Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs ...

During an interview on NBC’s "Meet the Press," moderator Kristen Welker asked Treasury Secretary Scott Bessent about the possibility of retailers such as Walmart raising prices ...

Treasury Secretary Scott Bessent said Walmart will absorb some of President Trump’s tariffs, but warned that consumers could ...

Donald Trump's return to the White House has triggered global economic turmoil through aggressive tariffs and trade ...

On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since ...

The busiest container hub in the US, the Port of Los Angeles, saw shipments drop by as much as 30% in early May, as President ...

The Russian leader’s summary of the phone call didn’t sound nearly as optimistic as Trump’s when it comes to next steps in ...