Politics - CBSNews.com
Guest
Offline
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 indicated they will not pass on tariff costs to consumers, whereas others, such as Walmart and Best Buy, have signaled potential price increases.
President Trump on Friday announced that the...
Continue reading...