-
Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case
With the Supreme Court about to hear a landmark case on President Donald Trump’s tariffs, Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat. The high court is set Wednesday to decide whether Trump exceeded his authority under the International Emergency Economic Powers Act to enact sweeping duties on U.S. trading partners. At stake is the leeway presidents have to wield over trade measures as a tool of economic policy. Bessent expressed confidence in a CNBC “Squawk Box” interview that the administration will prevail, but has additional outlets it can use in case the ... (full story)
- Comments / Top
- Subscribe
Trader#2FEA
Nov 4, 2025 1:09pm
Permalink
Fractality
Nov 4, 2025 12:47pm
Permalink
Trader#2614
Nov 4, 2025 10:46am
Permalink
-
Related Stories
For Lindsay Hagerman, the past few months have felt tumultuous. As the co-owner of the Pennsylvania-based RainCaper, which sells art-inspired travel accessories and gifts, Hagerman has found herself questioning her pricing strategy while watching tariffs on goods imported from China see-saw from 10% to 20% to 145% and then back down again. "Is it ...
President Donald Trump has worked fast in his second term, wielding unilateral power to reassert American dominance in the global economy. For a few hours Wednesday, the world will get clues as to whether any US institution is willing to rein him in. In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his ...