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Bessent Says Tariff Revenue to Be ‘Virtually Unchanged’ in 2026

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February 23, 2026

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Treasury Secretary Scott Bessent said any refunds from tariffs struck down by the Supreme Court would amount to “ultimate corporate welfare,” suggesting he sees no benefit flowing to American consumers.

The most consequential rebuke of President Donald Trump’s second term isn’t going to stop him from wielding tariffs or disrupting the global economy.

Trump railed against the court's landmark 6-3 decision Friday, imposing a new 10% global levy instead and vowing to use other powers to maintain his signature tariff policies.

Treasury Secretary Scott Bessent said any refunds from tariffs struck down by the Supreme Court would amount to “ultimate corporate welfare,” suggesting he sees no benefit flowing to American consumers.

#politics #trump #worldnews #us #tariffs

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Bessent Says Tariff Revenue to Be ‘Virtually Unchanged’ in 2026 · Bloomberg News · Sentinel