Trump claims credit for Walmart price cuts; retailer does not cite administration in decision amid inflation backlash

President Donald Trump on Monday sought to take credit for recent price cuts by Walmart, but a statement by the retailer made no mention of the administration's involvement in its decision.

The president has faced public backlash over inflation rising during his watch, as prices climbed initially in the aftermath of his tariffs and later with the start of the Iran war in late February.

Trump described a recent bipartisan measure to trim housing costs as 'a yawn' and tried to blame the Democrats for inflation staying elevated.

Walmart has benefited in part from higher inflation under Trump, as consumers have turned to its stores and website in search of lower prices.