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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, ...
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.
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 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 ...
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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 ...
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 ...
Trump to carry out tariff threats if nations don't negotiate in 'good faith,' Bessent says
President Donald Trump will impose tariffs at the rate he threatened last month on trading partners that do not negotiate in ...
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.