• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
Hugh Jackman-Led SONG SUNG BLUE Sets Digital and Blu-ray Release Dates

Hugh Jackman-Led SONG SUNG BLUE Sets Digital and Blu-ray Release Dates

January 13, 2026
Influencer Deaths of 2026: Isabel Veloso, Yulia Burtseva and More Stars We’ve Lost This Year

Influencer Deaths of 2026: Isabel Veloso, Yulia Burtseva and More Stars We’ve Lost This Year

January 13, 2026
NYC hospital accuses nurses’ union of seeking protections for workers arriving drunk, high as strike begins

NYC hospital accuses nurses’ union of seeking protections for workers arriving drunk, high as strike begins

January 13, 2026
Nonprofit revenue totals surge amid growing scrutiny after major fraud cases

Nonprofit revenue totals surge amid growing scrutiny after major fraud cases

January 13, 2026
Trump to interview BlackRock’s Rick Rieder for Fed chair role

Trump to interview BlackRock’s Rick Rieder for Fed chair role

January 13, 2026
Facebook X (Twitter) Instagram
Just In
  • Hugh Jackman-Led SONG SUNG BLUE Sets Digital and Blu-ray Release Dates
  • Influencer Deaths of 2026: Isabel Veloso, Yulia Burtseva and More Stars We’ve Lost This Year
  • NYC hospital accuses nurses’ union of seeking protections for workers arriving drunk, high as strike begins
  • Nonprofit revenue totals surge amid growing scrutiny after major fraud cases
  • Trump to interview BlackRock’s Rick Rieder for Fed chair role
  • Texans defense suffocates Aaron Rodgers, Steelers in playoff win
  • FBI says it hasn’t found video of Portland, Oregon, shooting involving Border Patrol
  • Keri René Fuller and Emma Flynn to Join WICKED on Broadway
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » Navarro warns US economy in ‘perilous situation’ as Supreme Court weighs Trump tariff powers
Business

Navarro warns US economy in ‘perilous situation’ as Supreme Court weighs Trump tariff powers

staffstaffDecember 17, 20251 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Navarro warns US economy in ‘perilous situation’ as Supreme Court weighs Trump tariff powers

A top member of President Donald Trump’s Cabinet warned Wednesday that the U.S. economy faces a dire future at the hands of the Supreme Court as it prepares to deliberate the emergency use of tariffs.

“If the Supreme Court wants to support the tariffs, they certainly will be on the right side of the law on this,” senior counselor for trade and manufacturing Peter Navarro said on “Mornings with Maria.”

“We’re in a perilous situation, and the Supreme Court — it is useful to remind them of it. I mean, we don’t have resilient, secure supply chains that will protect us in times of conflict,” he continued. “And our economic security is in great peril right now because of that.”

SCOTT BESSENT SAYS REAL AFFORDABILITY RELIEF, ‘SUBSTANTIAL DROP’ IN INFLATION COMING SOON

Expected to announce a decision in January, justices will hear two cases Trump has called “life or death” for the U.S., forcing the nation’s highest court to confront how far a president can go in redirecting U.S. trade policy.

The suits, Learning Resources Inc. v. Trump and Trump v. V.O.S. Selections Inc., were brought by an educational toy manufacturer and a family-owned wine and spirits importer challenging Trump’s tariffs.

Both cases turn on a central question: whether the International Emergency Economic Powers Act (IEEPA) gave the president authority to impose the tariffs, or whether that move crossed constitutional lines.

“Certainly, it’s a national emergency that China is killing us with fentanyl … I, for years, have talked about the corrosive effect of our trade deficit on our national security by offshoring our manufacturing and defense industrial base. So, the Supreme Court has all the facts before it,” Navarro noted. “It would be an extraordinary denial, particularly in light of the incredible success of the policies.”

He further argued that Trump-era tariffs have brought “billions and billions” of dollars into the economy and allowed the administration to negotiate “better deals” that enhance national security.

“The issue is, how do we best defend ourselves against the mercantilism of the world?” Navarro posited. “Every country in the world, it’s a major trading partner that we run a major deficit with. It’s like fingerprints. They all screw us in their own ways.”

“President Trump is doing everything he can to bring those jobs and factories onshore. It takes time, but the things that are taking place now all point in the direction of a strong, secure America — if President Trump is able to continue to use tariffs as a national security measure under IEEPA.”

READ MORE FROM FOX BUSINESS

FOX Business’ Amanda Macias contributed to this report.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Trump to interview BlackRock’s Rick Rieder for Fed chair role

Trump to interview BlackRock’s Rick Rieder for Fed chair role

Trump to bring Elon Musk in for key Iran mission

Trump to bring Elon Musk in for key Iran mission

Google co-founder Sergey Brin joins California exodus: report

Google co-founder Sergey Brin joins California exodus: report

Former House speaker argues Trump won’t see ‘early’ payoff as Republicans map midterm strategy

Former House speaker argues Trump won’t see ‘early’ payoff as Republicans map midterm strategy

Apple strikes major deal with Google to power Siri with Gemini AI

Apple strikes major deal with Google to power Siri with Gemini AI

Former Fed chairs, Treasury secretaries defend Jerome Powell amid Trump DOJ’s criminal probe

Former Fed chairs, Treasury secretaries defend Jerome Powell amid Trump DOJ’s criminal probe

LARRY KUDLOW: Don’t Make a Martyr Out of Jay Powell

LARRY KUDLOW: Don’t Make a Martyr Out of Jay Powell

Trump administration’s criminal probe of Fed Chair Powell sparks rare GOP revolt on Capitol Hill

Trump administration’s criminal probe of Fed Chair Powell sparks rare GOP revolt on Capitol Hill

Grocery chain launches massive expansion with 180 new US stores

Grocery chain launches massive expansion with 180 new US stores

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?