On an earnings call this month with Wall Street analysts, Doug McMillon, Walmart’s CEO, thanked Trump for ... let the chief financial officer address it, not the chief executive.

While the company did not directly address the president's comments ... Bessent said a day later that he had spoken with Walmart CEO Doug McMillon and reported the company would absorb some ...

Walmart’s CEO Doug McMillon, along with his counterpart at Target, was given credit last month for talking down the more extravagant tariff proposals by seemingly warning the President that store ...

That drew a scathing social-media post from Trump, saying that Walmart, along with China, should "EAT THE TARIFFS" instead of passing the cost onto customers. Walmart CEO Doug McMillon had told ...

That drew a scathing social-media post from Trump, saying that Walmart, along with China, should "EAT THE TARIFFS" instead of passing the cost onto customers. Walmart CEO Doug McMillon had told ...

When Trump was sworn in Jan. 20, the national average price of a gallon of regular gasoline was $3.11. After falling to $3.06 and rising to $3.24 in the subsequent weeks, a gallon on May 12 cost $3.12 ...

Bessent confirmed that Walmart CEO Doug McMillon had told him the company planned to “eat some of the tariffs.” The rest would likely still fall on consumers. Last week, the White House ...

Bessent said he spoke Saturday with Walmart CEO Doug McMillon, stressing in two news show interviews that what he thought really mattered for Walmart customers was the decline in gasoline prices.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said in a Saturday message on Truth Social. Walmart CEO Doug McMillon said during ...

Walmart is going to absorb the cost of some tariffs, Treasury Secretary Scott Bessent said on Sunday after speaking with the company’s CEO in the wake of President Donald Trump’s warning that ...