Walmart, tariffs
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Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb "some of the tariffs."
On a May 15 quarterly earnings call with investors, Walmart President Douglas McMillon reiterated that the company is hoping to keep prices as low as possible but singled out some goods that could ...
Walmart CEO Doug McMillon and Kieran Shanahan, the chief operating officer of Walmart U.S., believe in the importance of mentorship, financial literacy, and the need to be good at
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to do it with euphemisms to avoid the president’s anger.
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "'EAT THE TARIFFS," and not ...
President Trump publicly criticized Walmart, urging them to absorb tariff costs instead of raising prices for consumers. This rebuke followed Walmart CEO Doug McMillon's warning about impending price increases due to tariffs on goods primarily imported from China.