President Donald Trump says Walmart cut prices, including a nearly 15% reduction on a pound of ground beef, at the White House’s request; Walmart confirms lower prices but does not mention any government role.Walmart lists reductions on meat, produce, ice cream, chips and 24-packs of Coca-Cola and Pepsi and describes the cuts as seasonal savings to help customers, while Mr. Trump posts the claim on “Truth Social” and frames the move as part of his effort to lower the cost of living.Critics and economists say tariffs, supply-chain bottlenecks and foreign conflicts, including the Iran situation, have kept consumer costs high and note that
Walmart’s earnings benefited from inflation, making the politics of the price cuts a central issue ahead of midterm elections.