Trump has repeatedly claimed foreign nations will cover the tariffs, but Walmart has already started to raise prices in ...

Citing a conversation with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent said the retailer will absorb some of the tariffs’ impact, as it did during President Trump’s first term in ...

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 ...

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

Treasury Secretary Scott Bessent has issued a fresh warning to the U.S.’s biggest trading partners, global markets, and ...

In a busy weekend in Washington, a key House committee narrowly passed a budget while President Donald Trump prepared for ...

Stock futures were sinking after Moody's downgrading of U.S. debt, and while Treasury Secretary Scott Bessent downplayed the change , the move pushed up bond yields. That raised the pressure around ...

He did not say what would constitute "good faith" negotiations or clarify the timing to announce any decisions to return a country to the various rates Trump initially imposed on April 2 ...

President Donald Trump plans to reinstate higher tariffs on trading partners that fail to negotiate in good faith, according ...

Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising ...

In appearances on NBC’s Meet the Press and CNN’s State of the Union, Bessent said the administration is reviewing its 18 most ...

Walmart will absorb a portion of the costs associated with President Donald Trump's new round of tariffs, Treasury Secretary Scott Bessent said Sunday, following direct pressure from the president and ...