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