Shortly before the federal appeals court decision to stay the lower court intervention, National Economic Council Director Kevin Hassett appeared on Fox Business with Maria Bartiromo to discuss the frustrating trade court decision and the pending legislation on budgets and taxes.

Director Hassett is always a solid analytical mind to follow because his job is to look into the future and see if current alignment of economic policy retains the objective of economic growth, and he does it well.  Within the interview a key point made by Hassett on the trade/tariff conflict with the court is that USTR Jamieson Greer has multiple legal pathways to support the intent of the tariffs as applied.

This is a point CTH will continue to make; both the USTR and the Dept of Commerce Secretary have alternate legal trade tools that support the tariffs.  The bottom line is that whether IEEPA is used or Sec.301/302 are used the tariff outcome remains the same, the only difference is the amount of time for the countervailing duty to trigger; put another way, ‘optimal solutions.’  WATCH:

Despite the noise and media drumbeat, Kevin Hassett continues to carry the maganomic agenda forward with a smile.  He is able to do this because all of the economic policy is grounded in America-first realism.  It can be achieved, and it will be achieved, entirely because it is achievable. Remember that!

When you reach frustration, ask yourself, “is there bread in the kitchen?”  If yes, then focus on solving the immediate non-critical problem; do not allow the dark imaginings to disrupt your focus. It’s the guys like Kevin Hassett who are keeping the bread in the kitchen.