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Henrietta Treyz

๐Ÿ‘ค Speaker
186 total appearances

Appearances Over Time

Podcast Appearances

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.

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

They have a number of trade deals that they have signed.

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

I believe there's about eight at this point, and many of them include a reciprocal tariff of 10 percent in the case of the UK or 19 percent in the case of Indonesia.

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

Those tariffs are illegal.

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

The Supreme Court has told the Customs and Border Patrol people this authority is not permitted.

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

So it's the importers who are going to rise up and say, I'm not paying.

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

It doesn't matter what the countries independently decide or whatever the White House says.

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

appreciate the question paul i am widely wildly out of consensus on this but what i just described on section 122 is just one of the many alternates and alternatives that the president has section 301 which is you know 350 billion dollars worth of tariffs on china we could re-up that

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

and apply it to the EU, the UK or Brazil.

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

All of those have been threatened.

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

But think about what functionally that means.