Bessent: Unlikely Supreme Court will overrule tariffs, Trump's 'signature economic policy'

Core Viewpoint - Treasury Secretary Scott Bessent believes it is "very unlikely" that the Supreme Court will overturn President Trump's use of emergency powers to impose tariffs, with a decision expected soon [1][2]. Group 1: Supreme Court and Tariffs - The Supreme Court is anticipated to rule on Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs, with a decision potentially coming as early as this week [4]. - Bessent stated that the Supreme Court is unlikely to overrule a president's significant economic policy, referencing their previous decision not to overturn the Affordable Care Act [2]. Group 2: Trump's Tariff Announcement - President Trump announced plans to impose new tariffs on goods from Europe until a deal is reached for the "Complete and Total purchase of Greenland" [3]. - The specific statute Trump is invoking for these tariffs was not detailed, but it appears to align with the duties imposed under the IEEPA [3].