Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb "some of the tariffs."

President Trump publicly criticized Walmart, urging them to absorb tariff costs instead of raising prices for consumers. This rebuke followed Walmart CEO Doug McMillon's warning about impending price increases due to tariffs on goods primarily imported from China.

Walmart CEO Doug McMillon and Kieran Shanahan, the chief operating officer of Walmart U.S., believe in the importance of mentorship, financial literacy, and the need to be good at

Walmart warns of potential price hikes due to tariffs, despite strong Q1 results and e-commerce growth. The retailer remains optimistic about future sales.

Doug McMillon, Walmart’s CEO, knows the company from the ground up.  He began his career with the retail giant in 1984 and steadily climbed the ranks—from