US treasury secretary says Walmart will 'eat some of the tariffs' after Trump demand

The US retail giant Walmart will "eat some of the tariffs" in line with Donald Trump's demands, the president's treasury secretary Scott Bessent insisted on Sunday, claiming he received the assurance in a personal phone call with the company's chief executive, Doug McMillon. A spokesperson for Walmart said the company would not comment on conversations between its executives and administration officials. However, a source familiar with the conversation said the phone call between Bessent and McMillon was arranged many days prior to Trump's post - and that the company's position had not changed. Walmart said this week it had no…