India, May 21 -- Walmart has reacted to President Donald Trump's proposal that the retail giant should cover all cost increases brought on by his tariffs.

Blasting Walmart over its warning about price hike, Trump wrote on Truth Social, "Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain."

Trump even warned that he as well as consumers will be watching the Walmart's move.

"Between Walmart and China they should, as is said, "EAT THE TARIFFS," and not charge valued customers ANYTHING. "I'll be watching, and so will your customers!!!" he added.

When asked about Trump's statement, Walmart spokesperson Joe Pennington told USA Today: "We have always worked to keep our prices as low as possible a...