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Fortune
Fortune
Jason Ma

Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers

(Credit: Andrew Caballero-Reynolds—AFP/Getty Images)

Treasury Secretary Scott Bessent made his case for President Donald Trump’s global tariffs just days before the Supreme Court takes up a case challenging the White House’s use of emergency powers.

Lower courts have already ruled that Trump can’t use the International Emergency Economic Powers Act (IEEPA) to impose his so-called reciprocal tariffs and duties tied to the fentanyl trade. 

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