welcome
CNBC

CNBC

Business

Business & Economics

Why Walmart decided to say it would raise prices — and risk Trump’s fury

CNBC
Summary
Nutrition label

76% Informative

More companies have been speaking out about U.S. tariffs since April 9 , according to data from Gravity Research .

President Donald Trump lashed out at Walmart in a weekend social media post, telling the company to " EAT THE TARIFFS" Walmart responded to Trump with its own statement, echoing its commitment to keep prices as low as possible.

There were 139 corporate responses to tariffs from April 10 to April 25 , up from 79 between April 2 and April 9 .

Nearly half of those tracked statements came from earnings calls where CEOs delivered prepared remarks and answered analysts' questions.

The backlash to tariffs picked up steam from CEOs who had lauded Trump 's policies as a boon for business only months earlier .

Walmart, with its low-price reputation and vast U.S. footprint, is better positioned to withstand blowback from Trump than many other companies are.

Other major retailers including Target and Best Buy will share their own updates on their sales outlook.

Gravity Research's Piacenza said brands are closely watching one another.

VR Score

81

Informative language

83

Neutral language

42

Article tone

semi-formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links