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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." ...
Citing a conversation with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent said the retailer will absorb some of ...
Walmart reported its first-quarter earnings, with adjusted revenues of $168 billion, as shoppers rushed to get ahead of tariff-related price rises.
While the company beat earnings estimates, Walmart CEO Doug McMillon warned that current tariff levels -- despite a temporary reduction on Chinese imports -- are "still too high" for Walmart or ...
Walmart has become the latest example of a big company catching high profile political pushback in a still-fluid trade environment, as President Trump said on social media Saturday that the retail ...
WASHINGTON – Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." ...
Walmart CEO Doug McMillon said earlier this week that some prices could rise within weeks because of the tariffs imposed by Trump. The president responded Saturday, posting on his social media ...
We will do our best to keep our prices as low as possible,” Walmart’s CEO said. But ultimately, shoppers may end up paying the price.
we aren’t able to absorb all the pressure given the reality of narrow retail margins,” Walmart CEO Doug McMillon said Thursday on an earnings call. “The higher tariffs will result in higher ...
Walmart shoppers should prepare for rising prices on various goods, starting late May and intensifying in June, due to tariffs on imports from multiple countries. Despite a temporary tariff ...
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to ...
The retail giant said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more ...