Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

by June 1, 2025
June 1, 2025
Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

White House Economic Council Director Kevin Hassett says he remains ‘very, very confident’ that courts will support President Donald Trump’s tariff agenda.

Hassett made the statement during a Sunday morning appearance on ABC’s ‘This Week,’ telling host George Stephanopoulos that the White House still expects ‘Plan A’ to work out.

‘And so we’re very thrilled. We are very confident that the judges would uphold this law. And so I think that that’s Plan A, and we’re very, very confident that Plan A is all we’re ever going to need,’ Hassett said.

‘But if, for some reason, some judge were to say that it’s not a national emergency when more Americans die from fentanyl than have ever died in all American wars combined, that’s not an emergency that the president has authority over – if that ludicrous statement is made by a judge somewhere, then we’ll have other alternatives that we can pursue as well to make sure that we make American trade fair again,’ he added.

Hassett’s appearance comes after a federal court struck down Trump’s tariffs in a ruling last week, only for an appeals court to issue a temporary stay protecting the tariffs during litigation.

The appeals court ruling paused a decision by the U.S. Court of International Trade (CIT), thus allowing Trump to continue to enact the 10% baseline tariff and the so-called ‘reciprocal tariffs’ that he announced April 2 under the International Emergency Economic Powers Act, or IEEPA. 

The CIT had ruled unanimously to block the tariffs the day before.

Members of the three-judge panel who were appointed by Trump, former President Barack Obama and former President Ronald Reagan, ruled unanimously that Trump had overstepped his authority under IEEPA.

They noted that, as commander in chief, Trump does not have ‘unbounded authority’ to impose tariffs under the emergency law.

For now, the burden of proof shifts to the government, which must convince the court it will suffer ‘irreparable harm’ if the injunction remains in place, a high legal standard the Trump administration must meet.

Fox News’ Breanne Deppisch contributed to this report

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Senate Republicans eye changes to Trump’s megabill after House win
next post
Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

You may also like

Mike Johnson re-elected House speaker as GOP mutiny...

January 3, 2025

Elon Musk dunks on Sen Chuck Schumer, declaring...

February 4, 2025

Trump reacts to Trudeau resignation: ‘Many people in...

January 6, 2025

Authentic presidential leadership: Americans know it when they...

September 15, 2024

Senate Republican campaign committee ‘grills’ Chuck Schumer on...

May 28, 2025

China officially ‘doesn’t care’ about Trump win; unofficially,...

November 6, 2024

Trump tangles with reporter on Iran preemptive strike:...

December 16, 2024

How Trump, AG Bondi can persuade Democrats to...

January 30, 2025

Top 5 moments from Pete Hegseth’s Senate confirmation...

January 14, 2025

Iran remembers Hamas leader Yahya Sinwar as a...

October 18, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • OpenAI tops 3 million paying business users, launches new features for workplace

      June 5, 2025
    • ‘Death and hunger’: Videos, expert analysis and witnesses point to Israeli gunfire in Gaza aid site shooting

      June 5, 2025
    • Argentina’s president denies new intelligence plan could enable surveillance of journalists and politicians

      June 5, 2025
    • US vetoes UN Security Council resolution demanding Gaza ceasefire

      June 5, 2025
    • Elon Musk warpath against Trump’s ‘big, beautiful bill’ rattles House GOP

      June 4, 2025
    • Durbin obstruction threat chills Senate as Trump nominees hang in balance

      June 4, 2025

    Categories

    • Business (660)
    • Investing (661)
    • Politics (4,360)
    • World News (2,937)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved