Morning Business Report: Trump pressures Walmart on tariffs, U.S. credit downgraded, and new Alzheimer’s test approved
President Donald Trump is urging Walmart to absorb the cost of tariffs rather than pass those expenses on to consumers.
(LILAMAX)- President Donald Trump is urging Walmart to absorb the cost of tariffs rather than pass those expenses on to consumers. The call comes after Walmart CEO Doug McMillon said last week that prices could rise due to the latest tariffs imposed by the Trump administration. Several major brands, including Adidas and McDonald’s, have echoed concerns that the tariffs could…