White House Adviser Kevin Hassett has commented on the Federal Court’s ruling against the Trump tariffs, citing an overreach by the US president. Hassett believes that the decision will be overturned following the Trump administration’s decision to file an appeal.
Trump Tariffs: Hassett Confident That Appeal Court Will Overturn Ruling
During a Fox Business interview, the White House Adviser dismissed the US Federal court’s ruling, which rejected Trump’s authority to impose the reciprocal tariffs on April 2. Hassett said that the US government would win on appeal, with the Trump administration already moving to appeal the ruling.
As CoinGape reported, the US Trade Court ruled that the Trump tariffs are an overstep beyond the president’s authority under the International Emergency Economic Powers Act (IEEPA).
During the interview, Hassett also revealed that the trade negotiations have been highly effective for the American people and that they are close to finalizing three trade deals. He added that it is unfortunate that people continue to attack the tariffs, including the judges, whom he described as “activists.”
Meanwhile, he expects more trade deals to follow despite the court’s ruling and assured that the ruling won’t affect ongoing negotiations. CoinGape reported that the EU has set a meeting with the US to avoid the 50% tariffs that President Donald Trump proposed on goods from the region.
Meanwhile, as reporter Walter Bloomberg revealed in an X post, the India Trade Ministry confirmed that talks with the US are progressing well and that they expect a good outcome soon. Walter also revealed in another X post that the US trade team will be visiting India between June 5 and 6.
Walter also cited China’s comments on the US trade court ruling. Commerce Ministry spokeswoman He Yongqian praised the court’s ruling and urged the US to scrap the Trump tariffs entirely.
He Yongqian remarked that trade wars have no winners and that they only harm global trade and US consumers. The spokeswoman also described the tariffs as “misguided” and “unilateral.”
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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