Walmart said on Monday it would cut prices on many summer barbecue favorites, including meat, chips, and soda

President Donald Trump is claiming credit for Walmart's recent price cuts, though the retailer's statement doesn't mention his administration's involvement.

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

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