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