Walmart, Trump and tariffs
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Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out.
A former Republican political strategist has mocked President Donald Trump, saying he is having his “Marie Antoinette moment” on tariffs. MSNBC‘s The Weeknight hosts spoke Monday night with political strategist Lucy Caldwell,
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,
President Donald Trump will impose tariffs at the rate he threatened last month on trading partners that do not negotiate in "good faith" on deals, Treasury Secretary Scott Bessent said in television interviews on Sunday.