Treasury secretary says Walmart's warnings on price increases are a 'worst-case scenario'

Treasury Secretary Scott Bessent downplayed inflation risks from Trump's tariffs, citing a conversation with Walmart's CEO and declining gas prices. He dismissed concerns about a debt downgrade and defended the administration's economic strategy, asserting that any uncertainty is a negotiating tactic. Bessent maintains that economic growth will outpace debt accumulation, despite skepticism from independent analyses.

from International-News-Economic Times https://ift.tt/GlezDN6
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