Bessent Cornered Into Admitting Impact of Trump Tariff War

Scott Bessent got himself into a tangle by admitting businesses are feeling the impacts of Donald Trump’s trade war. “Walmart is, in fact, going to, as you describe it, eat some of the tariffs,” the Treasury secretary said during a sitdown with NBC’s Meet the Press, acknowledging that the supermarket giant is facing higher costs as a result of Trump‘s new economic measures. The Treasury Secretary had previously insisted that consumers would not face higher prices as a result of Trump‘s new measu