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Trump tariffs may raise prices despite Walmart pledge
Treasury Secretary Scott Bessent said Walmart will absorb some of President Trump’s tariffs, but warned that consumers could still face higher prices, according to USA TODAY. Bessent said Walmart CEO Doug McMillon emphasized efforts to limit price hikes,
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 ...
During an interview on NBC’s "Meet the Press," moderator Kristen Welker asked Treasury Secretary Scott Bessent about the possibility of retailers such as Walmart raising prices ...
The Treasury secretary concedes that Walmart will shoulder higher costs because of new levies on foreign nations.
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not ...
The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the ...
Treasury Secretary Scott Bessent downplayed concerns over the US’s government debt and the inflationary impact of tariffs on ...
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's ...
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...
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