White House Advisor: The ruling on tariffs will be overturned and will definitely not affect negotiations

In response to the "suspension" of Trump's tariffs, White House officials have made the latest statements.

According to previous reports from CCTV News, on May 28 local time, the U.S. International Trade Court blocked the tariff policy announced by President Trump on April 2 from taking effect, ruling that Trump overstepped his authority by imposing comprehensive tariffs on countries that export more to the U.S. than they import.

On Thursday, media reported that White House National Economic Council Director Kevin Hassett stated, the judge's ruling on tariffs will be overturned, and the Trump administration has different options regarding tariffs. More trade agreements are expected in the coming weeks. Following this statement, the three major U.S. stock index futures showed little short-term volatility.

Specifically, White House trade advisor Hassett stated:

If there are some minor issues arising from a decision made by an activist judge, then that should not concern you at all, and it certainly will not affect negotiations.

The U.S. government believes that many countries will open their markets to U.S. products in the next month or two. As of last week, three agreements are ready and waiting for Trump to make a decision, and more agreements are expected to be reached in the coming weeks.

Regarding "the Trump administration has different options regarding tariffs," Goldman Sachs stated in its latest report that the Trump administration may invoke Section 122 as an alternative to buy time for launching a series of Section 301 investigations, with Sections 338 and 232 also being considered.

It is worth mentioning that compared to the "universal tariff" (1977 International Emergency Economic Powers Act, IEEPA), these sections face stricter congressional or court review, and the initiation process takes longer, requiring at least several weeks or even months. Additionally, other sections have certain limitations on the scope and duration of the tariffs imposed.

Goldman Sachs believes that it seems difficult for the government to complete Section 301 investigations for each U.S. trading partner in the coming months. If the court's ruling on tariffs authorized under IEEPA continues to be effective, this may mean that countries with a small trade surplus with the U.S. will not face baseline tariffs after the 150-day deadline.

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