scott bessent walmart tariffs

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Trump, Walmart and treasury secretary

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 from President Donald Trump’s tariffs to its shoppers through higher prices.

USA TODAY on MSN · 15h

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."

The Independent on MSN · 16h

Trump Treasury secretary admits Americans will pay ‘some’ tariff price hikes

The Trump administration’s war with Walmart continued on Sunday, as Treasury Secretary Scott Bessent admitted in an interview that Americans would be paying higher prices at the big-box retailer and other stores across the country.

Scott Bessent, tariff rate

Newsweek on MSN · 16h

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.

The Daily Beast · 15h

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.

The Hill on MSN · 19h

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 slapped on them on “Liberation Day” last month if they

8hon MSN

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 ...

20hon MSN

Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US

There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He ...

49m

Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made

Treasury Secretary Scott Bessent said on Sunday, that tariff rates will go back to "reciprocal" levels if trade deals aren't made during the 90-day pause. “President Trump has put them on notice that ...

Independent Journal Review13h

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 ...

18hon MSN

Bessent on added costs from tariffs: ‘Some may get passed on to consumers’

Treasury Secretary Scott Bessent responds to Walmart’s CEO saying prices will rise for Americans because of Trump’s tariffs.

11h

Prices are probably going up at Walmart. Watch for Target and other retailers to detail the tariff impact this week.

Trump tells Walmart to ‘eat’ higher costs brought on by his trade approach as terms like ‘tariffs,’ ‘uncertainty’ and ...

GOBankingRates on MSN21h

I’m an Economist: This Is Why Trump’s Tariffs Change So Often and What That Means for Your Money

It may seem like just about every day there's news from President Donald Trump's administration about tariffs and deals.

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