Trump's Emergency Tariffs at Risk: 'Gigantic Loss' Predicted by Treasury Secretary Bessent

Treasury Secretary Scott Bessent warned that a Supreme Court ruling against President Donald Trump's use of emergency tariff powers would be a 'gigantic loss' for Americans. The policy plays a crucial role in defending US industries from unfair trade practices. A decision to strip Trump of these powers could have severe consequences, including increased imports and economic losses. Bessent highlighted the importance of the policy in safeguarding American businesses and workers.