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Bessent says Walmart will absorb 'some tariffs'

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 "some of the tariffs."

TheStreet on MSN · 23h

Secretary Bessent sends message on Walmart price increases due to tariffs

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.

USA TODAY on MSN · 1d

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 not charge valued customers "ANYTHING."

Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made

Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not make trade deals with the US during the 90-day pause. “President Trump has ...

9hon MSN

Scott Bessent urges tax cuts to offset possible tariff inflation

Treasury Secretary Scott Bessent suggested critics of President Donald Trump's tariff plan should be open to cutting taxes, calling them “deflationary.” ...

Independent Journal Review5h

Tariffs Will Likely Lead To Price Increases, Bessent Says

Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug ...

1don MSN

Bessent Warns Reciprocal Tariffs Will Return Without 'Good Faith' Talks

The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the ...

1don MSN

Bessent on added costs from tariffs: ‘Some may get passed on to consumers’

Treasury Secretary Scott Bessent responds to Walmart’s CEO saying prices will rise for Americans because of Trump’s tariffs.

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