00:00President Donald Trump's sweeping tariff policy, a cornerstone of his economic agenda,
00:05is facing significant legal challenges that threaten its very foundation.
00:09Despite federal court rulings deeming the bulk of these tariffs illegal,
00:13the administration remains defiant, insisting that the tariffs are not going away.
00:18Commerce Secretary Howard Lutnick, appearing on Fox News Sunday, downplayed the court decisions,
00:24expressing confidence that Trump would ultimately win on appeal.
00:27Last Wednesday, the U.S. Court of International Trade delivered a unanimous ruling that Trump
00:32lacked the authority under the international emergency. Economic Powers Act, the emergency
00:38power he cited to impose reciprocal tariffs on imports from most countries. The court emphasized
00:43that the president does not possess unbounded authority to levy universal duties. This decision
00:49was echoed by a federal district judge in Washington, D.C., who also blocked the administration from
00:54collecting tariffs from Illinois toy importers on similar grounds. While federal appeals courts have
00:59granted the Trump administration temporary stays, allowing the tariffs to continue for now,
01:05officials anticipate an arduous legal battle that could reach the Supreme Court.
01:09Lutnick, however, asserted that, if higher courts side with the trade court,
01:13the administration possesses so many other authorities to implement tariffs.
01:17National Economic Council Director Kevin Hassett stated he is very confident that the nation's top court would
01:24back Trump's tariffs, but also hinted at other alternatives if they are blocked.
01:29Trump himself warned on Truth Social that a ruling against his tariffs would allow other countries to hold
01:35our nation hostage, leading to the economic ruination of the United States of America.
01:39The legal fight injects a significant layer of uncertainty into Trump's trade strategy.
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