General Discussion

WASHINGTON (AP) — 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.

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“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.”

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The company, in a statement issued Monday after the president’s post, said its price rollbacks at Walmart and Sam’s Club “are designed to help customers and members make the most” of the summer season. There was no mention of any interaction with the administration and the company did not publicly comment on Trump’s claims.