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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."
Trump tariffs live updates: EU offers fresh trade deal to US with lobster part of package
To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as reported by the FT. That pact, which expires in July, helped
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
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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
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, calling them “deflationary.” Trump announced a sweeping tariff plan early last month,
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.
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