{"id":1268,"date":"2025-06-02T13:40:50","date_gmt":"2025-06-02T13:40:50","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/06\/02\/kevin-hassett-very-very-confident-courts-will-back-trumps-tariffs-amid-legal-setback\/"},"modified":"2025-06-02T13:40:50","modified_gmt":"2025-06-02T13:40:50","slug":"kevin-hassett-very-very-confident-courts-will-back-trumps-tariffs-amid-legal-setback","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/06\/02\/kevin-hassett-very-very-confident-courts-will-back-trumps-tariffs-amid-legal-setback\/","title":{"rendered":"Kevin Hassett \u2018very, very confident\u2019 courts will back Trump\u2019s tariffs amid legal setback"},"content":{"rendered":"<p class=\"speakable\">White House Economic Council Director Kevin Hassett says he remains &#8216;very, very confident&#8217; that courts will support President Donald Trump&#8217;s tariff agenda.<\/p>\n<p class=\"speakable\">Hassett made the statement during a Sunday morning appearance on ABC&#8217;s &#8216;This Week,&#8217; telling host George Stephanopoulos that the White House still expects &#8216;Plan A&#8217; to work out.<\/p>\n<p>&#8216;And so we&#8217;re very thrilled. We are very confident that the judges would uphold this law. And so I think that that&#8217;s Plan A, and we&#8217;re very, very confident that Plan A is all we&#8217;re ever going to need,&#8217; Hassett said.<\/p>\n<p>&#8216;But if, for some reason, some judge were to say that it&#8217;s not a national emergency when more Americans die from fentanyl than have ever died in all American wars combined, that&#8217;s not an emergency that the president has authority over \u2013 if that ludicrous statement is made by a judge somewhere, then we&#8217;ll have other alternatives that we can pursue as well to make sure that we make American trade fair again,&#8217; he added.<\/p>\n<\/p>\n<p>Hassett&#8217;s appearance comes after a federal court struck down Trump&#8217;s tariffs in a ruling last week, only for an appeals court to issue a temporary stay protecting the tariffs during litigation.<\/p>\n<p>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 &#8216;reciprocal tariffs&#8217; that he announced April 2 under the International Emergency Economic Powers Act, or IEEPA.&nbsp;<\/p>\n<p>The CIT had ruled unanimously to block the tariffs the day before.<\/p>\n<\/p>\n<p>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.<\/p>\n<p>They noted that, as commander in chief, Trump does not have &#8216;unbounded authority&#8217; to impose tariffs under the emergency law.<\/p>\n<p>For now, the burden of proof shifts to the government, which must convince the court it will suffer &#8216;irreparable harm&#8217; if the injunction remains in place, a high legal standard the Trump administration must meet.<\/p>\n<p><i>Fox News&#8217; Breanne Deppisch contributed to this report<\/i><\/p>\n<\/p>\n<div>This post appeared first on FOX NEWS<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House Economic Council Director Kevin Hassett says he remains &#8216;very, very confident&#8217; that courts will support President Donald Trump&#8217;s tariff agenda. Hassett made the statement during a Sunday morning appearance on ABC&#8217;s &#8216;This Week,&#8217; telling host George Stephanopoulos that the White House still expects &#8216;Plan A&#8217; to work out. &#8216;And so we&#8217;re very thrilled.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/1268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=1268"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/1268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/1269"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=1268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=1268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=1268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}