Key Takeaways Walmart should "eat the tariffs" rather than raise prices, President Donald Trump said in a recent Truth Social post.CEO Doug McMillon warned on the company's earnings call that profits could fall this year depending on the direction of trade policy.

Over the weekend, the president took to Truth Social to say Walmart should “EAT THE TARIFFS” after CEO Doug McMillon hinted at higher prices. Last week, anticipated price hikes at Walmart attracted headlines across the country after CEO Doug McMillon warned that certain items would become more expensive as a result of President Donald Trump’s tariff policies.

President Trump wants Walmart to keep prices down despite tariffs. It could hit the large retailer on the top line.