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
International
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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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