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Bessent says Walmart will absorb 'some tariffs' after speaking with retailer's CEO
Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb ...
Talk Business & Politics4d
The Supply Side: Walmart top execs tout benefits of mentoring, financial literacy
Walmart CEO Doug McMillon and Kieran Shanahan, the chief operating officer of Walmart U.S., believe in the importance of ...
USA Today5d
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
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 ...
C.E.O.s Hold Their Tongues to Avoid Attracting Trump’s Anger
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to ...
Walmart Officially Announces Trump’s Tariffs Will Raise Prices in Stores Starting This Month
The prices are expected to increase “towards the tail end of this month, and then certainly much more in June,” says ...
USA Today2d
Walmart says expect price hikes due to tariffs. What will get more expensive and when?
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 ...
I will be watching and so ...: After Amazon founder Jeff Bezos, Walmart CEO Doug McMillon gets 'schooled' by Donald Trump
President Trump publicly criticized Walmart, urging them to absorb tariff costs instead of raising prices for consumers. This ...