Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug McMillon announced on a Thursday earnings call that the ...

Kentucky Republican Sen. Rand Paul says President Trump's concern with trade deficits is an "economic fallacy" that doesn't correspond to real-world wealth, during an interview on ABC's "This Week." ...

Treasury Secretary Scott Bessent admitted that some of the cost of Trump's tariffs "may get passed on to consumers." ...

Don't raise prices due to my tariffs but do eat the costs from those taxesBy JOSH BOAK Associated PressWASHINGTON (AP) — ...

Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that ...

President Donald Trump said Walmart Inc. should stop trying to blame tariffs as the reason for raising its prices, as the company warned it would this week. “Walmart should STOP trying to ...

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 ...

Results from retailers including Target, Home Depot and Lowe’s arrive as investors have become less worried that U.S. President Donald Trump’s tariffs will send the economy into a recession, ...

Walmart does not appear prepared to ‘eat the tariffs,’ as Trump has insisted.

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