Kentucky Republican Sen. Rand Paul says President Trump's concern with trade deficits is an "economic fallacy" that doesn't correspond to real-world wealth, during an interview on ABC's "This Week." ...

Treasury Secretary Scott Bessent admitted that some of the cost of Trump's tariffs "may get passed on to consumers." ...

Don't raise prices due to my tariffs but do eat the costs from those taxesBy JOSH BOAK Associated PressWASHINGTON (AP) — ...

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not ...

Results from retailers including Target, Home Depot and Lowe’s arrive as investors have become less worried that U.S. President Donald Trump’s tariffs will send the economy into a recession, ...

Walmart does not appear prepared to ‘eat the tariffs,’ as Trump has insisted.

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.

Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that he spoke to the head of Walmart and the retailer's warnings of price ...

Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the ...

The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.