Walmart Cuts Prices Up to 63% on Thousands of Items as Trump Claims Credit
Updated
Updated · CBS New York · Jul 7
Walmart Cuts Prices Up to 63% on Thousands of Items as Trump Claims Credit
3 articles · Updated · CBS New York · Jul 7
Summary
Thousands of Walmart and Sam's Club items were marked down last week, with cuts spanning groceries and summer goods sold in stores, online and through both chains' apps.
Walmart said the move targets seasonal items and extends its low-price strategy, covering products from 73% ground beef at $5.94 to Coca-Cola 24-packs at $9.97 and sweet corn at $0.25.
Trump said Walmart acted at his administration's request to mark the country's 250th birthday, but Walmart's announcement did not mention him and the company declined to comment on his post.
The cuts follow Walmart's February price increases on general merchandise tied to import tariffs, and land as affordability remains a political pressure point for Trump ahead of the midterms.
A new Guardian-Harris Poll found about half of Americans are struggling to pay for basics, while 95% said the U.S. is in an affordability crisis.