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Friday, February 20, 2026

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

 

Treasury Secretary Scott Bessent said that revenue collected from tariffs will be “virtually unchanged” in 2026, despite Friday’s Supreme Court ruling, as President Donald Trump uses alternate authorities to impose duties.

“This administration will invoke alternative legal authorities to replace the IEEPA tariffs,” Bessent said after the Supreme Court ruled that Trump couldn’t use his powers under the International Emergency Economic Powers Act to impose tariffs.

https://www.bloomberg.com/news/articles/2026-02-20/bessent-says-tariff-revenue-to-be-virtually-unchanged-in-2026

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