Overview

• President Trump publicly called on Walmart to fully absorb tariff costs, accusing the retailer of blaming his trade policies for price hikes.
• Walmart stated it will keep prices as low as possible but cannot absorb all tariff costs due to narrow profit margins, with some increases expected on goods like electronics and produce.
• Treasury Secretary Scott Bessent confirmed Walmart will absorb some tariffs but noted that some costs may still be passed on to consumers.
• A survey by Allianz Trade found that 54% of U.S. companies plan to raise prices in response to tariffs, with global export losses projected to reach $305 billion in 2025.
• Home Depot announced it will maintain stable pricing by diversifying its supply chain, aiming to limit reliance on any single country for more than 10% of its purchases within a year.