• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by June 1, 2025
written by June 1, 2025

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 comment
0
FacebookTwitterPinterestEmail

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

related articles

Iranian crowdfunding campaign claims to raise $40M as...

July 14, 2025

Trump gathers CEOs for unprecedented faith, economy meeting...

July 14, 2025

Biden chief of staff gave reportedly gave approval...

July 14, 2025

Trump says US will send Patriot missiles to...

July 14, 2025

Trump’s whirlwind week ahead to include meeting with...

July 14, 2025

Here’s how we take America First to the...

July 14, 2025

China is exploiting our government’s tech weakness. We...

July 14, 2025

Inside the FAA’s race to train air traffic...

July 14, 2025

Biden defends controversial autopen use for mass clemency...

July 14, 2025

DOJ brass vowed full transparency on Epstein before...

July 13, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


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!

Latest News

  • Trump AG pick Pam Bondi clears Judiciary Committee, will get confirmation vote in Senate

    January 29, 2025
  • Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

    January 27, 2025
  • ApeCoin and Akita Inu: ApeCoin returns to weekly open price

    August 15, 2024
  • High-profile Dems warned Biden against preemptive pardons before giving Fauci, Milley passes

    January 20, 2025
  • Trump to host thousands of admin officials for one of the largest events ever on White House lawn

    June 3, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,337)
  • Investing (634)
  • Stock (842)

Latest Posts

  • Possible gunfire breaks out at Trump rally in Pennsylvania

    July 14, 2024
  • An interest rate cut is coming. Here’s what to do with your money beforehand.

    August 10, 2024
  • Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia

    January 14, 2025

Recent Posts

  • US must weigh ‘military action against’ North Korean forces if invading Ukraine: House intel chair Turner

    October 24, 2024
  • Emhoff denies report he slapped ex-girlfriend outside ritzy overseas movie event

    October 3, 2024
  • Morning Glory: What if Israelis could vote in U.S. elections?

    September 24, 2024

Editor’s Pick

  • The ‘F-word’: Schumer says Trump’s first 100 days can be distilled to single utterance

    April 30, 2025
  • Biden Speech Causes Emotional Farewell Amid Convention Chaos

    August 20, 2024
  • Elon Musk may abandon OpenAI bid if nonprofit status stays, attorneys say

    February 14, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock