DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Trump Economic Adviser Insists Tariff Situation Is Under Control

May 29, 2025
in News
Trump Economic Adviser Insists Tariff Situation Is Under Control
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

White House National Economic Council Director Kevin Hassett insisted Thursday that Donald Trump “always wins,” even after the president’s vacillating tariff policies faced a massive defeat in federal court.

During an interview on Fox Business’s Mornings With Maria, host Maria Bartiromo asked Hassett for his reaction to a journalist teaching Trump about a new investing theory, TACO, which stands for “Trump always chickens out.” The economic adviser replied to the dig with another slogan.

“I think if President Trump had just a minute more, if you go back into the room behind the Oval, he’s got all his hats and things over there, and he has a hat which is the accurate response to what that person said, which is ‘Trump always wins,’” Hassett said. “If you go look, a lot of people are wearing that hat, ‘Trump always wins’ and ‘Trump was always right.’”

Hassett claimed that Trump’s tariffs had forced other countries to “come to the table with massive concessions, opening up their markets to our products, and lowering their tariffs on us.” So far, only Israel, India, and Vietnam have moved to slash tariffs on U.S. products. Negotiations with other trading partners, such as the European Union, are still ongoing.

Hassett insisted that Trump’s volatile tariff policies had been “really, really effective for the American people, and it’s unfortunate that people would attack it, as the journalist did or the way the judges just did, that these activist judges are trying to slow something down in the middle of really important negotiations.”

A panel of three federal judges in the U.S. Court of International Trade unanimously ruled Wednesday evening that Trump had exceeded his legal authority by imposing sweeping tariffs on dozens of countries, based on vague claims of “national emergencies.” The Trump administration has already said it will appeal the decision, and through his broad smile, Hassett desperately attempted to downplay the loss.

“And the idea that the fentanyl crisis in America is not an emergency is so appalling to me, that I’m sure that when we appeal that this decision will be overturned,” Hassett continued. Trump had used a domestic public health crisis as a rationale for imposing steep tariffs on China, claiming the country had failed to thwart fentanyl production and trafficking.

But contrary to Hassett’s claim, the panel had not found that the fentanyl was not an urgent issue but simply that the International Emergency Economic Powers Act did not authorize the president to impose worldwide, retaliatory tariffs.

The post Trump Economic Adviser Insists Tariff Situation Is Under Control appeared first on New Republic.

Share198Tweet124Share
Saudi Arabia says it will jointly fund Syria state salaries with Qatar
News

Saudi Arabia says it will jointly fund Syria state salaries with Qatar

by Al Jazeera
May 31, 2025

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al Saud has said that the kingdom and Qatar will offer joint ...

Read more
News

Dodgers beat Yankees in World Series rematch with comeback win powered by Shohei Ohtani’s two homers

May 31, 2025
Baseball

St. John Bosco wins Division 1 baseball championship on Miles Clark’s walk-off single

May 31, 2025
News

With another glorious moment marred by tragedy, Liverpool and its supporters find strength in a familiar place – each other

May 31, 2025
News

U.S. just radically changed its COVID vaccine recommendations: How will it affect you?

May 31, 2025
Why the direction your fan spins is key to a cooler summer

Why the direction your fan spins is key to a cooler summer

May 31, 2025
‘Don’t underestimate its power’: Remembering water safety when visiting Little River this summer

‘Don’t underestimate its power’: Remembering water safety when visiting Little River this summer

May 31, 2025
Trump Asked Musk if DOGE Was BS Then Called Him Half ‘Boy’

Trump Asked Musk if DOGE Was BS Then Called Him Half ‘Boy’

May 31, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.