• 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

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

US diplomatic facility in Iraq struck by drone

March 13, 2026

171 million travelers face airport delays as Democrats’...

March 13, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

FDA launches new AI-powered system to track drug...

March 13, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 13, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 13, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 13, 2026

US destroys 16 Iranian mine boats as Strait...

March 13, 2026

House GOP urges Trump to choke off Iran...

March 13, 2026
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

  • Nvidia stock in the red today: what to expect at GTC

    March 13, 2026
  • Fed keeps rates unchanged: what it means for mortgages, credit cards and loans

    January 29, 2026
  • Elon Musk’s politics are hurting Tesla, 85% say in investor survey

    March 13, 2025
  • Rand Paul endorses Trump 3 months after Election Day, admits ‘I was wrong’

    February 20, 2025
  • Tulsi Gabbard changes tune on controversial intelligence tool following GOP lobbying

    January 10, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 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

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,315)
  • Stock (981)

Latest Posts

  • Longtime Trump loyalist flips on GOP’s ‘big, beautiful bill’

    June 5, 2025
  • Trump calls on House Republicans to vote to release Epstein files: ‘We have nothing to hide’

    November 17, 2025
  • Michelle Obama celebrates Barack as ‘coolest guy’ on his birthday after the pair joked about divorce rumors

    August 5, 2025

Recent Posts

  • On 9/11 anniversary Afghan opposition leader warns country once again a ‘safe haven for terrorists’

    September 11, 2024
  • Obama allies, advisers helped lead the charge among Dems looking to sink Biden ahead of official announcement

    July 21, 2024
  • GOP lawmaker unveils bill to ensure fathers shoulder 50% of pregnancy expenses

    December 9, 2025

Editor’s Pick

  • Turkish tourists flock to Greece amid skyrocketing inflation at home

    July 22, 2024
  • Long CUBE: CubeSmart Set to Report Earnings August 1st, Breakout Signals Targeting $50

    July 30, 2024
  • EURUSD and GBPUSD: New week, new targets and prices

    October 7, 2024
  • 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