Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

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

admin by admin
June 1, 2025
in Economy News
0
Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

XRP Price Prediction: Price Hovering Around $2.16 – Is XRP Building the Strength Needed to Break $3?

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
Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

May 9, 2025
Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

May 10, 2025
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
OpenAI tops 3 million paying business users, launches new features for workplace

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

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
OpenAI tops 3 million paying business users, launches new features for workplace

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

June 5, 2025
Russian Central Bank Wants to Let Corporations Buy Foreign Stablecoins

Russian Central Bank Wants to Let Corporations Buy Foreign Stablecoins

June 5, 2025
Bitcoin Price Prediction: BTC Eyes Breakout on Trump ETF and Global Demand

Bitcoin Price Prediction: BTC Eyes Breakout on Trump ETF and Global Demand

June 5, 2025
Top 9 Nickel-producing Countries

Top 9 Nickel-producing Countries

June 4, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

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

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

    June 5, 2025
    Russian Central Bank Wants to Let Corporations Buy Foreign Stablecoins

    Russian Central Bank Wants to Let Corporations Buy Foreign Stablecoins

    June 5, 2025
    Bitcoin Price Prediction: BTC Eyes Breakout on Trump ETF and Global Demand

    Bitcoin Price Prediction: BTC Eyes Breakout on Trump ETF and Global Demand

    June 5, 2025
    Top 9 Nickel-producing Countries

    Top 9 Nickel-producing Countries

    June 4, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved