Bessent has warned that a delayed ruling "could result in a scenario in which $750 billion-$1 trillion in tariffs have already been collected."

KEY POINTS

Treasury Secretary Scott Bessent said he is “confident” Donald Trump’s tariff plan “will win” at the Supreme Court, but warned the U.S. would be forced to issue massive refunds if it loses.

National Economic Council Director Kevin Hassett noted that there are “other legal authorities” that the administration could use if the tariffs are blocked.

Before court action, Trump’s tariffs were set to affect nearly 70% of U.S. goods imports.

  • SabinStargem@lemmy.todayEnglish
    0·
    4 days ago

    If the Supreme Court sides with Trump, many companies will support the Union if America has a 2nd American Civil War. Let’s see the supposed wisdom of this court.