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Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.
A $400 million Boeing 747-8 jet gifted by Qatar to be transferred to Trump's presidential library sparks debate over political implications and potential emoluments issues.
In a recent interview, Treasury Secretary Scott Bessent downplayed inflation fears linked to Trump’s tariffs, emphasizing Walmart’s ability to absorb costs. He praised strategic uncertainty in trade negotiations while addressing concerns over rising consumer prices.
In a surprising turn of events, the US and China have reached a significant trade deal after two days of intense negotiations in Geneva. Treasury Secretary Scott Bessent announced 'substantial progress' and hinted at a possible resolution to the ongoing trade war. This agreement comes as both nations aim to stabilize their economic relationship and address the massive trade deficit.
In a major development, US officials announced substantial progress in trade negotiations with China, hinting at a deal that could reshape the global economy and resolve ongoing tariff issues.
Donald Trump proclaimed a 'total reset' in US-China trade relations following fruitful talks in Geneva. With tariffs reaching alarming heights, both nations seek a way forward. Can they avert a global economic downturn?
In a significant move, US and Chinese officials have commenced trade talks in Geneva, aiming to address the escalating trade war sparked by recent tariffs. With financial markets on edge, can they find common ground?
Chinese Vice Premier He Lipeng meets U.S. Treasury Secretary Scott Bessent in Geneva to initiate trade discussions amid rising tariffs and economic tensions. Can this meeting pave the way for a resolution?
In a surprising move, President Trump hinted at reducing tariffs on China to 80%. While this is a drop from the current 145%, is it enough to satisfy investors? Key trade talks in Switzerland are set to unfold this weekend.
