A former Kentucky political candidate's claim that Walmart cut all food prices to "pre-inflation" rates during Donald Trump's first month as U.S. president is inaccurate, the American retailer has said.

Walmart (WMT) is betting big it can win over affluent shoppers, outpace Amazon (AMZN), and gain favor with President Donald Trump.

The Administration insists that its aggressive trade policies won’t hurt U.S. consumers, but data from Trump’s first term suggest otherwise.

Shoppers flooded to Walmart for groceries and clothing last year. But 2025 will be trickier for the retail giant as inflation ticks back up and Trump’s tariffs kick in.

Walmart stock fell more than 6.5% after the company delivered its fourth-quarter earnings report earlier Thursday. The stock registered its steepest daily loss since November 2023 and its eighth-worst day of the last decade, according to FactSet data.

The retailer serves as a barometer for consumer spending due to its scale and commanding market share of the U.S. retail industry.

President Trump confirmed tariffs on Canada and Mexico are “going forward,” raising concerns about rising prices for consumers and what it could mean for the economy.

President Donald Trump says his tariffs on Canada and Mexico are starting next month. WASHINGTON — President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.

President Donald Trump announced that tariffs on Canadian and Mexican imports will take effect next month, ending a suspension that had delayed their implementation.