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Bessent says Walmart will absorb 'some tariffs'

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 "some of the tariffs."

USA TODAY on MSN · 19h

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 charge valued customers ANYTHING."

NBC News on MSN · 1d

Treasury Sec. Bessent: Walmart will ‘eat some of the tariffs’ after announcing price hikes

After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that consumers would see higher prices as a result of the trade war.

Scott Bessent, tariffs

NBC News · 1d

Treasury Sec. Bessent says countries who don’t negotiate could see tariffs rise: Full interview

In an interview with Meet the Press, Treasury Secretary Scott Bessent says that countries who don’t negotiate trade deals with the U.S. “in good faith” should expect to face the tariff rates set originally on "Liberation Day" by President Trump.

FXStreet · 12h

US Treasury Sec. Bessent warns of tariffs rates to ‘reciprocal’ level if no trade deal

US Treasury Secretary Scott Bessent told CNN News on Sunday, President Donald “Trump has put them on notice that if you do not negotiate in good faith, you will ratchet back up to your April 2 level.” He added: “There are incoming deals with 18 "important" trading partners,” but didn't indicate a timeline for these trade agreements.

Business Insider on MSN · 21h

Scott Bessent says Trump will raise tariffs again on any nation that doesn't negotiate in 'good faith'

Treasury Secretary Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back to the April 2nd level."

Bessent Dismisses Moody’s Downgrade

MarketWatch on MSN · 18h

Bessent warns some steep ‘liberation day’ tariffs may return, dismisses Moody’s downgrade

U.S. Treasury Secretary Scott Bessent warned Sunday that some of America’s trading partners could soon face a sharp hike in tariff rates, and dismissed Moody’s downgrade of the U.S. government’s credit rating.

New York Post on MSN · 18h

Treasury Sec. Bessent dismisses Moody’s US downgrade as Trump tax-cut debate continues

Treasury Secretary Scott Bessent on Sunday dismissed Moody’s downgrade of the US sovereign credit rating, saying President Trump’s administration would ensure US economic growth

Barron's on MSN · 23h

Bessent Dismisses Moody’s Downgrade as ‘Lagging’ Indicator

Treasury Secretary Scott Bessent played down worries about Friday’s U.S. credit downgrade by Moody’s Ratings, telling NBC News ratings are a “lagging indicator” and blaming federal spending during the previous administration.

May 18 — Mike Pence, Sec. Scott Bessent and Sen. Chris Murphy

Former Vice President Mike Pence shares his views on the second Trump administration. Treasury Secretary Scott Bessent ...

Tampa Free Press on MSN17h

Treasury Secretary Scott Bessent: Tariffs Will Likely Lead To Price Increases

Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers ...

13don MSN

Scott Bessent tells tariff-bashing Wall Street bigwigs to ‘never bet against America’ — despite growing fears

Bessent, 63, gave a full-throated defense of the commander-in-chief’s America First agenda, predicting that Trump’s trade, ...

12don MSN

Treasury Sec Tells Kids: Thank Trump for Not Getting Your Dolls

Treasury Secretary Scott Bessent had a message for young girls who may get fewer dolls this holiday season due to Trump’s ...

The New Republic on MSN11dOpinion

Trump Treasury Sec. Says Kids Need to Suck it up for Greater Good

Treasury Secretary Scott Bessent has a message for a hypothetical little girl worried that she won’t have more than two dolls ...

11d

Treasury Sec Scott Bessent: US Should Be The 'Premier Destination For Digital Assets'

U.S. Treasury Sec. Bessent advocates for American leadership in digital assets and Congress progresses towards solid crypto ...

Slingshot News on MSN6d

'Bad Actors': Treasury Sec. Scott Bessent Rages Against Chinese Officials In Press Conference

U.S. Treasury Secretary Scott Bessent raged against Chinese officials during a press conference this morning pertaining to ...

US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation

US Treasury Secretary Scott Bessent said on Tuesday that “talks in Geneva with China resulted in a mechanism to avoid ...

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