News

Bessent weighs in tariff price hikes at Walmart
Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the ...
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
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 tariff levels announced on April 2.
Bessent sees tariff agreement as progress in ‘strategic' decoupling with China
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the ...
Independent Journal Review1h
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 ...
Scott Bessent Hails China Progress on Fentanyl
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
Bessent Says More U.S.-China Trade Meetings Likely in ‘Next Few Weeks’
Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the ...
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 ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told ...