00:00President Trump will always put our national security and Americans first.
00:04And as I have said before, the president has multiple tools in his toolbox.
00:10Six justices simply ruled that IEPA authorities cannot be used to raise even one dollar of revenue.
00:19Will result in virtually unchanged tariff revenue in 2026.
00:24I would also like to take a moment to address today's Supreme Court ruling.
00:28And I would note that I did not change a single word in my speech post the ruling.
00:35President Trump will always put our national security and Americans first.
00:39And as I have said before, the president has multiple tools in his toolbox.
00:44Let's be clear about what today's ruling was and what it wasn't.
00:49Despite the misplaced gloating from Democrats, ill-informed media outlets,
00:54and the very people who gutted our industrial base,
00:58the court did not rule against President Trump's tariffs.
01:03Six justices simply ruled that IEPA authorities cannot be used to raise even one dollar of revenue.
01:12This administration will invoke alternative legal authorities to replace the IEPA tariffs.
01:18We will be leveraging Section 232 and Section 301 tariff authorities
01:24that have been validated through thousands of legal challenges.
01:29Treasury's estimates show that the use of Section 122 authority,
01:33combined with potentially enhanced Section 232 and Section 301 tariffs,
01:40will result in virtually unchanged tariff revenue in 2026.
01:45I would also like to take a moment to address today's Supreme Court ruling,
01:49and I would note that I did not change a single word in my speech post the ruling.
01:56President Trump will always put our national security and Americans first.
02:00And as I have said before, the president has multiple tools in his toolbox.
02:05Let's be clear about what today's ruling was and what it wasn't.
02:10Despite the misplaced voting from Democrats, ill-informed media outlets,
02:16and the very people who gutted our industrial base,
02:19the court did not rule against President Trump's tariffs.
02:24Six justices simply ruled that IEPA authorities cannot be used to raise even one dollar of revenue.
02:32This administration will invoke alternative legal authorities to replace the IEPA tariffs.
02:39We will be leveraging Section 232 and Section 301 tariff authorities
02:45that have been validated through thousands of legal challenges.
02:50Treasury's estimates show that the use of Section 122 authority,
02:54combined with potentially enhanced Section 232 and Section 301 tariffs,
03:00will result in virtually unchanged tariff revenue in 2026.
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03:13Download the One India app now.
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