• 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

Senate stalls on shutdown vote amid warning furloughed...

October 7, 2025

Senate Republicans confirm more than 100 Trump nominees...

October 7, 2025

Trump meets former Hamas hostage Edan Alexander on...

October 7, 2025

Government limps deeper into shutdown crisis with no...

October 7, 2025

Cruz clashes with Nigeria over his claims 50,000...

October 7, 2025

House committee withdraws James Comey subpoena for Jeffrey...

October 7, 2025

Biden didn’t want intel disseminated showing Ukrainian concerns...

October 7, 2025

Oct 7 anniversary: Netanyahu finds unlikely ally amid...

October 7, 2025

Trump slams Democrats for ‘shutting down’ government, demands...

October 7, 2025

Hawley rips Jack Smith’s ‘Biden’s Stasi’ probe, calls...

October 7, 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

  • Oil and natural gas: Oil slides to new low as stocks fall

    August 5, 2024
  • Asian stocks jittery over uncertain rate outlook: Hang Seng slips over 1%,

    January 8, 2025
  • NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery

    July 25, 2024
  • $36 trillion national debt inspires new ‘fiscal responsibility’ group led by Democrat

    March 4, 2025
  • Trump returns to Europe for the 1st time following election win for Notre Dame’s reopening

    December 6, 2024

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

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

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,285)
  • Investing (634)
  • Stock (936)

Latest Posts

  • White House pushes back on report claiming some canceled DOGE contracts won’t save taxpayers money

    February 25, 2025
  • Dogecoin and the Shiba Inu: Dogecoin is recovering 

    July 24, 2024
  • Trump White House demands apology after Jeffries calls for Dems to fight president’s agenda ‘in the streets’

    January 31, 2025

Recent Posts

  • RBC upgrades Lockheed Martin to ‘Outperform’ with $600 price target: Is it time to buy?

    August 5, 2024
  • U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

    January 8, 2025
  • Trump embraces Dem policies traditionally rejected by GOP in bid to build ‘party of common sense’

    May 16, 2025

Editor’s Pick

  • As Democrats regroup outside DC, GOP attorneys general adopt new playbook to defend Trump agenda

    February 11, 2025
  • Tlaib ally mourns assassination of top Hamas leader: ‘His martyrdom is not in vain’

    July 31, 2024
  • Epstein client list release could be imminent after Blackburn pushes transparency: ‘Let’s get them jailed’

    February 27, 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