Bessent Says Trump’s Tariff Rates Could Be Restored by July (1)

President Donald Trump’s tariffs may be restored by July to the levels in place before the Supreme Court struck down many of his levies, Treasury Secretary Scott Bessent said.

“We had a setback at the Supreme Court in terms of the tariff policy, but we will be implementing or conducting Section 301 studies, so the tariffs could be back in place at the previous level by beginning of July,” Bessent said Tuesday at a Wall Street Journal event in Washington.

The Treasury secretary said because the Section 301 tariff authority has already been tested in the courts, business leaders ...