institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Readers Respond: Trump’s Economy Makes No Sense

  • Treasury Secretary Scott Bessent spoke with Walmart CEO Doug McMillon on Saturday after President Trump warned Walmart via social media not to raise prices from new tariffs.
  • The call followed Trump’s Saturday morning post criticizing Walmart for blaming tariffs amid early-stage 90-day trade negotiations and a recent tariff reset on China.
  • Bessent acknowledged Walmart, the largest U.S. Retailer, will absorb some tariff costs but some increases likely passed to consumers, with prices rising since late April.
  • Gasoline prices averaged roughly $3.18 a gallon, down year-over-year but up during the past week, and Bessent said the gas price decline mattered most to Walmart customers.
  • The tariffs and resulting uncertainty serve as negotiating tactics in trade talks, but doubts persist about Trump’s economic leadership and the $3.3 trillion deficit increase from his tax plan.
Insights by Ground AI
Does this summary seem wrong?

98 Articles

All
Left
19
Center
41
Right
14
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 55% of the sources are Center
55% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Daily Wire broke the news in Nashville, United States on Sunday, May 18, 2025.
Sources are mostly out of (0)