President Donald Trump reacted to a Walmart earnings call that warned prices will go up as a result of recent tariffs, saying on social media: "Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!"
Vice President JD Vance, meeting with the European Commission President Ursula von der Leyen, said that "of course, we have some disagreements on things like trade," but that he hopes their conversation "will be the beginning of some long-term trade negotiations and some long-term trade advantages between both Europe and the United States."
While traveling in the Gulf States in the Middle East, President Donald Trump again said that negotiators in his administration don't have time to meet with every country subject to reciprocal tariffs ahead of the 90-day deadline for those tariffs to snap back into place. So, he said, he will be telling some countries what their tariff rates will be in two or three weeks.
A coalition of food producers, including the American Honey Producers Association, the Catfish Farmers of America, the Crawfish Processors Alliance, the Louisiana Farm Bureau Crawfish Committee, and the Southern Shrimp Alliance, sent a letter May 9 asking President Donald Trump to impose tariffs on "unfairly traded imports" of products similar to theirs.
President Donald Trump, at a press conference May 12, told reporters that he told leaders from Pakistan and India that if they didn't stop bombing each other, he'd stop imports from their countries.
President Donald Trump touted his plan to get foreign health purchasers to pay more for pharmaceuticals, and U.S. consumers to pay less, as he signed an executive order seeking to equalize those prices.
White House spokesperson Karoline Leavitt, in a press briefing on May 8, told a reporter that even after the negotiations are done with the U.K., the president is not open to removing an additional 10% tariff on nearly all British goods. Countries like the U.K., that buy more U.S. goods than they export to the U.S., were hit with 10% tariffs, on the argument that if their trade barriers were lower, they would buy even more.
After President Donald Trump spoke May 8 about a trade deal with the U.K., he took questions from reporters, and one asked whether the U.S. will lower tariffs on China if talks involving Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and China's vice premier go well over the weekend.
Vice President JD Vance, at a Q&A with Wolfgang Ischinger, a former German ambassador to the U.S., said it should be "very, very easy" to talk with officials at the EU about the bloc lowering its regulatory barriers to trade and its approach to U.S. tech giants.
President Donald Trump, in a social media post, complained that other countries are offering "all sorts of incentives to draw our filmmakers and studios away from the United States," and that Hollywood and other U.S. regions "are being devastated." He said this is national security threat. "It is, in addition to everything else, messaging and propaganda! Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!"