Shortly before the federal appeals court decision to stay the lower court intervention, National Economic Council Director Kevin Hassett appeared on Fox Business with Maria Bartiromo to discuss the frustrating trade court decision and the pending legislation on budgets and taxes.
Director Hassett is always a solid analytical mind to follow because his job is to look into the future and see if current alignment of economic policy retains the objective of economic growth, and he does it well. Within the interview a key point made by Hassett on the trade/tariff conflict with the court is that USTR Jamieson Greer has multiple legal pathways to support the intent of the tariffs as applied.
This is a point CTH will continue to make; both the USTR and the Dept of Commerce Secretary have alternate legal trade tools that support the tariffs. The bottom line is that whether IEEPA is used or Sec.301/302 are used the tariff outcome remains the same, the only difference is the amount of time for the countervailing duty to trigger; put another way, ‘optimal solutions.’ WATCH:
Despite the noise and media drumbeat, Kevin Hassett continues to carry the maganomic agenda forward with a smile. He is able to do this because all of the economic policy is grounded in America-first realism. It can be achieved, and it will be achieved, entirely because it is achievable. Remember that!
When you reach frustration, ask yourself, “is there bread in the kitchen?” If yes, then focus on solving the immediate non-critical problem; do not allow the dark imaginings to disrupt your focus. It’s the guys like Kevin Hassett who are keeping the bread in the kitchen.
I will admit, I smiled and was relieved to hear Kevin Hassett calmly reassure us there is more than way this administration will skin the globalist cat.
The globalists, China, EU, the WEF crowd, rinos, dims and obstructionists in black robes among many others are trying everything possible to stop PDT’s America First agenda. However, we keep winning. Did anyone think an entire evil world system would just lay down for for this transformation?
What we haven’t seen much of yet are terrorist attacks and leftists attempting to burn down cities. That’s coming the closer we get to PDT’s success.
I’m well aware of world events.
My point was in how genuinely reassuring Kevin Hassett is and how lucky we are to have him and his team thinking, instead of some big dramatic action that falls flat.
I’m not surprised that the Trump train uses many tracks that lead to the desired destination of reciprocity with all of our trading partners.
The US has been taken advantage of, we need to correct the imbalance in whatever way will work for us.
Switch tracks at a moments notice to maintain a flexible approach.
Hassett knows the planning for PDJT47 began over 4 years ago. They knew court challenges, injunctions and rogue rulings were going to be used against them. They anticipated and prepared countermeasures, responses, fallback plans and workarounds.
Canadian here. No proverbial bread in our kitchen!😂.
DD
Half your people are your bread, I for one have not given up on Canadians. China is a horrendous place but not because of the people, because of the government.
i like the part where we win and they lose.
Quokkarine for the win!
Whoops 🤭….I should have read comments. (Mine below)
Hummm. The Constitution says the President can make treaties, with the advice & consent of Congress.
Is inaction by Congress consent?
It’s “advice and consent of the Senate,” not Congress. But the historical issue has been when does an international agreement rise to the status of a “treaty”. And no, inaction is not consent.
Our founders were remarkably short sighted with giving so much power to the congress(house and senate as a whole). I have found myself saying more and more over the past decade that in their rush to not make a monarch, they gave too much power to the parliament (congress). The trouble with the President needing the consent of the congress as a whole is that we end up where we are presently, with the congress nor representing the people and being corrupt.
There’s one brake on Congress that was deliberately sabotaged.
The 17th Amendment that provided for the direct election of Senators. Used to be that Senators were selected by the State’s Legislatures to represent the interests of the State’s governments.
But Trump has advanced every issue well within his powers under the Constitution. Trump doesn’t need the consent of Congress to write EOs or create tariffs. What the country needs is for members of Congress to represent We the People. The problem is, Congress is broken and they are representing themselves, not the American people.
Trump has the power to issue tariffs. Congress doesn’t have that power. The latter is the theory Rand Paul has advanced, and he is responsible for the IEPA case. But Rand Paul is wrong.
Trump will be able to proceed no matter what.
Rand Paul has been exposed.
Why doesn’t the administration use all the rules together to put the tariffs in play? I am not aware of a law or rule that says you can only use one statute/law at a time to do something.
Looking at things quickly, it looks to me the administration saw IEEPA as the quickest and easiest route. But the problem they run into is about “regulate” vs “tariff” in that law.
Section 301 does provide for “duties” but is procedural y much more complex.
The trade court ruling smelled fishy from the beginning. For the most part, SCOTUS put this issue of their authority to bed weeks ago. They knew it wouldn’t stick, but it sure took the Autopen headlines off the front pages for a day. No doubt, there’s where the bodies are buried.
Fishy indeed, and why wouldn’t it be? It’s located at One Federal Plaza, NYC.
When you reach frustration, ask yourself, “is Kevin Hassett smiling?”
I love it when he smiles !!!
Now that the district court has weighed in with a similar ruling against the tariffs, does this also have to be appealed separately or can it be consolidated with the other 2 cases?
The DC district court order only concerned tariffs that affected two toy companies that imported toys. It will no doubt be appealed to the DC Circuit.
