Bessent says Treasury will recover tariff income using Section 301 authority that has survived over 5,000 lawsuits.
“using the three o ones, which have survived more than 5,000 suits, that we will get that tariff income back.”
Bessent says Democratic attorneys general sought to return tariff money to corporations, calling it corporate welfare.
“Democratic attorney generals who filed a ridiculous lawsuit against this administration wanted the money to go back to the payer of record, So that is corporate welfare.”
Bessent says Section 301 tariffs, which survived over 5,000 lawsuits, will restore the tariff income to government.
“But the using the three o ones, which have survived more than 5,000 suits, that we will get that tariff income back.”