Editor's PiCK

White House National Economic Council Chair: "The tariff ruling will be overturned"

Source
Minseung Kang

Summary

  • Chairman Kevin Hassett stated that the U.S. court's decision to halt tariffs will be overturned.
  • Chairman Hassett conveyed that this tariff ruling does not affect existing trade agreements.
  • The Trump administration has other options in relation to tariffs, indicating that trade policy uncertainty may persist.

Kevin Hassett, Chairman of the White House National Economic Council (NEC), recently stated that the U.S. court's ruling that put a brake on President Trump's tariff imposition would be overturned.

According to the overseas economic news outlet Walter Bloomberg on the 29th, Kevin Hassett said that "the judges' decisions regarding tariffs will be overturned." He added, "The ruling on tariffs does not affect the current trade agreements."

He also implied, "The Trump administration has other options with regard to tariffs," suggesting that uncertainty in trade policy could persist.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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