In a post on Truth Social on Monday, July 6, President Donald Trump said that Walmart would lower prices on many products, including ground beef.

Walmart will use tariff refund capital to lower consumer prices after Trump's request, as shoppers show signs of financial stress with fuel purchases

In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by "almost" 15%.

Trump praised Walmart as a "truly patriotic Company" and urged other retailers to follow suit in lowering prices for consumers.