Trump Admin to Keep Tariffs Despite Supreme Court Ruling

Treasury Secretary Scott Bessent asserts that the Trump administration will persist with tariff policies, even if the Supreme Court rules against President Trumps use of emergency powers for trade. Bessent cites the Trade Expansion Act of 1962 and the Trade Act of 1974 as legal avenues to maintain the current tariff structure. He confirms that these measures would be permanent, emphasizing the administrations commitment to its trade policies. Bessent also highlights the success of the tariff policy with China, citing increased efforts to halt fentanyl exports and confidence in Chinas commitment to purchase American farm products. This situation underscores the administrations determination to maintain its trade policies, regardless of the Supreme Courts decision. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.