Economy

Trump says Walmart will lower prices after White House request

ByKatherine Li

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Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois.

Donald Trump said Walmart cut prices on a selection of products, including ground beef, for the US's 250th anniversary.Scott Olson/Getty Images

Jul 6, 2026, 5:39 PM ET

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President Donald Trump said Monday that Walmart has agreed to lower prices on a range of products after 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%. He did not provide details on when the discounts would begin or which other products would be included.

"This is a huge deal for the many millions of Americans who, smartly, shop at Walmart," Trump wrote. He called the retailer "a truly patriotic Company who loves the U.S.A."

Walmart confirmed after Trump's post that it was lowering prices. The company's press release did not mention Trump or the White House; in a possible nod to the anniversary, it said it will make price cuts across "250 items."

It was the second time on Monday that the president promoteda specific company. "Go out and buy a Dell computer," he said at the White House on Monday morning, as he highlighted Michael and Susan Dell's $6.25 billion donation to Trump Accounts. The comments raise questions about how much 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 issue told Business Insider that some of the price reductions were rolled out last week.

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

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  • 1 lb. 73% Ground Beef Roll, Fresh ($5.94, was $6.74)
  • Fresh Sweet Corn on the Cobb ($0.25 each, was $0.68)
  • Fresh Red Cherries 2.25 lb. bag ($5.63, was $11.18)
  • Great Value Ice Cream 48 fl. oz ($2.50, was $2.97)
  • Lay's Classic Potato Chips 8 oz bag ($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)
  • Coca-Cola, Diet Coke and Coca-Cola Zero Sugar 24-packs ($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 investments in price, with thousands of Rollbacks across the products customers are shopping for most including beef, fresh produce and beverages, grills, pools, toys and summer fashion apparel," Julie Barber, Walmart's Executive Vice President and Chief Merchant US, said in the statement.

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

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Katherine Li, West Coast breaking news reporter at the Business Insider.Katherine Li

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Katherine Li is a reporter on Business Insider's West Coast business news team. She covers career,  the AI startup culture, and how AI is affecting economic sentiments.Previously, she was a newsroom fellow who wrote international breaking news and produced newsletters for Semafor. Before that, she wrote about climate policies for The Lever, covered the AAPI community for the SF Chronicle as a freelancer, and wrote about the 2019 Hong Kong protests as an intern for The New York Times.She is an alumna of the Graduate School of Journalism at UC Berkeley and a graduate of the international journalism program at Hong Kong Baptist University with minors in French and English literature.  Email Katherine at katherineli@insider.com and follow her on Bluesky @ katherineli.bsky.social. Expertise

  • Careers and hiring trends
  • AI startups
  • Trade policies & tariffs

Some of her best works include:I'm an early participant in a UBI program that helps workers displaced by AI, and the support is life-changingAI startups are shifting the economic center of gravity of San FranciscoCompanies are struggling to fill manufacturing positions, let alone plan for what Trump's administration has in mindNightmare on Main Street: Trump's trade war is hurting American small businesses

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