Bessent: Trump administration has backup plan if Supreme Court rules unfavorably on tariffs

Sep 2, 2025 - 17:00
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Bessent: Trump administration has backup plan if Supreme Court rules unfavorably on tariffs
Treasury Secretary Scott Bessent said Monday that the Trump administration has a wide array of backup plans to impose tariffs on foreign trading partners if the Supreme Court strikes down the rates set under the International Emergency Economic Powers Act (IEEPA). “I’m confident the Supreme Court will … uphold the president’s authority to use IEEPA,”…