Treasury Secretary Bessent to Attend Tariffs Argument at Supreme Court

5Mind. The Meme Platform

U.S. Treasury Secretary Scott Bessent said on Nov. 3 that he plans to attend this week’s Supreme Court oral arguments about President Donald Trump’s reciprocal tariffs.

Bessent was referring to the high court’s upcoming Nov. 5 hearing in two consolidated cases known as Learning Resources Inc. v. Trump and Trump v. V.O.S. Selections Inc. On Sept. 9, the court agreed to expedite review of lower court rulings that struck down most of the president’s global tariffs.

The levies being challenged are reciprocal tariffs imposed on imports from other countries to match the tariffs and other trade barriers that they already impose on U.S. exports.

“I’m actually going to go and sit, hopefully in the front row and listen, and have a ringside seat,” Bessent said during an interview on Fox News’ “Jesse Watters Primetime” show.

“This is a matter of national security,” the secretary said.

Bessent’s comments came after Trump said on Nov. 2 that he no longer plans to attend the oral arguments.

Trump told reporters he didn’t “want to call a lot of attention” to himself.

“It’s not about me, it’s about our country,” the president said.

Although sitting presidents don’t normally attend Supreme Court arguments, Trump had said on Oct. 15 that he would be in the audience for the argument of “one of the most important cases ever brought.”

If the tariffs are struck down, “it’ll be a disaster for America,” he said at the time.

Bessent told Watters that the United States has had “big trade deficits” for years, and “we were at the tipping point.”

“Fortunately, President Trump came in. He put on the tariffs. He is rebalancing global trade in favor of the U.S., and he has prevented an economic crisis.”

“I am there to emphasize that this is an economic emergency. National security is economic security; economic security is national security. As a treasury secretary of the United States, I’m in charge of maintaining both.”

On Nov. 2, Trump posted on Truth Social about what effect the Supreme Court’s eventual ruling in the tariffs case might have on the country.

“It will be, in my opinion, one of the most important and consequential Decisions ever made by the United States Supreme Court,” he wrote.

“If we win, we will be the Richest, Most Secure Country anywhere in the world, BY FAR. If we lose, our Country could be reduced to almost Third World status—Pray to God that that doesn’t happen!”

The president has made tariffs the centerpiece of his foreign policy in his second administration, saying they may be used to encourage manufacturing to return to the United States. He has also said that the tariffs may help correct what he considers unfair trade practices by countries that export goods to the United States, as well as to curb the illegal flow of fentanyl into the country.

Although lower courts found that Trump lacks authority under the federal International Emergency Economic Powers Act to impose the country-specific tariffs that he unveiled earlier this year, enforcement of their rulings was put on hold, and the tariffs remain in effect for the time being.

In the case of Learning Resources, an Illinois-based maker of educational toys, a federal district court on May 29 granted a preliminary injunction blocking the tariffs.

That court held that the International Emergency Economic Powers Act that Trump cited in issuing the tariffs does not allow the president “to unilaterally impose, revoke, pause, reinstate, and adjust tariffs to reorder the global economy.” The tariffs present “an existential threat” to the company’s business, the court also determined.

In the case of V.O.S. Selections, a New York-based importer of alcoholic beverages, a divided U.S. Court of Appeals for the Federal Circuit held that the bulk of Trump’s reciprocal tariffs were unlawful and that the president exceeded his lawful authority when enacting them.

The U.S. Court of International Trade previously held that the president improperly used his emergency powers to enact the tariffs. The Federal Circuit Court majority similarly found that the president went beyond his authority when he invoked the International Emergency Economic Powers Act.

By Matthew Vadum

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Rob Reiner’s Death Proves Trump Right, Again

“I believe Donald Trump will be the last president...

British Medical Journal Decries Racist Western Opposition to Female Genital Mutilation

In its “Journal of Medical Ethics” the British Medical Journal endorsed the tradition of female genital mutilation among certain North African cultures.

The Sacred Responsibility

From the beginning of time the female of every kind holds the sacred responsibility of continuing existence itself.

Vaxx Producers Would Go Bankrupt Without Legal Immunity, Concedes Former CDC Director

Rochelle Walensky justified in a Boston Globe "Fireside Chat" vaccine makers’ special legal protections that leave Americans no recourse for injuries paid.

What’s Really Behind the US’ Ambitious Tech Plans for Armenia?

Two US think tank experts argued in a WaPo article that deeper American engagement with Armenia could help more effectively contain Russia.

Dan Bongino to Resign as FBI Deputy Director

Federal Bureau of Investigation (FBI) Deputy Director Dan Bongino has resigned less than a year into the job.

Appeals Court Allows Trump’s National Guard Deployment in DC, for Now

A federal appeals court on Dec. 17 let President Trump keep using DC National Guard troops in the capital during an appeal.

64,000 Jobs Added in November, While Unemployment Rises to 4.6 Percent

Employers added 64,000 jobs last month after shedding 105,000 positions in October, according to delayed data from the Bureau of Labor Statistics (BLS).

CDC Stops Recommending Hepatitis B Vaccine for All Newborns

The Centers for Disease Control and Prevention no longer recommends that all newborns receive a dose of the hepatitis B vaccine soon after birth.

Trump Highlights Measures to Drive Down Costs in Prime-Time Address

President Trump told the nation his administration is prioritizing the American economy and reducing the cost of living during address from the White House on Dec. 17.

Trump Defends Susie Wiles After Vanity Fair Article

President Trump defended his Chief of Staff Susie Wiles, who Vanity Fair reported as saying the president has an “alcoholic personality” in an interview.

Trump Says He Is Pardoning Former Colorado County Clerk Tina Peters

Trump is pardoning Tina Peters, a former Colorado county clerk convicted of election machine tampering in the aftermath of the disputed 2020 election.

Trade Chief Jamieson Greer Indicates Progress on US–India Trade Deal

U.S. Trade Representative Jamieson Greer hinted that the United States and India are making progress on a deal.
spot_img

Related Articles