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Why this Trump official says SCOTUS ruling against tariffs would cause ‘economic pain and hardship’

DeFi Daily News by DeFi Daily News
November 6, 2025
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Why this Trump official says SCOTUS ruling against tariffs would cause ‘economic pain and hardship’
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US Treasury Department counselor to Secretary Scott Bessent, Joseph LaVorgna, joins Yahoo Finance Senior Reporter Jennifer Schonberger to discuss the Trump administration’s defense of tariffs in the ongoing Supreme Court case, the historic government shutdown, the state of the US economy, and more.
Key video moments:
0:00 LaVorgna discusses the SCOTUS case about Trump’s tariff program
6:07 Government shutdown factors and impacts
8:22 Addressing Bessent’s claims that some parts of the economy are in recession
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.
For more Market Catalysts videos, please visit https://finance.yahoo.com/videos/series/market-catalysts/
#youtube #stocks #tariffs #investing

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: BondsbusinessCurrenciesEconomicEquitiesFXhardshipInvestingInvestmentMarketMarketsMoneyNewsNYSEofficialPainPersonal FinancePoliticsrulingSavingsscotusStock marketstockstariffsTrumpYahoo FinanceYahoo FInance Premium
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