IBOV 192,114.55 ▲ 2.63% IPSA 10,916.57 ▲ 0.08% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,767,663 ▲ 0.32% COLCAP 2,515.02 ▼ 0.59% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL5.22▲ 0.17% USD/MXN18.14▼ 0.10% USD/CLP989.60— 0.00% USD/COP3,254▼ 0.27% USD/PEN3.45▲ 0.28% USD/ARS1,524▼ 0.04% USD/UYU40.46▲ 3.63% USD/PYG5,821▲ 3.10% USD/BOB11.93▲ 1.99% USD/DOP59.90▲ 0.84% USD/CRC456.38▲ 2.99% USD/GTQ7.64▲ 3.13% USD/HNL26.86▲ 3.18% USD/NIO36.62— 0.00% USD/VES864.39▼ 0.68% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▲ 1.65% EUR/BRL5.88▲ 0.02% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 192,114.55 ▲ 2.63% IPSA 10,916.57 ▲ 0.08% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,767,663 ▲ 0.32% COLCAP 2,515.02 ▼ 0.59% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, October 5, 2026

Bessent Signals Trump Tariffs May Outlive Supreme Court Challenge

By · December 9, 2025 · 2 min read

Key Points

  • Supreme Court review may not end Trump-era tariffs, officials say.
  • Scott Bessent frames tariffs as tools to rebalance trade and fight fentanyl.
  • Long-running tariffs are changing prices, business plans and alliances worldwide.

The Supreme Court is weighing whether Donald Trump’s sweeping import tariffs breach limits on emergency powers. Scott Bessent is already signalling that even a courtroom defeat will not melt them away.

Trump’s team used the International Emergency Economic Powers Act, or IEEPA, after declaring a fentanyl-related national emergency. That move allowed a 10 percent base tariff on almost all imports, plus extra surcharges.

Lower courts have pushed back, saying Congress, not the president, should control tariffs, and the justices must now decide whether a drug crisis can justify such broad taxes on trade.

Bessent Signals Trump Tariffs May Outlive Supreme Court Challenge.
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Bessent told the New York Times’s DealBook Summit that if the Court closes the IEEPA route, “we can recreate exactly the same tariff structure” using other laws.

Section 122 allows quick, short-term tariffs. Section 301 enables duties after “unfair trade” investigations, as used against China in 2017. And Section 232 permits national-security tariffs, which already cover steel, aluminium, and some cars.

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If those tools proved too slow, Trump allies could still ask Congress for a new, explicit tariff mandate. Extra duties now hit trade worth trillions of dollars, forcing many smaller firms to raise prices.

Many conservative policymakers argue that short-term pain is a necessary price to restore industrial capacity and stronger borders. Ending the duty-free “de minimis” rule for low-value parcels has dragged millions of cheap online orders into the tariff net.

Allies such as the United Kingdom warn of damage to exporters, while Beijing has retaliated and tightened controls on chemicals used to make fentanyl. Civil-liberties and trade-law groups see the IEEPA strategy as a dangerous stretch of emergency powers.

Bessent counters that tariffs are a temporary “melting ice cube” to rebuild domestic industry and says losing in court would be a defeat for ordinary Americans. For voters and investors, the issue is less whether tariffs survive than who sets America’s trade rules next.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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