Bessent Signals Trump Tariffs May Outlive Supreme Court Challenge

(MENAFN- The Rio Times) Key Points

• Supreme Court review may not end Trump-era tariffs, officials say.
  
• Scott Bessent frames tariffs as tools to rebalance trade and fight fentanyl.
  
• Long-running tariffs are changing prices, business plans and alliances worldwide.
  

The Supreme Court is weighing whether Donald Trump's sweeping import tariffs breach limits on emergency powers. Scott Bessent is already signalling that even a courtroom defeat will not melt them away.

Trump's team used the International Emergency Economic Powers Act, or IEEPA, after declaring a fentanyl-related national emergency. That move allowed a 10 percent base tariff on almost all imports, plus extra surcharges.

Lower courts have pushed back, saying Congress, not the president, should control tariffs, and the justices must now decide whether a drug crisis can justify such broad taxes on trade.



Bessent told the New York Times's DealBook Summit that if the Court closes the IEEPA route,“we can recreate exactly the same tariff structure” using other laws.

Section 122 allows quick, short-term tariffs. Section 301 enables duties after“unfair trade” investigations, as used against China in 2017. And Section 232 permits national-security tariffs, which already cover steel, aluminium, and some cars.

If those tools proved too slow, Trump allies could still ask Congress for a new, explicit tariff mandate. Extra duties now hit trade worth trillions of dollars, forcing many smaller firms to raise prices.

Many conservative policymakers argue that short-term pain is a necessary price to restore industrial capacity and stronger borders. Ending the duty-free“de minimis” rule for low-value parcels has dragged millions of cheap online orders into the tariff net.

Allies such as the United Kingdom warn of damage to exporters, while Beijing has retaliated and tightened controls on chemicals used to make fentanyl. Civil-liberties and trade-law groups see the IEEPA strategy as a dangerous stretch of emergency powers.

Bessent counters that tariffs are a temporary“melting ice cube” to rebuild domestic industry and says losing in court would be a defeat for ordinary Americans. For voters and investors, the issue is less whether tariffs survive than who sets America's trade rules next.

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