# Walmart is slashing prices on beef and soda. Trump is taking credit

- Link: https://www.widthness.com/desperate-trump-orders-communist-style-price-controls/
- Published: 2026-07-08T09:30:00-05:00
- Author: Curated by Theresa Wysocki

Photo: President Donald J. Trump attends the Salute to America 4th of July celebrations for America’s 250th anniversary, Saturday, July 4, 2026, on the National Mall in Washington, D.C. Photo credit: Official White House photo by Andrea Hanks via Flickr. US government work. Article by Cris Tolomia. Quartz – July 7, 2026. Walmart $WMT +0.80% announced price rollbacks on beef, soda, produce, and other summer items this week, as President Donald Trump claimed the cuts came at his administration’s request — a characterization Walmart’s statement did not support. Trump posted on Truth Social that Walmart would lower prices “at my Administration’s request to celebrate our great Country’s 250th birthday,” singling out a roughly 15% drop in ground beef prices. […] Click here to view original web page at www.qz.com Related articles: Walmart is lowering prices on thousands of items, including beef, soda and household goods – CBS News Desperate Trump Orders Communist-Style Price Controls – The Daily Beast Walmart Looks to Win Over Inflation-Weary Americans With Thousands of Price Cuts – Investopedia Walmart statement silent on any Trump role in reducing prices – The Hill Econ Experts Roast Trump’s Walmart Boast as ‘Democratic Socialism’ On MS NOW, Warn He’s Hurting Small Businesses – Mediaite