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Date
Summary
Erin Burnett: ‘Walmart Raising Prices Exposes the Black and White Reality that Trump’s Campaign Promise Was False’
Subjects
Source
CNN
Name: CNN
URL: http://www.cnn.com/
Show
Out Front with Erin Burnett (CNN)
Name: Out Front with Erin Burnett (CNN)
URL: https://www.cnn.com/shows/erin-burnett-out-front
Persons
Erin Burnett
Name: Erin Burnett
Employment: CNN
Position: Host
Event
Event location
–
Link
–
Original recording
Uploaded
05/15/2025 08:30 pm
Owner
JBDiaz (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:02:20
Views
2
Purchases
0
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0
Transcript
RUSH TRANSCRIPT Best to ░░░░░░░░ our Prices as low ░░░░░░░░ possible But given the ░░░░░░░░ of the tariffs even ░░░░░░░░ the reduced levels announced ░░░░░░░░ week we aren t ░░░░░░░░ to absorb all the ░░░░░░░░ given the reality of ░░░░░░░░ retail margins So who ░░░░░░░░ will be absorbing some ░░░░░░░░ these costs Well main ░░░░░░░░ America everybody who shops ░░░░░░░░ Walmart and that is ░░░░░░░░ everyone Walmart is the ░░░░░░░░ retailer and the biggest ░░░░░░░░ sector employer in the ░░░░░░░░ States Now according to ░░░░░░░░ one they did all ░░░░░░░░ research on Walmart It ░░░░░░░░ fascinating They say 95 ░░░░░░░░ Americans shop at Walmart ░░░░░░░░ shoppers visit an average ░░░░░░░░ 67 times a year ░░░░░░░░ people who shop at ░░░░░░░░ spend 13 5 of ░░░░░░░░ shopping dollars at Walmart ░░░░░░░░ average Walmart shopper a ░░░░░░░░ with a household income ░░░░░░░░ 40 and 80 000 ░░░░░░░░ Walmart raising prices is ░░░░░░░░ a small business It ░░░░░░░░ American business as Americans ░░░░░░░░ it And Walmart raising ░░░░░░░░ exposes the black and ░░░░░░░░ reality that Trump s ░░░░░░░░ promise was false We ░░░░░░░░ going to be a ░░░░░░░░ nation It s not ░░░░░░░░ to be a cost ░░░░░░░░ you It s going ░░░░░░░░ be a cost to ░░░░░░░░ country Only it is ░░░░░░░░ you And today s ░░░░░░░░ from Walmart comes just ░░░░░░░░ after Trump essentially declared ░░░░░░░░ in his unprecedented trade ░░░░░░░░ with China Victory Even ░░░░░░░░ at this point there ░░░░░░░░ been no no details ░░░░░░░░ any kind of a ░░░░░░░░ one Wall Street firm ░░░░░░░░ that the agreement such ░░░░░░░░ it is so far ░░░░░░░░ understanding sort of does ░░░░░░░░ include any commitments by ░░░░░░░░ on exchange rate policy ░░░░░░░░ the bilateral trade imbalance ░░░░░░░░ is the core of ░░░░░░░░ whole thing And even ░░░░░░░░ Trump backed off of ░░░░░░░░ tariffs big time without ░░░░░░░░ sort of a deal ░░░░░░░░ he left on China ░░░░░░░░ still higher in terms ░░░░░░░░ tariffs than those infamous ░░░░░░░░ hawley tariff of 1930s ░░░░░░░░ s how Trump framed ░░░░░░░░ 10 seconds We achieved ░░░░░░░░ total reset with China ░░░░░░░░ made a great deal ░░░░░░░░ China Great trade deal ░░░░░░░░ ve agreed to open ░░░░░░░░ fully open China going ░░░░░░░░ be great for everybody ░░░░░░░░ Walmart shoppers except the ░░░░░░░░ of Americans right The ░░░░░░░░ shoppers And that may ░░░░░░░░ part of why the ░░░░░░░░ of JPMorgan chase is ░░░░░░░░ backing down from his ░░░░░░░░ of a recession.
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