Scott Bessent Dismisses EU Tariff Threats, Highlights Trump’s Emergency Powers
Scott Bessent downplayed European Union threats to block a U.S. tariff deal, asserting Europe lacks the strength to protect key regions. The deal remains unfinalized, with President TRUMP leveraging emergency powers to enforce terms. "First of all, the trade deal hasn’t been finalized, and an emergency action can be very different from another trade deal," Bessent stated on Meet the Press.
Trump’s 10% tariff on goods from eight European countries, escalating to 25% in June without a Greenland-linked agreement, drew sharp criticism from French President Emmanuel Macron. Bessent dismissed concerns over EU retaliation, emphasizing the unlikelihood of Supreme Court intervention. "I believe the Supreme Court does not want to create chaos," he said, referencing prior rulings on presidential authority.
