President Donald Trump said Walmart Inc. should stop trying to blame tariffs as the reason for raising its prices, as the company warned it would this week. Trump also renewed his criticism of the Fed, insisting in another post that the central bank “SHOULD CUT RATES SOONER, RATHER THAN LATER,” as he sought to cast blame for the economic impacts of his tariff regime. While temporary agreements – including the latest 90-day deal with China – are expected to alleviate short-term pressure on the supply chain, the whiplash has made it tough for companies to respond or plan.
Author: Bloomberg News
Published at: 2025-05-17 20:25:27
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