blank\" rel=\"noopener\" title=\"buy fewer dolls\">buy fewer dolls<\/a> for Christmas for their children, and they may cost more. But he claims that short-term pain to balance out trade deficits will pay off in the long run in the form of more U.S.-based manufacturing.<\/p>\n<p>Meanwhile, inflation has remained low since Trump took office, bucking for now fears that tariffs would cause prices to skyrocket. Inflation <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3408546\/inflation-fell-april-brightening-outlook-trump-trade-war-markets\/\" target=\"_blank\" rel=\"noopener\" title=\"fell\">fell<\/a> by a tenth of a percentage point to 2.3% for the year ending in April, according to the Bureau of Labor Statistics, slightly below the expected rate of 2.4%.<\/p>\n<p>Last week, the Federal Reserve <a href=\"https:\/\/www.federalreserve.gov\/econres\/notes\/feds-notes\/detecting-tariff-effects-on-consumer-prices-in-real-time-20250509.html\" target=\"_blank\" rel=\"noopener\" title=\"found\">found<\/a> that Trump&rsquo;s tariffs have led to a 0.3% increase in prices.&nbsp;<\/p>\n<p>Still, Trump&rsquo;s opponents pointed to the Walmart news as evidence that middle- and working-class consumers will feel the brunt of his trade war and said an economic downturn is still in the picture.<\/p>\n<p>&ldquo;Donald Trump and his administration are showing their true colors, letting costs skyrocket while they cash in for themselves,&rdquo; the Democratic National Committee wrote in a newsletter blast. &ldquo;While prices continue to rise and a recession looms, Trump and his Cabinet of cronies have no solutions.&rdquo;<\/p>\n<p>Trump met with McMillon, the Walmart CEO, just last month to discuss the impact of tariffs along with the leaders of Target and Home Depot. <\/p>\n<p>But in an interview, Walmart Chief Financial Officer John David Rainey said consumers will likely see higher prices at the end of May. Walmart operates more than 10,750 stores and clubs in 19 countries, while employing 2.1 million people worldwide, <a href=\"https:\/\/corporate.walmart.com\/about\/location-facts\" target=\"_blank\" rel=\"noopener\" title=\"according to the company\">according to the company<\/a>.<\/p>\n<p>&ldquo;I&rsquo;m concerned that consumers are going to start seeing higher prices,&rdquo; Rainey <a href=\"https:\/\/www.cnbc.com\/2025\/05\/15\/walmart-wmt-q1-2026-earnings.html\" target=\"_blank\" rel=\"noopener\" title=\"told\">told<\/a> CNBC. &ldquo;You&rsquo;ll begin to see that, likely towards the tail end of this month, and then certainly much more in June.&rdquo;<\/p>\n<p>About two-thirds of Walmart&rsquo;s products are sourced domestically, including most of the grocery items that constitute a majority of the company&rsquo;s revenues. However, Walmart is heavily dependent on China to supply toys and electronics.<\/p>\n<p style=\"text-transform:uppercase\"><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3411716\/trump-theo-von-visit-troops-qatar-military-pay-raise\/\" target=\"_blank\" rel=\"noopener\" title=\"Trump teases military pay raise in Qatar with Theo Von in tow to visit troops\">Trump teases military pay raise in Qatar with Theo Von in tow to visit troops<\/a><\/strong><\/p>\n<p>This isn&rsquo;t the Trump administration&rsquo;s first go-round with a retail business concerned about tariffs. The White House <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3394615\/karoline-leavitt-slams-amazon-display-tariff-costs-hostile-political-action\/\" target=\"_blank\" rel=\"noopener\" title=\"slammed Amazon\">slammed Amazon<\/a> over reports it would display the impact of tariffs on its website, after which Amazon <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3395159\/amazon-tariff-costs-trump-jeff-bezos-call\/\" target=\"_blank\" rel=\"noopener\" title=\"backed off\">backed off<\/a> of the idea. <\/p>\n<p>When toy maker Mattel said it would be taking &ldquo;pricing action&rdquo; in response to tariffs, Trump threatened to place a 100% tariff on its products made outside the U.S. so that Mattel &ldquo;won&rsquo;t sell one toy in the United States.&rdquo;<\/p>\n<p>For Walmart, the world&rsquo;s largest retail company based in Bentonville, Arkansas, the dispute could also place pressure on its elected federal officials, who are staying tight-lipped at the moment.<\/p>\n<p>Sen. Tom Cotton (R-AR) declined to comment when approached Thursday by the <em>Washington Examiner<\/em>, and Sen. John Boozman (R-AR) said he was not familiar with the development. A spokesperson for Rep. Steve Womack (R-AR), who represents the district where Walmart is headquartered, declined to comment as well. <\/p>\n<p><em>David Sivak and Ramsey Touchberry contributed to this story<\/em><\/p>\n<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2120769\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2120769\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House criticizes Walmart for raising prices due to tariffs<\/p>\n","protected":false},"author":2635,"featured_media":2435162,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/05\/Walmart-tariffs.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[55317,50406,11489,32127],"class_list":["post-2435161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-price-hikes","tag-tariffs-2","tag-walmart","tag-white-house"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/05\/Walmart-tariffs.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2435161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2435161"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2435161\/revisions"}],"predecessor-version":[{"id":2435165,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2435161\/revisions\/2435165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2435162"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2435161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2435161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2435161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}