The appeal of the trade court went to the Federal Circuit, which handles appeals from certain specialized courts, such as the patent court, trade court, etc.
SCOTUS would probably consolidate the cases.
harumph harumph harumph
Hi Rand Paul! 🙋♀️
Clown show comment Morton.
Hassett looks like a Wolverine with glasses..😎
And floating brows.
When Kevin Hassett quits smiling then we know we got problems
When he stops smiling his enemies get nervous.
Sunlight is exposing a very questionable judicial wing of our government.
More fool “judges” who say to themselves, ” We’ve got him now!!”
I suspect President Trump never executes Plan A without Plans B, C, D, ad infinitum ready to roll.
Sometimes something just feels right. Everytime Kevin gets interviewed, no matter the issue, his response just feels right. This talented man is a rock in the administration and the American people are blessed to have him on their side.
In my point of view he is sort of a younger version of Wilbur Ross (who is missed).
We need more people like him…he has an “ideology” in a sense and he can answer any question thrown at him.
He’s one of the few “officials” I can even stand anymore.
More bread! Love his positivity 😁
Hahahahaa that picture – smiling in front of the lightning storm explaining economics to the media. Awesome.
I might have already mentioned it here, but again.
This is the season when all refineries do maintenance shutdowns which cause gas shortages.
TIt is also when they transition from volatile winter gas to less volatile summer gas.
This is also an EPA mandate to prevent “volatile emissions.”
It does have a benefit though to us. More volatile gas makes your car start easier in the winter. The less volatile gas make your car less likely to vapor lock and flood in the summer. Yeah I know that was when cars had carburators and not fuel injection, but it still helps a little. And Volitile emissions, not tailpipe emissions, are the bigger problem, so its actually makes sense for once.
During this period, Gasbuddy tells me the average price in my area of Birmingham AL for 85 octane regular has gone froom $2.999/gal to $2.429/gal.
So don’t let any of the “gas-lighters” tell you anything about gas.
Read the price on the Gas Pump.
MAGA!
Relates to Kevin Hassett, how?
I don’t remember the Judicial Edomites attempting to stop the Council On Foreign Relations economic treason of “Free Trade” pushed and passed by China owned Bill Clinton and his very close comrade Speaker Gingrich who is the best example of a Arch-Fabian Uniparty Judas of all. Destroyed tens of millions of jobs, and lost tax ratables used to fund Local/County/State/Federal crime cartels called Government.
House Speaker Newt Gingrich Praises Passage of NAFTA (1993)(Do his grandchildren call him a traitor? They should)
Nice to see the Uniparty together on the historic treason of NAFTA
The Long Shadow of NAFTA
https://www.theamericanconservative.com/the-long-shadow-of-nafta/
Sucking sound going SOUTH. Ross Perot
“When you reach frustration, ask yourself, “is there bread in the kitchen?” If yes, then focus on solving the immediate non-critical problem; do not allow the dark imaginings to disrupt your focus.”
I’m still kinda laughing about this statement. If people actually followed this advice there wouldn’t be a comments section………..
Well, there could be one with comments mostly like this:
🍞 🍞 🍞 🍞 🍞 🍞 🍞 🍞 🍞 🍞 🍞 🍞
My freezer has three loaves not counting some sweet ones I baked.
Love Kevin Hassett’s smile!
Jonathan Turley said the same on Fox that POTUS has other tools he can
use to implement the tarrifs and that this ruling doesn;t apply to things
like steel and lumber and such it has more to do wiht China..
Thunder and lightning in the background while Hassett has his eyes on the horizon!!!!!!!!!!!!
Don’t understand all that trade talk but his smile is always reassuring.
I trust God and HE chose Trump
DOGE now appears to be a grand, up-front expose, a tool designed to flush out and expose WHY government cannot be reined in through the original checks and balances as prescribed by the constitution. RESISTANCE AT EVERY LEVEL tells the tale. We only have ourselves to blame by enabling the “servants” to become our “masters”, and, unless I’m missing it, Trump’s forcing their last gasp via failure of the legislative and judicial branches. If we complete the circuit on total failure of all three branches of government, that supposedly triggers “COG”, OR it’s torches and pitchforks….NO WAY Trump allows us to implode that way.
BTW, I have to question the legitimacy of a Supreme Court accepting fake presidential signatures, including his nominee.
MAGA.
Using alternate methods to implement tariffs will restrict the tariff amount and the length of term.
Since we all know that the purpose of the tariffs is to create leverage, ie to force trade agreements that are more beneficial to the USA, using other methods will destroy that leverage. And it doesn’t appear that Trump has much of a case when this one finally goes to full review. There’s a slim chance he might win on appeal but I don’t put it anywhere near a coin flip.
I’m hoping for him, but I don’t see it happening. and, if it turns out it really is unconstitutional, then that actually is a good thing.
He’s such a happy warrior! I wish I could tap into that kind of energy, too!
Not to veer off topic, but I do wish we had the same voice of reason, backed by facts, in regards to the judges dealing blows to deportations.