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96 new news items in the last 24 hours
  1. Home
  2. International

Treasury Secretary Scott Bessent expresses confidence in the validation of President Trump's tariff plan by the Supreme Court, but warns about possible refunds.

Raluca Ioana Draghici
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9 September 2025, 06:33
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Scott Bessent, the Treasury Secretary, stated that he is optimistic that President Trump's tariff plan will be upheld by the Supreme Court, but he emphasized the financial risks if the court decides otherwise. He mentioned that the cancellation of tariffs could force the government to return significant amounts, estimating between 750 billion and 1 trillion dollars, which would severely impact the Treasury. This situation would create a considerable gain for companies affected by the tariffs.

Sources

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Ziare.com
Secretarul Trezoreriei SUA anunță care vor fi consecințele dacă Curtea Supremă anulează tarifele lui Trump. "Ar fi un dezastru"
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Financial Intelligence
Secretarul Trezoreriei SUA avertizează asupra unor rambursări masive către companii, dacă Curtea Supremă anulează tarifele lui Trump
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News.ro
Secretarul Trezoreriei SUA avertizează asupra unor rambursări masive către companii, dacă Curtea Supremă anulează tarifele lui Trump

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NEWS ON THE SAME TOPICS

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International
The Trump administration refunded approximately 100 billion dollars from the canceled tariffs after the decision of the U.S. Supreme Court.
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International
The US government refunded 81 billion dollars in tariffs imposed by Donald Trump, declared illegal by the Supreme Court.
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Economy
The American customs authorities refunded 35.46 billion dollars for trade tariffs imposed by Trump, deemed illegal. Over 126,000 requests were received.
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International
The USA is preparing new customs duties. Over 50 countries are targeted.
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International
Treasury Secretary Scott Bessent announced the review of sanctions against Iran and urged allies to act against Iranian financial networks.
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The American Secretary of the Treasury announced that an agreement to reopen the Strait of Hormuz could be finalized by Wednesday.
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Scott Bessent USA Treasury customs tariffs companies

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