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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.
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Tariffs Will Likely Lead To Price Increases, Bessent Says
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug ...
Tariffs live updates: Trump urges Walmart to 'eat the tariffs' and wants Fed to cut rates 'sooner than later'
President Donald Trump, fresh off a trip to the Middle East, renewed his criticism of Federal Reserve Chairman Jerome Powell ...
US threatens maximum tariffs as it takes tougher line on trade talks
Treasury secretary Scott Bessent says rates will jump to the high levels set on ‘liberation day’ if countries do not ...
Scott Bessent says tariff uncertainty is a tactic — otherwise countries ‘would play us in the negotiations’
"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.
Trump administration eyes regional tariffs as global deal deadline looms
The United States may impose regional tariffs rather than issue blanket ones as a deadline approaches for racing a global ...
Bessent warns tariff will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Secretary Scott Bessent on Sunday warned that the reciprocal tariffs on trading partners could go back to the rate ...