News

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, ...
Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said ...
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 ...
Walmart may pass along price increases due to tariffs, Trump team acknowledges
The Treasury Secretary pushed back against inflation concerns and praised the uncertainty caused by Trump as a negotiating ...
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 ...
Gold rises as soft dollar, Trump's tariff threats spur safe-haven demand
Gold prices climbed on Monday as a softer dollar and renewed trade concerns, following U.S. Treasury Secretary Scott ...
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 ...
CNN Anchor Trounces Co-Host Scott Jennings Over Tariffs: 'Backing Down Is Not Leverage'
President Donald Trump painted the reversal regarding U.S. tariffs against China as victory, which Abby Phillip wouldn't let ...