By Sarah Nassauer and Patrick Thomas
Walmart is cutting prices on thousands of items to help customers with affordability after years of inflation. The largest U.S. grocer said Monday it is lowering the price of ground beef by 12%. The price of cherries is being halved. A 24-pack of Coca-Cola is falling by one-third to $9.97. The company also said it is cutting prices on household products, toys, apparel and other products.
The effort drew praise from President Trump, who hailed it in a social-media post as "a huge deal."
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