<ul><li>US Treasury Secretary Scott Bessent stated that Walmart will 'eat some of the tariffs' in response to President Trump's demands.</li><li>Walmart's CEO, Doug McMillon, affirmed the company's stance after a personal phone call with Bessent, despite not officially commenting on the conversation with administration officials.</li><li>Walmart announced price increases for consumers due to the impact of Trump's tariffs on international trade, leading to a clash with the president who urged the company to 'eat the tariffs.'</li><li>Bessent confirmed Walmart's decision to absorb some tariffs during an interview on NBC's Meet the Press, while also discussing the ongoing trade negotiations and tariffs imposed by the Trump administration.</li></ul>

US treasury secretary says Walmart will ‘eat some of the tariffs’ after Trump demand

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