Walmart, Trump
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Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out.
Kevin O’Leary is warning that retailers will not “eat the tariffs,” as President Trump demands, instead of hiking prices for customers. “This idea that the president says, ‘Listen, retailers, eat the tariffs.
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,
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Investor's Business Daily on MSNStock Market Soars On U.S.-China Tariff Cuts, Nvidia AI Chip News; UnitedHealth, Walmart Also In Focus: Weekly ReviewThe stock market powered higher this week on Trump tariff cuts and Nvidia AI chip news. UnitedHealth was a big Dow Jones drag.