'We Just Violently Disagree With The Court On That': Peter Navarro Bashes Ruling On Tariffs

Forbes Breaking News

Peter Navarro spoke outside the White House on Thursday, after a court ruling on President Trump's tariffs.

Transcript

00:00Now, with respect to the rulings themselves, let's think about this.

00:03There's a lot of texture here.

00:04It's unusual when you have a court come out with two very separate rulings

00:09where the law interpretation is very different and very, very textured.

00:14The common denominator is the International Economic Emergency Powers Act.

00:20It's an act which entitles the executive branch with very, very broad authority

00:24to take action in the face of economic emergencies.

00:28With the case of the fentanyl, there's an obvious one there.

00:31It's killing Americans, many of them of prime working age.

00:35And that fentanyl tariff also was designed to stop the border invasion.

00:40And when you have 20 million people coming in, stealing jobs, depressing wages,

00:45that's part of the emergency.

00:47And then the reciprocal tariff issue, the emergency there,

00:50very clearly is the $1.3 trillion trade deficit a year,

00:54which cumulatively has added up to $18 trillion of wealth transferred into foreign hands.

01:02And can you imagine what you can buy with $18 trillion in this country?

01:06You could buy a whole state with that.

01:08So, with respect to the fentanyl tariff,

01:11the court argued that somehow that there wasn't a sufficient connection

01:18between tariffs and the ability to stop the fentanyl poison.

01:23We just violently disagree with the court on that

01:27and see that as a violation of the separation of powers

01:31between the judicial branch and the executive branch itself.

01:34The court is not supposed to micromanage how the president of this United States

01:39is supposed to be able to get people to stop dying from fentanyl.

01:44And the court didn't even note the fact that the fentanyl tariffs

01:48have been actually quite successful so far in improving that situation.

01:54It's gotten a lot better.

01:56The court didn't even acknowledge that.

01:57So, that one's wrong on legal grounds.

02:00With respect to the reciprocal tariff argument,

02:03that was like a whole separate argument.

02:06They basically said that the president acted beyond

02:11or beyond the scope of his authority.

02:14And the buried lead in all that was they said,

02:16well, this is why the stock market has basically not reacted to this

02:21because the status quo is still in place.

02:24It's like you can use other things to accomplish the same result.

02:28We just don't like this one.

02:29You know, it's the 122, the 232, the 301, 338.

02:35Do your homework.

02:35You know how all that works.

02:37So, where we stand right now is we have a dramatic expansion of a judicial blockade of the Trump agenda

02:46by Roe judiciary working in league with Democrats who are at the heart of the suit

02:54and RINO Republicans who have a vested interest in shipping our jobs offshore and opening our borders.

03:02We will fight this all the way up the chain.

03:05And in the meantime, this did not catch us by surprise.

03:08We will hear within the next day or two at a minimum from the United States Trade Representative

03:16on how we will respond to all of this.

03:19We will respond forcefully.

03:21And we think we have a very good case with respect to this.

03:24Now, after having said that, I appreciate your patience.

03:28What I try to do when I come out here is give you more texture and background rather than just sound bites.

03:34So, that's what I hope I've done.

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