Thursday, November 06, 2025

US_ Treasury Secretary Optimistic After Supreme Court’s Tariffs Hearing

THE EPOCH TIMES

Treasury Secretary Optimistic After Supreme Court’s Tariffs Hearing

Bessent said he is confident the high court will reverse a ruling that declared Trump’s global duties illegal.


Treasury Secretary Scott Bessent outside the West Wing of the White House on Nov. 5, 2025. Saul Loeb/AFP

Kimberly Hayek
11/5/2025|Updated: 11/6/2025


U.S. Treasury Secretary Scott Bessent said that he is optimistic the Supreme Court will reverse a lower court ruling that found President Donald Trump’s tariffs illegal.

Supreme Court justices heard more than two-and-a-half hours of oral arguments on the case on Nov. 5, with justices assessing whether a 1977 law meant for use during national emergencies gave Trump the power to impose tariffs or whether the president had intruded on the powers of Congress.

Solicitor General D. John Sauer argued in favor of Trump’s tariffs. Attorney Neal Katyal argued against the tariffs on behalf of companies that brought lawsuits to strike them down.

Oregon Solicitor General Benjamin Gutman also argued against the tariffs on behalf of Oregon and other states that brought suit in the case.

During an appearance on Fox Business Network’s “Kudlow” program after the Supreme Court had wrapped up for the day, Bessent said he believed plaintiffs had “almost embarrassed themselves” while challenging Trump’s use of a 1977 law to defend tariffs.

“The solicitor general presented a strong case for the president’s use of the IEEPA, the emergency tariff powers that President Trump has used to balance trade, to negotiate with the Chinese on fentanyl, to secure rare earth magnets, to get the Indians to stop buying Russian oil,” Bessent
said. “The solicitor general made a fantastic case that the purpose of the tariffs is to rebalance global trade.”

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READ MORE: https://www.theepochtimes.com/us/treasury-secretary-optimistic-after-supreme-courts-tariffs-hearing-5940878?ea_src=frontpage&ea_med=section-2

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