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Treasury Sec. Bessent: Walmart will ‘eat some of the tariffs’ after announcing price hikes

May 20, 2025
in Market & News
Reading Time: 1 min read
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After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that consumers would see higher prices as a result of the trade war.

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