Trump reissuing tariffs under different legal authorities
Administration using multiple tariff provisions (Sections 122, 232, 301)
Foreign trading partners committed to maintaining trade deals
No commitment on refunds for tariffs struck down by SCOTUS
📖 Full Retelling
U.S. Treasury Secretary Scott Bessent announced in Washington on Sunday, February 22, 2026, that the government's tariff revenue projections for 2026 remain unchanged despite the Supreme Court striking down certain tariffs, as President Trump reissues them under different legal authorities to address trade imbalances and reshore American factories. Bessent explained that the Supreme Court's ruling was narrowly tailored to block tariffs issued under the International Economic Emergency Powers Act, but the administration possesses alternative tariff authorities to achieve its objectives. The Treasury Secretary made these remarks during an appearance on CNN's 'State of the Union' program, emphasizing the administration's determination to correct trade disparities through various legal mechanisms. Trump has already announced a 15% global tariff issued under section 122 of the Trade Act of 1974, which provides authority for 150 days before requiring congressional renewal. Bessent indicated that this 'five-month bridge' allows the administration to conduct investigations necessary to impose more permanent tariffs under longer-lasting authorities like Section 232 of the Trade Expansion Act of 1962, which addresses national security threats, and Section 301 of the Trade Act, which targets unfair foreign trade practices, particularly those from China.
🏷️ Themes
Trade Policy, Legal Authority, Economic Impact, International Relations
American businessman and government official (born 1962)
Scott Kenneth Homer Bessent ( BESS-ənt; born August 21, 1962) is an American businessman and government official serving since 2025 as the 79th United States secretary of the treasury. Bessent was a partner at Soros Fund Management (SFM) and founded Key Square Group, a global macro investment firm. ...
Economic conflict using tariffs or other trade barriers
# Trade War
A **trade war** is an economic conflict typically resulting from extreme protectionism. It occurs when sovereign states implement or escalate tariffs and other trade barriers against one another as a component of their commercial policies. These actions are generally retaliatory, functi...
The Treasury says tariff revenue projections remain unchanged after the Supreme Court struck down certain tariffs, indicating the administration will continue to pursue trade measures that could affect U.S. revenue and trade relations.
Context & Background
Supreme Court ruled against tariffs issued under International Economic Emergency Powers Act
Treasury will use other authorities such as Section 122, 232, and 301 to maintain tariffs
Revenue projections for 2026 remain unchanged
What Happens Next
The administration will investigate tariffs under Section 232 and 301, likely leading to higher duties, and may rely on a five-month bridge to renew tariffs before Congress acts. The Treasury will monitor court remand outcomes and continue to engage foreign partners.
Frequently Asked Questions
Will the Treasury refund companies that paid tariffs under the struck-down authority?
The Treasury has not committed to refunds and will follow court guidance.
How long will the current tariffs remain in effect?
The 15 percent global tariff under Section 122 is valid for 150 days, after which it must be renewed by Congress.
Original Source
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