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Henrietta Treyz

๐Ÿ‘ค Speaker
136 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

They know their taxes.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

They know that they're driving inflation and they don't like them.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

So now that that authority has been stripped away from him, the president no longer has to collect these taxes.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

It's up to him to decide whether he wants to migrate into new and different authorities like Section 122 that give him the ability to impose tariffs at a 15 percent rate for the next five months.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

If he wants to do that, he can go ahead on.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

But the American public will be very grateful that the Supreme Court struck these tariffs down and even more grateful if he keeps them off.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

So that's one way of looking at it.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

And Republicans on Capitol Hill are staring down the barrel of a very ugly affordability narrative election cycle.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

where we've seen races as diverse as Texas swing 31 points away from President Trump just since he was elected.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

Those are tremendous losses for the Republican conference, and most of it is driven by the president's handling of the US economy.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

It's influenced not just the traditional independent voter that we are always concerned with, but also with young male and Hispanic voters who have driven the president to his second term.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

So a lot to see here.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

They are legal.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

So at Border Patrol, one of the things that's questionable here is that the White House has said all these trade deals are still going to be intact.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

You know, we've signed these agreements.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

That is null and void.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

Now, if you are an importer and you are at Customs and Border Patrol, you no longer.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

longer will suffer paying for these tariffs.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

The Supreme Court has told Customs and Border Patrol they can no longer collect them.

Bloomberg Talks
Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

So this is a problem that the White House is going to have to address.