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.
98 Articles
98 Articles
'Be very careful': MAGA senator's ominous warning to America's biggest retailer
Sen. Bill Hagerty (R-TN) echoed President Donald Trump's recent attacks on Walmart during an interview with CNBC's Andrew Ross Sorkin on Monday, warning the mega-retailer to keep the president happy and not pass on the costs of tariff increases to consumers."If Walmart decides that they have to rais...
A dangerous new lie is being peddled by Trump's toadies
Trump and his billionaire toadies like Howard Lutnik and Scott Bessent are peddling a dangerous lie to working-class Americans. They’re strutting around claiming their tariffs will bring back “good paying jobs” with “great benefits,” while actively undermining the very thing that made manufacturing ...


Scott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.” Trump announced a sweeping tariff plan early last month, placing a blanket 10% tariff on imports into the United…
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