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00:02Walmart said it will keep informing stakeholders about tariff impacts after President Trump
00:06criticized its plans to raise prices, according to Bloomberg.
00:09Secondive Dan Bartlett said the company is not trying to be political,
00:12but is simply sharing facts about tariffs.
00:14He said Walmart strives for consistency in its internal and public messaging
00:17and felt obligated to inform investors and customers about future guidance.
00:22Trump criticized Walmart on social media last month for raising prices after new tariffs,
00:26saying the retailer should absorb the cost instead of pass them on to consumers.
00:30Walmart said some prices will rise due to tariffs,
00:32though supplier changes may offset increases,
00:34and it plans to keep prices competitive and as low as possible.
00:37For all things money, visit Benzinga.com slash GSTV.
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