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Not actually, however on wooden pulp used for TP? Implicitly, SecTreas Bessent is suggesting that if the IEEPA tariffs are struck down by the Supreme Courtroom.
“We will recreate the precise tariff construction with 301s, with 232s, with the—I feel they’re known as 122s,” he stated, referring to a few separate statutory authorities governing commerce actions.
Nicely, I don’t assume market entry arguments (Sec 301) are going to work for wooden pulp. Fairly certain wooden pulp imports usually are not a foundation for a stability of funds drawback (Sec 122) — not that we have a stability of funds drawback so far as I can inform. So Sec 232 it’s! Wooden pulp joins lavatory vanities as a nationwide safety commerce problem.
Possibilities of a Supreme Courtroom resolution towards the IEEPA tariffs? 77% as of 1pm CT.
Supply: Kalshi, entry 12/4/2025, 1pm CT.
Polymarket has the corresponding probabilty at 72%.
See Wolff/PIIE for extra.
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