US Treasury Secretary Scott Bessant said combining tariffs under Sections 122, 232 and 301 will have “almost no impact on tariff revenue in 2026” and may offset losses from IEEPA tariffs. US Treasury Secretary Scott Bessant said combining tariffs under Sections 122, 232 and 301 will have “almost no impact on tariff revenue in 2026” and may offset losses from IEEPA tariffs.