{"id":121749,"date":"2026-02-20T17:45:00","date_gmt":"2026-02-20T22:45:00","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/scott-bessent-says-supreme-court-strengthened-trump-with-draconian-move-despite-ruling-on-tariffs-121749"},"modified":"2026-02-20T17:45:00","modified_gmt":"2026-02-20T22:45:00","slug":"scott-bessent-says-supreme-court-strengthened-trump-with-draconian-move-despite-ruling-on-tariffs","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/scott-bessent-says-supreme-court-strengthened-trump-with-draconian-move-despite-ruling-on-tariffs-121749","title":{"rendered":"Scott Bessent says Supreme Court strengthened Trump with \u2018draconian\u2019 move despite ruling on tariffs"},"content":{"rendered":"<div>\n<p>Treasury Secretary <a href=\"https:\/\/www.foxnews.com\/category\/person\/scott-bessent\" target=\"_blank\" rel=\"noopener\">Scott Bessent<\/a> stressed &#8220;nothing has changed&#8221; for national security and revenue after the <a href=\"https:\/\/www.foxnews.com\/media\/bessent-warns-gigantic-loss-supreme-court-strips-trumps-emergency-tariff-powers\" target=\"_blank\" rel=\"noopener\">Supreme Court ruled against<\/a> the Trump administration\u2019s global tariffs.<\/p>\n<p>&#8220;In terms of the direction of travel, national security, how we will get there with these deals, revenue, nothing has changed,&#8221; Bessent told &#8220;The Will Cain Show.&#8221; &#8220;But what has changed, the Supreme Court has taken away the president&#8217;s leverage.&#8221;<\/p>\n<p>The Supreme Court delivered a blow to President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a>\u2019s economic agenda Friday, <a href=\"https:\/\/www.foxnews.com\/politics\/trump-gives-grudging-praise-liberal-trio-who-helped-sink-his-tariffs\" target=\"_blank\" rel=\"noopener\">ruling 6-3 against<\/a> his international tariff policy \u2013 a tactic that has been used liberally by the administration to assert leverage on countries.<\/p>\n<p>However, Bessent said one aspect of the ruling could strengthen Trump\u2019s leverage and that within days, the president could reinstate tariffs through a particular authority.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/tariffs-suck-some-republicans-privately-celebrate-supreme-court-blocks-trump-policy\" target=\"_blank\" rel=\"noopener\"><strong>\u2018TARIFFS SUCK\u2019: SOME REPUBLICANS PRIVATELY CELEBRATE AS SUPREME COURT BLOCKS TRUMP POLICY<\/strong><\/a><\/p>\n<p>&#8220;In<strong> <\/strong>a way, they have made the leverage that he has more draconian because they agreed he does have the right to a full embargo,&#8221; the secretary said.<\/p>\n<p>&#8220;Within<strong> <\/strong>three days, the President can put on the <a href=\"https:\/\/www.foxnews.com\/category\/world\/global-economy\/trade\" target=\"_blank\" rel=\"noopener\">Section 122 10% global tariff<\/a>. So, at Treasury for the full year 2026, we foresee the no decrease in revenue,&#8221; he continued.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/category\/us\/education\/administration\" target=\"_blank\" rel=\"noopener\">Trump called the Supreme Court\u2019s ruling<\/a> &#8220;deeply disappointing&#8221; and said he is &#8220;ashamed&#8221; of the six justices for not being courageous enough to do the right thing for Americans.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/supreme-court-decision-donald-trump-tariff-powers\" target=\"_blank\" rel=\"noopener\"><strong>SUPREME COURT RULES ON TRUMP TARIFFS IN MAJOR TEST OF EXECUTIVE BRANCH POWERS<\/strong><\/a><\/p>\n<p>Bessent echoed a similar sentiment.<\/p>\n<p>&#8220;Today was a loss for the American people, because by taking away <a href=\"https:\/\/www.foxnews.com\/category\/us\/environment\/regulation\" target=\"_blank\" rel=\"noopener\">President Trump&#8217;s instantaneous leverage<\/a> using the IEPA authority, the American people have suffered a significant setback,&#8221; he said.<\/p>\n<p>&#8220;This could be a mess, and this could take months, this could take years to litigate and to get to the payouts,&#8221; he added.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trumps-tariff-revenues-hit-record-highs-supreme-court-deals-major-blow\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP&#8217;S TARIFF REVENUES HIT RECORD HIGHS AS SUPREME COURT DEALS MAJOR BLOW<\/strong><\/a><\/p>\n<p>Bessent said the administration can institute tariffs through different mechanisms, as well as leverage Trump\u2019s capabilities to impose a full embargo.<\/p>\n<p>&#8220;If<strong> <\/strong>he wants to negotiate with these countries, he does have the right to say, \u2018I can embargo all your products.\u2019 We just can&#8217;t collect $1 from the embargo,&#8221; the secretary explained.<\/p>\n<p>When asked by Fox News host Will Cain whether peace deals are under threat following the tariff blow, Bessent predicted they are not.<\/p>\n<p>&#8220;I think that everyone is going to honor their deal,&#8221; he said. &#8220;And there is the draconian alternative that the Supreme Court reaffirmed that the president has. He has a right to a complete embargo, like he can just cut countries off. Or he can cut whole product lines off.&#8221;<\/p>\n<p>Bessent pledged that <a href=\"https:\/\/www.foxnews.com\/category\/politics\/executive\/economic-policy\" target=\"_blank\" rel=\"noopener\">tariffs will return<\/a> to the same level.<\/p>\n<p>&#8220;We will get back to the same tariff level for the countries. It will just be in a less direct and slightly more convoluted manner,&#8221; he said.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/scott-bessent-says-supreme-court-strengthened-trump-draconian-move-despite-ruling-tariffs\">Source &#8211; https:\/\/www.foxnews.com\/media\/scott-bessent-says-supreme-court-strengthened-trump-draconian-move-despite-ruling-tariffs <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Scott Bessent stressed &#8220;nothing has changed&#8221; for national security and revenue after the Supreme Court ruled against the Trump administration\u2019s global tariffs. &#8220;In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-121749","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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