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Scott Bessent admits Trump’s tariffs may mean Walmart shoppers pay more
Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest US retailer, may pass along some of the costs ...
Trump’s tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges
Treasury Secretary Scott Bessent described his call with the company’s chief executive a day after President Trump warned ...
Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not ...
PolitiFact27m
Gasoline prices haven’t “collapsed” under Donald Trump, despite what Scott Bessent said
When Trump was sworn in Jan. 20, the national average price of a gallon of regular gasoline was $3.11. After falling to $3.06 and rising to $3.24 in the subsequent weeks, a gallon on May 12 cost $3.12 ...
Bessent Cornered Into Admitting Impact of Trump Tariff War
The Treasury secretary concedes that Walmart will shoulder higher costs because of new levies on foreign nations.
Tariffs live updates: China iPhone exports to US plunge to 14-year low amid tariff tensions
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since ...
Bessent warns tariffs will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...
Treasury secretary says Walmart's warnings on price increases are a 'worst-case scenario'
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's ...
Scott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...