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

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

nbcnews.com/meet-the-press/video/treasury-sec-bessent-walmart-will-eat-some-of-the-tariffs-after-announcing-price-hikes-239836741952

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.

This story appeared on nbcnews.com, 2025-05-18 13:25:37.