Feb 20 β€’ 21:19 UTC πŸ‡³πŸ‡΄ Norway NRK

US Treasury Secretary: The Court Has Removed Trump's Influence

US Treasury Secretary Scott Bessent states that the Supreme Court has eliminated Trump's influence concerning illegal tariffs in an interview with Fox News.

In a recent interview with Fox News, US Treasury Secretary Scott Bessent commented on a significant ruling from the Supreme Court that he believes effectively removes former President Donald Trump's influence over economic policies regarding tariffs. The Supreme Court declared that the punitive tariffs imposed during Trump's administration were illegal, which marks a key shift in the legal landscape surrounding tariff enforcement in the United States.

Bessent highlighted the importance of this ruling, stating that it sends a strong message to countries that have entered into trade agreements with the United States. By urging nations to respect the agreements they have made, Bessent aims to foster a more predictable and stable international trade environment following the uncertainties caused by the previous administration's trade policies.

The ruling not only reinforces the role of the judiciary in checking executive power, particularly in economic matters, but also potentially sets a precedent for future trade and tariff-related cases. Analysts suggest that this could pave the way for a more cooperative and multilateral approach in international trade negotiations, as countries may feel more secure in their investments and agreements with the United States moving forward.

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