Treasury Secretary Scott Bessent said Wednesday that President Donald Trump’s newly announced 15% global tariff will take effect this week, as the administration moves to restore duties after a Supreme Court ruling struck down a key part of the president’s trade agenda.

Speaking on CNBC’s morning show “Squawk Box,” Bessent said the administration expects tariff rates to return to earlier levels within months.

“It’s my strong belief that the tariff rates will be back to their old rate within five months,” Bessent told CNBC on Wednesday morning.

The comments come after the Supreme Court invalidated Trump’s sweeping “reciprocal” tariffs, forcing the White House to pivot to a different legal authority to maintain the levies.

Hours after the ruling, Trump signed an executive order imposing a 10% global tariff under a separate statute.

The following day, the president said he would raise that new tariff rate to 15%, saying the increase would be “effective immediately.”

Michael Negron, a senior fellow for economic opportunity at the Center for American Progress and a former special assistant to the president for economic policy, warned the new tariff policy will inject further uncertainty into the economy.

“The tariff roller coaster under President Donald Trump will continue, as businesses and consumers face uncertainty about how much more in tariffs they can expect to pay through the rest of the year,” Negron told The Post, noting that the new tariffs are set to expire 150 days after implementation.

“This uncertainty will act as another drag on the economy, and we already know that 2025 was the worst year for job creation outside of a recession year since 2003.”

Negron also argued the tariffs are likely to raise prices for households, since import duties are ultimately paid domestically.

“Tariffs are a tax that American businesses and consumers pay to import goods from overseas,” he said, adding that the average family has already paid more than $1,700 in tariffs between February 2025 and January 2026.

Economists estimate the new 15% tariff could cost the typical household an additional $600 to $800 over the next 150 days, he said.

“The so-called experts predicted inflation, recession, and economic catastrophe due to President Trump’s tariffs,” White House spokesperson Kush Desai told The Post.

“Americans have instead seen inflation cool, economic growth accelerate, and trillions in investments pour into American manufacturing – on top of new deals to cut prescription drug prices and end unfair foreign trade practices. Americans continue to reap the benefits of President Trump’s powerful use of tariffs.”