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Bessent says Walmart will absorb 'some tariffs' after speaking with retailer's CEO
Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb ...
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, ...
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 make trade deals with the US during the 90-day pause. “President Trump has ...
Bessent calls Walmart CEO after Trump lashes out over price hikes
Mr Trump had blasted the company for hiking prices over his tariffs and urged it to “eat” the costs. Read more at ...
Bessent Warns Reciprocal Tariffs Will Return Without 'Good Faith' Talks
The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the ...
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.
Happening in Washington: House Republicans advance budget, Trump speaks with Ukraine and Russia, and more
In a busy weekend in Washington, a key House committee narrowly passed a budget while President Donald Trump prepared for ...
Trump to carry out tariff threats if nations don't negotiate in 'good faith,' Bessent says
President Donald Trump will impose tariffs at the rate he threatened last month on trading partners that do not negotiate in ...
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 ...