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John Kennedy Grills Howard Lutnick About Law Used By Trump To Impose Tariffs
Forbes Breaking News
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5 months ago
At Wednesday's Senate Appropriations Committee hearing, Sen. John Kennedy (R-LA) questioned Commerce Secretary Howard Lutnick.
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00:00
Um, tell me your understanding of the Trade Expansion Act.
00:09
I don't have a really good understanding of the term.
00:12
I may know the act, but I may not know its title.
00:15
You know, you're not familiar with the Trade Expansion Act of 1962
00:19
that gives the president almost unlimited authority to impose tariffs
00:24
so long as you conduct an investigation.
00:27
You don't know about that?
00:28
Oh, my 232s, of course.
00:30
Okay.
00:30
Sorry, I just didn't know the title of the plan, but of course I know.
00:33
Why didn't you advise the White House, instead of proceeding under other statutes,
00:42
why didn't you advise the White House to proceed under the Trade Expansion Act?
00:48
The president chose IEPA because he could do it swiftly
00:53
and he could do it sweeping in order to address the underlying problems
00:58
that it created the $1.2 trillion trade deficit that was haunting the United States of America.
01:04
Have you read the opinion in, um, um, VOS selections, VUS?
01:09
I have.
01:10
What role does the major questions doctrine play in that decision?
01:15
I am not a lawyer, so I can't speak to it with that kind of precision.
01:19
That's a litigation that's under current investigation.
01:22
Are you familiar with the major questions doctrine?
01:26
Not offhand, but I did, of course, read the decision.
01:30
Well, about three-quarters of the opinion is on the major questions doctrine.
01:35
Again, I, I tend to not know the title, I know that the topic and the details of it,
01:41
but I, I tend not to focus on titles.
01:43
Sorry.
01:44
I'm way over.
01:46
Thank you for your indulgence, Mr. Chairman.
01:48
Senator Kennedy, thank you.
01:49
Senator Shahid.
01:51
Thank you, Mr. Chairman, and thank you, Mr. Secretary, for being here today.
01:55
Thank you, Mr. Chairman.
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