Treasury Secretary Scott Bessent on Wednesday said that if the Supreme Court strikes down a key portion of the Trump administration's tariff regime it would be a "loss for the American people."Bessent spoke at the New York Times DealBook Summit and spoke about the Supreme Court's hearings on the tariffs imposed by the president under the International Emergency Economic Powers Act (IEEPA). Federal courts struck down the IEEPA tariffs, prompting the administration to appeal to the Supreme Court.He said that he's "optimistic" about the administration getting a favorable outcome, though he warned...
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