The plain language of the statute authorizes the president in an emergency situation to regulate imports. You regulate imports with the tariff. That's just historic. That's how it works. There's an emergency with our trade deficit and offshoring, courts typically will defer on the emergency. So we think there's a clear statutory and constitutional basis for all of this. But if it does rule against you, if it does, what will you do? (42:46–42:53)
CLAIM
Asserts that there is an emergency related to the trade deficit and offshoring, and courts usually defer to the executive on emergencies.
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