News

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.
Independent Journal Review3h
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 ...
Bessent warns of maximum tariffs, takes tough line on trade talks
The treasury secretary says levy rates will jump to the high levels set on “liberation day” if countries do not negotiate in ...
Tariffs live updates: Bessent says Walmart price hikes 'worst-case scenario,' Trump urges Walmart to 'eat the tariffs'
President Trump on Thursday claimed India has offered to drop tariffs on US goods as part of a potential trade deal. Speaking ...
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 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 ...
Tariffs live updates: Trump urges Walmart to 'eat the tariffs' and wants Fed to cut rates 'sooner than later'
President Donald Trump, fresh off a trip to the Middle East, renewed his criticism of Federal Reserve Chairman Jerome Powell ...
Bessent warns tariff will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Secretary Scott Bessent on Sunday warned that the reciprocal tariffs on trading partners could go back to the rate ...