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Bessent warns countries refusing to negotiate can expect increased tariffs
Treasury Secretary Scott Bessent said he’s prepared to set tariffs against countries that won’t negotiate with him. The ...
Secretary Bessent sends message on Walmart price increases due to tariffs
Consumers have been pinching pennies since skyrocketing inflation in 2022 took a toll on their wallets, and worries that ...
Wall Street futures, dollar ease in wake of credit blow
Wall Street share futures slipped with the dollar on Monday and Treasury yields rose as concerns about erratic U.S. economic ...
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Trump's tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges
Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs ...
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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 ...
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 treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not ...
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.