Close Menu
ceofeature.com

    Subscribe to Updates

    Subscribe to our newsletter for the latest leadership tips, exclusive interviews, and expert advice from top CEOs. Simply enter your email below and stay ahead of the curve!.

    What's Hot

    The Patriots’ Stefon Diggs, his Maryland home, a $30,000 couch and a viral video

    June 3, 2025

    AI Is Not Your Friend

    June 3, 2025

    Will AI Finally Make the 4-Day Workweek a Reality?

    June 3, 2025
    Facebook X (Twitter) Instagram
    ceofeature.com
    ceofeature.com
    ceofeature.com
    • Home
    • Business
    • Lifestyle
    • CEO News
    • Investing
    • Opinion
    • Market
    • Magazine
    Facebook X (Twitter) Instagram YouTube
    Subscribe
    ceofeature.com
    Home»Business»Trump advisers say tariffs ‘not going away’ amid legal fight
    Business

    Trump advisers say tariffs ‘not going away’ amid legal fight

    Daniel snowBy Daniel snowJune 1, 20253 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link


    US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025.

    Saul Loeb | AFP | Getty Images

    President Donald Trump’s top economic advisers maintained confidence on Sunday that the “tariffs are not going away,” as a key tenet of Trump’s policy agenda hangs in legal limbo.

    “Rest assured, tariffs are not going away,” Commerce Secretary Howard Lutnick said on “Fox News Sunday,” days after a federal court ruled that Trump overstepped his authority when he imposed the sweeping duties.

    A federal appeals court later granted the Trump administration’s request to temporarily pause the ruling, giving the White House some breathing room, but officials now stare down a potentially arduous legal battle.

    The looming legal fight, which could ultimately wind up before the U.S. Supreme Court, injects uncertainty into Trump’s tariff plan, which has upended the global economy in the weeks since his initial April 2 announcement of so-called reciprocal tariffs.

    Trump’s advisers insist, however, that the tariffs will stay in place in the face of the legal challenges — or the administration will find new ways to implement them.

    Read more CNBC politics coverage

    National Economic Council Director Kevin Hassett said Sunday that he is “very confident” that the judges on the nation’s top court would back Trump’s tariffs.

    “We are very confident that the judges will uphold this law. And so I think that’s Plan A. And we’re very, very confident that Plan A is all we’re ever going to need,” he said on ABC News’ “This Week.”

    But he added that if the tariffs are blocked, “we’ll have other alternatives that we can pursue as well to make sure that we make America trade fair again,” without giving specifics on what that route would look like.

    “There’s all these laws that your listeners don’t want to listen to that are alternative ways to pursue what we’re doing,” he said.

    The U.S. Court of International Trade on Wednesday blocked Trump’s tariffs, ruling that the International Emergency Economic Powers Act (IEEPA), which Trump invoked to impose the tariffs, does not authorize a president to levy universal duties on imports. To justify the tariffs, Trump said that the “large and persistent annual U.S. goods trade deficits” constituted a national emergency.

    The Trump administration swiftly appealed the ruling, and a federal appeals court granted their request for a temporary stay.

    It’s not clear how the nation’s highest court would eventually rule on Trump’s tariffs, but it is not a given that the conservative-majority Supreme Court would automatically side with the president, POLITICO reports.

    The White House has argued that a court ruling overturning Trump’s tariffs would undermine his negotiating leverage with other nations.

    “A ruling that narrows IEEPA would have ripple effects across every domain in which economic instruments are used for strategic effect,” Lutnick said during a deposition last month.

    Trump said Sunday: “If the Courts somehow rule against” the U.S. on tariffs, it would “allow other Countries to hold our Nation hostage with their anti-American Tariffs that they would use against us.”

    “This would mean the Economic ruination of the United States of America!” he wrote on Truth Social.



    Source link

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Daniel snow
    • Website

    Related Posts

    U.S. growth forecast cut further by OECD as Trump tariffs sour outlook

    June 3, 2025

    China’s May factory activity unexpectedly shrinks, clocking its worst drop since 2022: Caixin

    June 3, 2025

    ‘be ready for disappointment’ as White House shapes market action

    June 2, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Queen of the North: How Ravinna Raveenthiran is Redefining Real Estate with Resilience and Compassion

    October 22, 2024

    Mervina Nyampulu with “I Am” charts a success Story and A Legacy of her own

    May 22, 2025

    Charbel Georges Chaar: Taking over the Luxury Property Rentals Industry

    June 1, 2025

    Emily Galsky: Making A ‘Statement’ with statement Jewelry pieces through her Unique Brand, The White Gem

    March 25, 2025
    Don't Miss

    The Patriots’ Stefon Diggs, his Maryland home, a $30,000 couch and a viral video

    By Daniel snowJune 3, 2025

    New England Patriots wide receiver Stefon Diggs has found himself in hot water after a video of him…

    AI Is Not Your Friend

    June 3, 2025

    Will AI Finally Make the 4-Day Workweek a Reality?

    June 3, 2025

    Dollar gains slightly from six-week low; euro slips ahead of ECB meeting

    June 3, 2025
    Stay In Touch
    • Facebook
    • Twitter

    Subscribe to Updates

    Subscribe to our newsletter for the latest leadership tips, exclusive interviews, and expert advice from top CEOs. Simply enter your email below and stay ahead of the curve!.

    About Us
    About Us

    Welcome to CEO Feature, where we dive deep into the exhilarating world of entrepreneurs and CEOs from across the globe! Brace yourself for captivating stories that will blow your mind and leave you inspired.

    Facebook X (Twitter)
    Featured Posts

    5 Simple Tips to Take Care of Larger Air Balloons

    January 4, 2020

    5 Ways Your Passport Can Ruin Your Cool Holiday Trip

    January 5, 2020

    Tokyo Officials Plan For a Safe Olympic Games Without Quarantines

    January 6, 2020
    Worldwide News

    5 Ways Your Passport Can Ruin Your Cool Holiday Trip

    January 5, 20200

    Tokyo Officials Plan For a Safe Olympic Games Without Quarantines

    January 6, 20200

    Fun Games: Kill The Boredom And Enjoy Your Family Time

    January 7, 20200
    • www.ceofeature.com
    @2025 copyright by ceofeature

    Type above and press Enter to search. Press Esc to cancel.