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 ...

President pushes back as retailer warns of cost hikes due to China duties ...

Walmart does not appear prepared to ‘eat the tariffs,’ as Trump has insisted.

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.

President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

After President Donald Trump announced last month that the United States would impose a baseline 10-percent tariff on much of the world—with far higher rates for a set of other countries—economists ...

Treasury Secretary Scott Bessent is playing down inflation risks from the Trump administration’s tariffs. On Sunday, he said he spoke to the head of Walmart and believes the retailer’s warnings ...

The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.

Donald Trump is taking aim at Walmart after the retailer announced price increases tied to costs from his administration’s ...

Trump Treasury secretary admits Americans will pay ‘some’ tariff price hikes - Treasury official says he spoke with Walmart ...