US EditionTrump’s Tariffs May Mean Walmart Shoppers Pay More, His Treasury Chief Acknowledges
- Treasury Secretary Scott Bessent acknowledged on May 17, 2025, that Walmart may pass some costs from President Donald Trump's tariffs to shoppers in the U.S.
- This follows President Trump’s social media warning on May 16, 2025, that Walmart should not raise prices to offset tariffs and that he would monitor their actions closely.
- Walmart, the largest U.S. Retailer, has begun seeing higher prices on shelves since late April, and while it will absorb some tariffs, some costs might be passed to consumers.
- Bessent emphasized that strategic uncertainty is used as a negotiating tactic in 90-day trade talks resetting tariffs on China from 145% to 30%, with a July deadline for tariff decisions.
- The tariffs and related uncertainties contribute to consumer and business caution, with reports suggesting an average $2,200 price increase per household and ongoing skepticism about economic growth claims.
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90 Articles
'Be very careful': MAGA senator's ominous warning to America's biggest retailer
Sen. Bill Hagerty (R-TN) echoed President Donald Trump's recent attacks on Walmart during an interview with CNBC's Andrew Ross Sorkin on Monday, warning the mega-retailer to keep the president happy and not pass on the costs of tariff increases to consumers."If Walmart decides that they have to rais...
Colorado Politics
Washington ExaminerScott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.” Trump announced a sweeping tariff plan early last month, placing a blanket 10% tariff on imports into the United…
Bessent Minimizes Damage to Walmart Customers by Tariff Policy
Washington. U.S. Treasury Secretary Scott Bessent yesterday minimized the risks of inflation from the tariffs announced by the Donald Trump administration, claiming that he spoke to Walmart’s director and that retailer’s warnings about price increases for consumers were simply the “worst possible scenario.”
Official: Walmart won't 'eat the tariffs' in full
WASHINGTON — Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump's tariffs to its shoppers through higher prices.
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