ThemusicalG

Treasury Secretary Scott Bessent said customized tariffs were paused on Wednesday afternoon due to President Donald Trump wanting to be "personally involved" in negotiations as dozens of nations contacted the White House to strike deals."We've had more than 75 countries contact us. And I imagine after today, there will be more. So it is just a processing problem. Each one of these solutions is going to be bespoke. It is […]

Walmart executives told investors Wednesday that their confidence hasn't been rocked by President Trump's escalating trade war, despite the levies impacting the retailer's significant trading partners."I want you to know how confident I remain in our company. I've seen us navigate times like the period after 9/11, the global financial crisis, the pandemic, and more recently, high inflation," Walmart CEO Doug McMillon told a room full of investors and journalists […]

Democrats lambasted President Donald Trump’s tariff actions on Wednesday, with one Virginia congressman telling U.S. Trade Representative Jamieson Greer he has the "awful job" of trying to defend them.Greer began his testimony before the House Ways and Means Committee by defending Trump’s actions and dispelling criticisms of the president’s tariff calculus.Greer said that it is wise to consider non-tariff trade barriers from allies like the European Union.He said the U.S. […]