Bessent: Tariff exemptions for baby products ‘under consideration’

The Trump administration is weighing whether to exempt some products used by new parents, such as car seats, from tariffs levied on goods from China, Treasury Secretary Scott Bessent said on Wednesday. President Trump later said that while he would prefer to keep his tariff plans “simple,” with few exemptions, he would consider what Bessent suggested. Bessent’s comments came during May 7 testimony before the House Financial Services Committee, in response to questions posed by Rep. Ayanna Pressley (D-MA) about...