President Donald Trump speaks alongside Secretary of Commerce Howard Lutnick, center, and US Trade Representative Jamieson Greer at the White House on February 20.
The president’s defiance brings great political risks for him and his party, and new uncertainties for an uneven economy. It is also already opening a new lane for Democratic attacks.
But he’s still convinced tariffs will unlock booming prosperity, even if a likelier outcome is a heavier affordability burden on millions of American voters.
“What the Supreme Court said is that the president cannot use the IEEPA, the Emergency Economic Powers Act, to do this,” Treasury Secretary Scott Bessent told CNN’s Dana Bash on Sunday. “The president does have other authorities.”
Bessent said on “State of the Union” that Trump will shore up his tariffs by using other laws as a five-month “bridge” to a more permanent regime.