Welt Hok
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Welt Hok
No Result
View All Result
Home Latest News

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

admin by admin
June 1, 2025
in Latest News
0
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
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

Next Post
Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

  • Trending
  • Comments
  • Latest
Trade Surplus: Key Insights and Impacts on Currency

Trade Surplus: Key Insights and Impacts on Currency

August 30, 2024
Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

January 3, 2025
House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

January 9, 2025
Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

January 5, 2025
Byron Allen puts broadcast TV stations up for sale

Byron Allen puts broadcast TV stations up for sale

0
Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

0
Biden nearly died of an aneurysm. Risky surgery changed his life.

Biden nearly died of an aneurysm. Risky surgery changed his life.

0
Stellar and Bitcoin Cash: Stellar still in a bearish trend

Stellar and Bitcoin Cash: Stellar still in a bearish trend

0
Byron Allen puts broadcast TV stations up for sale

Byron Allen puts broadcast TV stations up for sale

June 3, 2025
FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

June 3, 2025
Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

June 3, 2025
LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk

LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk

June 3, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    Trade Surplus: Key Insights and Impacts on Currency

    Trade Surplus: Key Insights and Impacts on Currency

    August 30, 2024
    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    January 3, 2025
    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    January 9, 2025
    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    January 5, 2025
    Byron Allen puts broadcast TV stations up for sale

    Byron Allen puts broadcast TV stations up for sale

    0
    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    0
    Biden nearly died of an aneurysm. Risky surgery changed his life.

    Biden nearly died of an aneurysm. Risky surgery changed his life.

    0
    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    0
    Byron Allen puts broadcast TV stations up for sale

    Byron Allen puts broadcast TV stations up for sale

    June 3, 2025
    FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    June 3, 2025
    Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

    Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

    June 3, 2025
    LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk

    LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk

    June 3, 2025

    Top News

    Byron Allen puts broadcast TV stations up for sale

    Byron Allen puts broadcast TV stations up for sale

    June 3, 2025
    FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    June 3, 2025

    Latest News

    • Byron Allen puts broadcast TV stations up for sale
    • FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries
    • Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

    About Welthok

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 welthok.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 welthok.com | All Rights Reserved