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Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
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Why This Matters
Treasury Secretary Bessent believes the Trump administration can maintain tariffs even if they lose a Supreme Court decision, citing sections of the 1962 Trade Act that grant the president significant authority over import duties.
Market Impact
Market impact analysis based on bullish sentiment with 72% confidence.
Sentiment
Bullish
AI Confidence
72%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The Treasury secretary cited several sections of 1962 Trade Act that give the president sweeping powers over import duties.
Original article published by
CNBC
on December 3, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.