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 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.”
Bessent expresses confidence that Section 301 tariffs will return tariff income to 2024 levels or higher.
“with the section three zero one tariffs, I am confident that we will be back to a, the same level, if not higher, of tariff income for last year,”