U.S. Supreme Court to Decide on Trump Tariffs Amid Treasury Support

News Flash 2026-01-09 22:46

The U.S. Supreme Court is expected to rule on the legality of tariffs imposed by the Trump administration, a decision that could significantly impact presidential authority and the global economy. Treasury Secretary Scott Bessent, speaking at the Minnesota Economic Club, endorsed the tariffs, citing their role in boosting U.S. investment and job creation. Bessent indicated that the government is prepared for potential outcomes, including a Supreme Court decision against the tariffs. He noted that alternative measures are ready, allowing tariffs to be imposed under different legislative provisions, such as Section 301 and Section 122 of the 1974 Trade Act, and Section 232 of the 1962 Trade Expansion Act.

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