Amid India-US trade deal talks, Trump admin’s fresh warning to world: ‘Old tariffs may return’

The latest statements by Bessent indicate that the Donald Trump administration is looking at alternative ways to impose tariffs on its trading partners since the US Supreme Court has ruled reciprocal tariffs as illegal. The latest statements by Bessent indicate that the Donald Trump administration is looking at alternative ways to impose tariffs on its trading partners since the US Supreme Court has ruled reciprocal tariffs as illegal.