Walmart CEO McMillon Meets Trump at Mar-a-Lago

Walmart CEO Doug McMillon met with President-elect Donald Trump at Mar-a-Lago to discuss various issues, including U.S. investments and trade relations, just weeks before Trump's inauguration on January 20. The meeting is part of a series of discussions Trump is having with business leaders, including CEOs from Amazon, Meta, and Pfizer. Walmart, as the largest retailer in the U.S., expressed readiness to support the administration, although McMillon has previously raised concerns about the potential impact of Trump's proposed tariffs on inflation and pricing. These tariffs could impose a 10% to 20% universal tariff on imports and a 60% to 100% tariff on Chinese goods, which may lead to increased prices for consumers. McMillon, who has worked with Trump in the past, emphasized the need for strategic management of tariffs to minimize their impact on customers. The details of their conversation remain undisclosed, but it highlights Walmart's significant role in the American economy with over 1.6 million employees.