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.
The debate intensifies as experts warn that converting a Qatari 747 into Air Force One could create a costly conflict of interest for Trump. With Mike Pence weighing in, what does this mean for Trump's presidency?
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 bold move, President Trump announces that new tariffs are coming as trade negotiations with over 150 countries stall. What does this mean for global trade and the US economy? Find out now!
In a surprising diplomatic breakthrough, the U.S. and China have agreed to lower tariffs for 90 days, sending stocks soaring and reviving trade flows. This move could potentially stave off a recession and reinvigorate businesses. But will it last?
A significant breakthrough in U.S.-China trade talks has led to a stock market rally and a stronger dollar, but investors remain wary of potential long-term economic consequences.
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.
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?
President Trump refuses to lower the 145% tariffs on China, insisting it’s essential as trade talks approach. With tensions rising, will this strategy pay off or escalate the trade war?
The S&P 500 is set to break a two-day losing streak with US-China trade talks scheduled for this weekend. However, experts warn that a quick resolution to the ongoing tariff war is unlikely.