Treasury Secretary Scott Bessent warned the Supreme Court that upholding lower court rulings against President Donald Trump’s tariffs could force the U.S. to refund billions, urging the justices to consider the sweeping economic consequences.
The government filed a petition last week urging the high court to act quickly. The Supreme Court announced Tuesday it will hear arguments in November.
The petition challenges a ruling by the U.S. Court of Appeals for the Federal Circuit on Aug. 29 that struck down Trump’s tariffs. The appeals court upheld a ruling by the U.S. Court of International Trade that the International Emergency Economic Powers Act does not grant the president unlimited authority to impose tariffs.
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