Trump says Walmart cut prices at his request, but Walmart statement omits administration's role
Source: AP News
President Donald Trump on Monday sought to take credit for recent price cuts by Walmart, but a statement by the retailer made no mention of the administration’s involvement in its decision.
The president has faced public backlash over inflation rising during his watch, as prices climbed initially in the aftermath of his tariffs and later with the start of the Iran war in late February. Trump described a recent bipartisan measure to trim housing costs as “a yawn” and tried to blame the Democrats for inflation staying elevated.
Going into the November midterm elections for control of Congress, Trump has sought to deride Democrats as communists who would have the government interfere with private companies. But in his social media post about Walmart, he said the business had trimmed prices at the specific request of his administration.
“I have just been informed that one of the biggest, best, and smartest Retailers in America, Walmart, will be lowering prices, by a lot, at my Administration’s request to celebrate our great Country’s 250th birthday,” Trump said. “Walmart will, in particular, be dropping the price for a pound of ground beef by almost 15%, among many other products.”
Read more: https://apnews.com/article/trump-walmart-inflation-beef-prices-ffc6faf84b68a0a5c5389217b77021ae
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