00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump administration officials doubled down Sunday on their commitment to maintaining tariffs,
00:06according to CNBC. Federal appeals court has temporarily paused that decision,
00:10giving the administration time to prepare for a legal battle that could reach the Supreme Court.
00:14Commerce Secretary Howard Lutnick told Fox News Sunday that the tariffs are not going away.
00:19National Economic Council Director Kevin Hassett expressed confidence on ABC News this week that
00:24the high court would uphold the tariffs, adding that the alternative legal pathways exist if
00:29needed. Trump argued that a court defeat would destroy U.S. leverage in trade negotiations
00:33and lead to economic ruination. The White House maintains that the tariffs are essential
00:37to enforcing reciprocal trade and protecting U.S. industry.
00:40For all things money, visit Benzinga.com slash GSTV.
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