close
close

US finance minister says that Walmart will eat some of the tariffs after the demand from Trump | Trump -Zölle

The US retail giant Walmart will “eat some of the tariffs in Donald Trump's demands”, the President's finance minister, Scott Bessent, on Sunday and claimed that he received the assurance in a personal call with the company's managing director, Doug McMillon.

A spokesman for Walmart said that the company would not comment on discussions between its managers and administrative officials. However, a source familiar with the conversation said that the call between better and McMillon was arranged many days before Trump's post – and that the position of the company had not changed.

Walmart said that this week there was no alternative to increasing prices for consumers this month, since it could not include the cost of the president's tariffs for international trade that caused turbulence in international markets.

The explanation has caused an annoyed answer from Trump, who recorded a joke into his social network of truth on Saturday and said that the company should “eat the tariffs and do not charge any valued customers”.

According to Bessent, Walmart speaks to NBCS Meet the Press on Sunday and promises exactly that.

“Yesterday I was by phone with Doug McMillon, the CEO of Walmart.

“What they describe was Walmart's call for profit. The other what companies have to do – they have to give the worst scenario so that they are not sued.”

On Thursday, McMillon said that his company, a Bellwether of US consumer health, protects against the effects of Trump's tariffs, even though the president's government announced a break in his trade war with China that analysts called the “surrender day”.

“We will do our best to keep our prices as low as possible, but in view of the size of the tariffs, even at the reduced levels announced this week, we cannot put pressure on the reality of the tight retail margins,” he said.

John Rainey, Chief Financial Officer von Walmart, told CNBC that the company, who has thousands of shops in the USA, was wired for everyday low prices. But he said that the tariffs were “more than every retailer absorb” – and that consumers would see higher prices towards the end of May and “certainly much more in June”.

Trump announced plans for an unprecedented flood of tariffs against numerous countries on April 2, a date in which he described the “liberation day”.

Too long, he said, the United States had “looted, looted, raped and looted by nations nearby and far,” and he presented a list of countries and areas that would receive tariffs that ranged from numerous US allies and long -standing trading partners to sterile islands near Antarctic, which were only occupied by Penguins.

The strategy of the President, which he existed, would lead to negotiations and trade agreements with at least 150 countries, was ridiculed and incorrect and not processed. And it created chaos for six weeks with higher prices, crash of the stock markets and the slowdown of economic growth.

Since then, he has tried to return many of politics, including the announcement of this week, that the tariffs for China are reduced to 30% for a first 90-day period of a dominant supplier from Walmart and countless other US companies.

The White House called it a “total reset” in the trade relationships and pursued it on Friday that it would not negotiate with many countries, but would one -sidedly impose new tariff rates.

“[It is] It is not possible to meet the number of people who want to see us, ”Trump said to a meeting of business leaders in the United Arab Emirates during his tour of Gulf States.

“We have 150 countries that want to complete a deal, but they can't see that many countries.”

In a later appearance on Sunday, Bessent said that the United States was concentrating on its “18 most important trade relationships” and expected that the trade talks should be continued with a number of countries that lead to a number of regional deals.

Leave a Comment