Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher ...

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 pushes back as retailer warns of cost hikes due to China duties ...

After President Donald Trump announced last month that the United States would impose a baseline 10-percent tariff on much of the world—with far higher rates for a set of other countries—economists ...

President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

Results from retailers including Target, Home Depot and Lowe’s arrive as investors have become less worried that U.S. President Donald Trump’s tariffs will send the economy into a recession, ...

Walmart does not appear prepared to ‘eat the tariffs,’ as Trump has insisted.

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.

The Treasury Secretary admitted Trump tariffs will be passed on to consumers, but he has a solution! At least, for the rich folks.