PBS NewsHour logo
Daily Caller logo
Fortune logo
9 articles
·1M

Walmart May Raise Prices Due to Trump's Tariffs, Treasury Chief Admits

Treasury Secretary Bessent confirms Walmart may pass tariff costs to consumers, contradicting Trump's demand to absorb them.


Overview

A summary of the key points of this story verified across multiple sources.

Treasury Secretary Scott Bessent acknowledged that Walmart may indeed increase prices due to President Trump's tariffs, despite Trump’s insistence that the retailer absorb these costs. After speaking with CEO Doug McMillon, Bessent indicated that while Walmart will try to absorb some of the tariff costs, price hikes are likely. As inflation shows signs of easing, Bessent highlighted growing gasoline prices could affect consumer perceptions. This situation adds complexity to ongoing trade negotiations, with skepticism regarding Trump’s economic strategies persisting amid recent economic challenges.

Content generated by AI—learn more or report issue.

Pano Newsletter

Get both sides in 5 minutes with our daily newsletter.

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Treasury Secretary Bessent's remarks reinforce the idea that Walmart will pass on some tariff costs to consumers, contradicting Trump's earlier assurances.

Experts caution that Trump's economic policies are causing uncertainty, and the administration’s claims about inflation and tariff impacts are met with skepticism by independent analysts and consumers alike.

Inflation fears linger as consumers visualize price increases in stores, reflecting anxiety about economic policies and previous inflation spikes.

Articles (9)

Compare how different news outlets are covering this story.

LeftCenterRight
PBS NewsHour
Chicago Tribune
USA TODAY
Fortune
Fox Business
Boston Herald
New York Sun
The Daily Wire
Daily Caller
Bessent weighs in on tariff price hikes at Walmart
Boston HeraldBoston Herald·1M·
Leans Right
This outlet slightly leans right.

No highlight available for this article.

Tariffs Will Likely Lead To Price Increases, Bessent Says
Daily CallerDaily Caller·1M·
Right
This outlet favors right-wing views.

No highlight available for this article.

FAQ

A list of follow-up questions readers often ask about this story.

History

A summary of how this story has evolved over the last 24 hours.

  • 1M
    New York Sun logo
    Boston Herald logo
    Chicago Tribune logo
    6 articles