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Trump says Walmart agreed to lower prices for America’s 250th anniversary

Trump says Walmart agreed to lower prices for America’s 250th anniversary

President Donald Trump said Monday that Walmart agreed to reduce prices on a variety of products following a request from his administration tied to the nation’s 250th anniversary celebrations. In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by “almost” 15%. It did not provide

President Donald Trump said Monday that Walmart agreed to reduce prices on a variety of products following a request from his administration tied to the nation’s 250th anniversary celebrations.

In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by “almost” 15%. It did not provide details on when the discounts would begin or what other products would be included.

“This is a great deal for the many millions of Americans who intelligently shop at Walmart,” Trump wrote. He called the retailer “a truly patriotic company that loves America.”

Walmart confirmed after Trump’s post that it was lowering prices. the company the press release did not mention Trump or the White House; In a possible nod to the anniversary, it said it will make price cuts on “250 items.”

It was the second time on Monday that the president promoted a specific company. “Go out and buy a Dell computer,” he said at the White House Monday morning, while highlighting Michael and Susan Dell’s $6.25 billion donation to Trump Accounts. The comments raise questions about the extent to which politics is influencing business decisions.

Walmart declined to comment on whether the sales are the result of a meeting with the White House. A person familiar with the matter told Business Insider that some of the price reductions were implemented last week.

Here is a list of products that will have lower prices, according to Walmart’s statement:

  • 1 pound 73% ground beef roll, fresh ($5.94, was $6.74)
  • Fresh Sweet Corn at Cobb ($0.25 each, was $0.68)
  • Fresh Red Cherries, 2.25-pound bag ($5.63, was $11.18)
  • Great Value Ice Cream 48 fl. oz ($2.50, was $2.97)
  • 8oz bag of Lay’s Classic Potato Chips ($2.50, was $2.97)
  • Frito-Lay Family Fun Variety Pack, 18 Count ($8.97, was $9.97)
  • Great Value Disposable Paper Plates, 200 Count ($8.97, was $9.97)
  • 24-packs of Coca-Cola, Diet Coke and Coca-Cola Zero Sugar ($9.97, was $14.97)
  • Pepsi, Diet Pepsi, Dr. Pepper and Diet Mountain Dew, 24-packs ($9.97, was $13.97)

“This summer, we’re making even more price investments, with thousands of Rollbacks on the products customers buy most, including beef, produce and beverages, grills, pools, toys and summer fashion apparel,” Julie Barber, executive vice president and chief commercial officer for Walmart U.S., said in the release.

The price cuts will also extend to Sam’s Club, according to Walmart’s statement.