Peter Navarro Discusses Stakes with Upcoming Supreme Court Review of IEEPA Tariffs

Peter Navarro, President Trump’s top trade and manufacturing policy advisor, speaks to pool reporters outside the White House.

Within his remarks about the economy overall, Navarro then breaks down the issues soon to come before the Supreme Court surrounding the use of the IEEPA (International Emergency Economic Powers Act) to enact defensive trade tariffs.

Navarro also addresses the false premise that tariffs create imported inflation.  As reflected in the 2018 tariff outcome, the exporting country absorbs the majority of the tariff impact.  Additionally, the tariff rate is applied to the wholesale price as contracted by the importing company in the USA.   WATCH: