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US Treasury Secretary Bessent says Plan B ready if Supreme Court overturns Trump tariffs

Bessent said he was preparing a legal brief for the US solicitor general, who will oversee the government’s appeal to the Supreme Court, that will underscore the urgency of addressing decades of trade imbalances and stopping the flow of deadly fentanyl into the United States

US Treasury Secretary Scott Bessent has said that the Trump administration has formulated a backup plan in case the Supreme Court does not uphold the president’s use of a 1977 emergency powers law to impose sweeping tariffs on most trading partners. He, however, expressed confidence that the top court would deliver an order in the government’s favour.

Bessent told Reuters he was preparing a legal brief for the US solicitor general, who will oversee the government’s appeal to the Supreme Court, that will underscore the urgency of addressing decades of trade imbalances and stopping the flow of deadly fentanyl into the United States.

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