Treasury Secretary Scott Bessent: "The Court did not rule against President Trump's tariffs."

[00:00:00] I I would also like to take a moment to [00:00:03] address today's Supreme Court ruling and [00:00:05] I would note that I did not change a [00:00:07] single word in my speech the post the [00:00:10] ruling. President Trump will always put [00:00:13] our national security and Americans [00:00:14] first and as I have said before the [00:00:17] president has multiple tools in his [00:00:19] toolbox. Let's be clear about what [00:00:22] today's ruling was and what it wasn't. [00:00:25] Despite the misplaced gloating from [00:00:27] Democrats, [00:00:29] ill-informed media outlets, and the very [00:00:32] people who gutted our industrial base, [00:00:34] the court did not rule against President [00:00:37] Trump's tariffs. Six justices simply [00:00:41] ruled that IEPA authorities cannot be [00:00:45] used to raise even $1 of revenue. This [00:00:49] administration will invoke alternative [00:00:51] legal authorities to replace the AIPA [00:00:54] tariffs. We will be leveraging section [00:00:57] 232 and section 301 tariff authorities [00:01:00] that have been validated through [00:01:02] thousands of legal challenges. [00:01:05] Treasury's estimates show that the use [00:01:08] of section 122 authority combined with [00:01:11] potentially enhanced section 232 and [00:01:14] section 301 tariffs will result in [00:01:17] virtually unchanged tariff revenue in [00:01:20] 2026. [00:01:22] And