This administration will invoke alternative legal authorities to replace the IEPA tariffs. We will be leveraging section 232 and section 301 tariff authorities that have been validated through thousands of legal challenges. Treasury's estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs, will result in virtually unchanged tariff revenue in 2020. (00:45–01:02)
CLAIM
Asserts that Treasury estimates indicate tariff revenue will remain virtually unchanged in 2020 with new authorities.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
