Treasury Secretary Bessent warns of massive refunds if the Supreme Court voids Trump tariffs
CNBC·2025-09-08 03:32
US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025.Treasury Secretary Scott Bessent said Sunday that he is "confident" that President Donald Trump's tariff plan "will win" at the Supreme Court, but warned his agency would be forced to issue massive refunds if the high court rules against it.If the tariffs are struck down, he said, "we would have to give a refund on about half the t ...