Bessent bets on Supreme Court upholding Trump tariffs but keeps backup plan ready - report

1 week ago 1
President Trump Meets With His Cabinet At The White House

Chip Somodevilla/Getty Images News

U.S. Treasury Secretary Scott Bessent expressed confidence that the Supreme Court would affirm the president’s authority under the 1977 International Emergency Economic Powers Act (IEEPA) to uphold tariffs despite a recent federal appeals court ruling that found most of these tariffs unlawful. However, he pointed

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