Headlines

White House Economic Adviser Hassett says if the administration doesn't win the SCOTUS decision on tariff, then there will be other tools they can utilise to reach their goal, via CNBC

Newsquawk Staff ·

  • Adds that he has high level of confidence that SCOTUS will side with the President.
  • Administration is keeping a close eye on mortgage rate and says Trump is set to announce big, comprehensive housing plan.
  • Increased labour supply will drive growth this year.
  • Was with the president last night and they discussed GDP growth.
  • Productivity is through the roof. There's a heck of a lot of economic growth does not necessarily mean huge jobs growth. 

What it means

Hassett's comments reveal a degree of confidence in the administration's approach to tariffs, suggesting a potential escalation if the Supreme Court rules unfavorably. Such signals could heighten market volatility, particularly in equities and sectors sensitive to trade policies, while his remarks on economic growth and employment dynamics may influence sentiment around fiscal and monetary policy moving forward.

Related headlines