Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.
In an unexpected social media clash, President Trump slammed Walmart for warning about price increases due to tariffs. He insists the retail giant can absorb costs without passing them to customers, igniting a heated debate over trade and inflation.
As President Trump's tariffs take effect, Walmart warns of impending price hikes on various products. CEO Doug McMillon highlights the challenges of maintaining low prices amidst rising costs and trade uncertainty.
