Trump Tells Walmart 'Eat 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."
Walmart President Douglas McMillon reiterated that the company is hoping to keep prices as low as possible but singled out some goods that could be most impacted by tariffs. McMillon said tariffs ...
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.
Consumers have been pinching pennies since skyrocketing inflation in 2022 took a toll on their wallets, and worries that prices may rise further in the wake of newly instituted tariffs have sparked considerable debate.