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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 ...
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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 ...
Trump Berates Companies for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
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.
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Walmart blames price increases on Trump, president demands company ‘eat the tariffs’
Trump has repeatedly claimed foreign nations will cover the tariffs, but Walmart has already started to raise prices in ...
Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not make trade deals with the US during the 90-day pause. “President Trump has ...
Bessent warns tariffs will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...
Treasury secretary says Walmart's warnings on price increases are a 'worst-case scenario'
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's ...
Scott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...