Walmart, the largest retailer in the country, called Trump’s tariffs “too high” and announced “higher tariffs will result in higher prices” at their stores beginning later this month. The retail giant confirmed that Trump’s high tariffs on major trading partners are raising the cost of electronics, toys, and food.
Tariffs have already made mattresses, toys, strollers, and big-ticket purchases that many families need more expensive. An analysis from the Yale Budget Lab shows their chaotic policies will cost almost half a million American jobs and raise the cost of living for households by an average of $2,800, with the poorest Americans paying a disproportionate share of the costs.
Trump’s chaos is hurting workers at major ports nationwide, leaving many dockworkers and truck drivers uncertain about their futures. Last week, California’s major ports faced 12 hours during which zero cargo ships left from one of America’s most important trading partners, which hasn’t happened since the COVID-19 pandemic shut down global trade.
“Americans trusted Trump to bring prices down on his first day in office, but prices keep rising on his watch while he ignores struggling families and brags about soon flying in a $400 million plane,” said American Bridge 21st Century spokesperson Brandon Weathersby. “The future of Trump’s economy looks dire for American workers and their families. Jobs will be lost, and people will get priced out of buying the essentials they need. Instead of admitting defeat, he’s doubling down on a trade war he’s losing badly, and it’s everyday people paying the price for his failures.”
Published: May 15, 2025