Trump will use other tariff authorities to get to 'same place' if Supreme Court rules against him: Hassett

13 hours ago 5

 Hassett

National Economic Council Director Kevin Hassett said Friday the White House could deploy alternate measures if the Supreme Court rules against President Donald Trump's usage of exigency powers to enforce sweeping levies.

"There was a large telephone past nighttime with each the principals to speech astir if the Supreme Court were to regularisation against this IEEPA tariff, what would the adjacent measurement be?," Hassett said connected CNBC's "Squawk connected the Street," referring to the administration's usage of the International Emergency Economic Powers Act.

"There are a batch of different ineligible authorities that tin reproduce the deals that we've made with different countries, and tin bash truthful fundamentally immediately. And truthful our anticipation is that we're going to win, and if we don't win, past we cognize that we've got different tools that we could usage that get america to the aforesaid place," helium said.

Watch CNBC’s afloat  interrogation  with White House National Economic Council Director Kevin Hassett

Hassett said U.S. Trade Representative Jameson Greer has been intimately progressive successful mapping retired contingency plans.

The Supreme Court's archetypal determination time of 2026 came and went Friday without a ruling connected the legality of Trump's tariffs.

Hassett is 1 of the finalists for the Federal Reserve seat occupation arsenic Trump moves adjacent to picking a successor to Jerome Powell, whose word arsenic seat is up successful May.

"I'm truly blessed with the occupation I person here," helium said. "We'll spot what the president thinks astir wherever I should be."

Read Entire Article