Bessent says Walmart will absorb 'some tariffs'
Digest more
President Donald Trump will impose tariffs at the rate he threatened last month on trading partners that do not negotiate in "good faith" on deals, Treasury Secretary Scott Bessent said in television interviews on Sunday.
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug
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
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.
Treasury Secretary Scott Bessent suggested critics of President Donald Trump's tariff plan should be open to cutting taxes, calling them “deflationary.”
2don MSN
Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate slapped on them on “Liberation Day” last month if they
Treasury Secretary Scott Bessent downplayed concerns over the US’s government debt and the inflationary impact of tariffs on companies including Walmart Inc., saying the Trump administration is determined to lower federal spending and grow the economy.
Treasury Secretary Scott Bessent admitted that some of the cost of Trump's tariffs "may get passed on to consumers."