On Wednesday (May 7), US Treasury Secretary Scott Bessent was questioned by Congress on issues such as US economic policy and IMF reform on the same day.

At the hearing of the House Financial Services Committee, Becent said that the United States is seeking to expand its leadership in the International Monetary Fund (IMF) and the World Bank (WB). At the same time, he also elaborated on the Trump administration's priorities in the economic field and responded to lawmakers' issues regarding tariffs, tax cuts and global economic stability.

During the questioning on the day, Becent reiterated that the United States would strengthen its leadership in the IMF to ensure that the institution plays a greater role in global financial governance. He said the U.S. plans to promote the IMF to increase transparency, especially in exchange rate policy and debt management.

Becente also specifically mentioned that the IMF's special draw rights (SDR) should be more in line with the interests of the United States, rather than aiding large and financially strong countries. In his opinion, the current distribution of SDRs is inconsistent with the intended purpose and “and benefits those who may not need it.”

After Becente made his comments, lawmakers immediately turned their finger to the tariff issue.

“Who will pay the tariffs?” Rep. Mark Pocan, Democrat of Wisconsin, asked Becente. “I just want you to answer my question, who will pay the tariffs?” “It’s a complex question.” Becente said, “History will prove who will pay the tariffs for a long time to come.”

“It’s not complicated,” Perkan said. “The answer you don’t want to say is that consumers will pay for Trump’s tariffs.”

Becente said on the same day that the Trump administration is considering imposing tariff exemptions on car seats, cribs, strollers and other child care and baby products.

Later that day, Trump confirmed that he would consider the idea. "I'll consider it. But don't want too many exemptions to avoid confusion about tariff policies."

In a conversation with Rep. Ayanna Pressley, Democrat of Massachusetts, about whether to support these exemptions to help infants and ordinary American families, Becent also said, "Will consider it." Presley said bluntly, "Families in the United States are suffering," he said.

The Lobby Agency, the Youth Product Manufacturers Association (JPMA), wrote a letter to Trump in February asking for exemption of tariffs on baby products. The association said more than 70% of infant products purchased by Americans are produced in China, so Trump's tariffs will increase the burden on American families.

JPMA predicts that if Trump does not change his tariff policy, the price of baby products is expected to generally rise by about 30%. According to an April analysis by S&P Global, infant furniture faces an average of about 129% tariffs, toy tariffs are 113% and baby clothing import tariffs are 41%. In addition, in US supermarkets, some children's products have begun to rise: Nuna, for example, has raised the prices of its strollers and car seats by $100 and $50, respectively, and the UPPAbaby stroller prices will also rise from $899 to $1,200 earlier this month.