Walmart U.S. CEO John Furner praised President Trump’s tariff policies during a recent “Invest in America” forum, arguing they are prompting the retailer to invest more heavily in domestic production.
Furner shared that approximately two-thirds of Walmart’s inventory is now made, grown, or assembled in the United States, and the company plans to grow that share. He said the tariffs are helping redirect supply chains closer to home, which he views as a strategic advantage for both business and job growth.
He also noted that, despite inflationary pressures, customers remain resilient—continuing to shop smartly amidst cost fluctuations. The comments come after Walmart raised its annual forecast, despite reporting its first quarterly earnings miss in more than three years.