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US Treasury Secretary Bessent says cannot compromise on economic security

Newsquawk Staff ·

  • Treasury estimates show use of section 122, 232 and section 301 tariffs will result in virtually unchanged tariff revenue in 2026. 
  • Will be leveraging section 232 and section 301 tariff authorities that have been validated through thousands of legal challenges.

What it means

The remarks from Treasury Secretary Bessent underline a steadfast U.S. approach to economic security, signaling continued reliance on tariffs to safeguard domestic interests. Although the projected impact on tariff revenue remains steady, the emphasis on legal justifications suggests a robust framework for potential future tariffs, which could create volatility in the FX and commodity markets as market participants react to shifts in trade relations.

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