In May, McMillon warned of tariff-driven price hikes for a wide range of goods that includes food, toys and electronics. Trump publicly criticized Walmart for saying it would hike prices, calling on the company to “eat the tariffs.”

We’re keeping our prices as low as we can for as long as we can,” Walmart CEO Doug McMillon said in regard to the impact of tariffs.

Walmart said its tariff-related price increases were limited to 10 percent and the company was absorbing the rest of the costs