Bessent defends tariff policy as retailers weigh price hikes: “Some are and some aren’t”

Treasury Secretary Scott Bessent on Sunday defended the Trump administration’s escalating tariff policies, saying that while some companies have already announced price hikes, he thinks others will  choose not to. “Some are and some aren’t,” Bessent said on “Face the Nation with Margaret Brennan.” He pointed to companies like Home Depot and Amazon who have

Bessent Says Trump, Xi May Speak ‘Very Soon’ About Trade Agreement

‘We will see what the consequences are’ after a call, Bessent said. U.S. Treasury Secretary Scott Bessent says that President Donald Trump and Chinese Communist Party leader Xi Jinping may soon have a call regarding the Chinese regime’s tariff agreement violations that Trump revealed on May 30. “We will see what the consequences are,” Bessent

Full transcript of “Face the Nation with Margaret Brennan,” June 1, 2025

On this “Face the Nation with Margaret Brennan” broadcast, moderated by Ed O’Keefe:  Treasury Secretary Scott Bessent  Sen. Rand Paul, Republican of Kentucky  Rep. Raja Krishnamoorthi, Democrat of Illinois  Michael Roth, Wesleyan University president FDA commissioner Dr. Marty Makary  Click here to browse full transcripts from 2025 of “Face the Nation with Margaret Brennan.”   

6/1: Face the Nation

6/1: Face the Nation – CBS News Watch CBS News This week on “Face the Nation with Margaret Brennan,” as turmoil continues over tariffs, Margaret Brennan speaks to Treasury Secretary Scott Bessent. Plus, Sen. Rand Paul joins to discuss President Trump’s Big Beautiful Bill. View CBS News In Be the first to know Get browser