Scott Bessent: “Treasury's estimates show that the use of Section 122…”

“This administration will invoke alternative legal authorities to replace the IEPA tariffs. We will be leveraging section 232 and section 301 tariff authorities that have been validated through thousands of legal challenges. Treasury's estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs will result in virtually unchanged tariff revenue in 2026. and with.” (01:05–01:22)

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