Treasury Secretary Scott Bessent acknowledged that Walmart, the largest US retailer, may pass along some of the costs from ...

Treasury Secretary Scott Bessent acknowledged Walmart might pass tariff costs to consumers, despite Trump's warning. Bessent ...

Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb ...

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 ...

Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, ...

There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.

The Treasury Secretary pushed back against inflation concerns and praised the uncertainty caused by Trump as a negotiating ...

The Treasury secretary concedes that Walmart will shoulder higher costs because of new levies on foreign nations.

Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.

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 ...