Commerce Secretary Lutnick: ‘The President’s Going to Win Like He Always Does – But Rest Assured, Tariffs Are Not Going Away’

Breitbart ^ | June 01, 2025 | Staff

[Red Badger]

During this week’s broadcast of “Fox News Sunday,” Commerce Secretary Howard Lutnick downplayed efforts by federal courts, including the Court of International Trade, to stymy the Trump administration’s use of tariffs.

“OK, so we want to start here with the Court of International Trade,” host Shannon Bream said. “This is a decision that went against the president days ago. They said because of the Constitution’s express allocation of the tariff power to Congress, an unlimited delegation of tariff authority to the president would constitute an improper abdication of legislative power to another branch of government. Just to boil that down, they said he can’t do it. But that decision is on hold for now. What is the backup plan?”

Lutnick replied, “Well, think about how silly that is, right? So, Congress gives the president, under this IEEPA authority, the ability to take on other countries who are creating a national emergency. And the $1.2 trillion trade deficit and all the underlying implications of that is a national emergency. It’s gutting our manufacturing base. The president takes that on and Congress lets him do it, specifically does not vote to take it away. Calls a vote and says he can keep it.”

[Owen]

The car industry says they will shut down in about 2 weeks without neodymium. It’s essentially not possible for China to be unaware of this.

[Starboard]

“During this week’s broadcast of “Fox News Sunday...”

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Maybe a bit off topic here but the plethora of politically oriented Sunday talk shows is a strange cultural phenomena. Hard to believe that some people spend a good portion of their Sunday’s watching talking heads blathering on about their world views and opining on everything under the sun. JMHO

[Brian Griffin]

“The car industry says they will shut down in about 2 weeks without neodymium.”

No motor vehicle may be imported into the USA unless it is accopanied by one pound? of neodymium.

Let the Koreans, Japanese, Mexicans and Europeans solve that problem.

[Red Badger]

It’s the same thing every Sunday for 70 years...................

[Owen]

Not bad, but I think the Chinese have anticipated it.

They are not exporting neodymium to anyone. So insisting on it from someone else fails. In fact, you can probably find a link to India car industry having to shut down because of neodymium.

They figured it out before we did. It will take years to scale up our own facilities. They can require their own specifiers in return for neodymium. (One of those rules can be that we end any projects intended to make our own)

[Brian Griffin]

We buy gold
We buy electric motors

[Brian Griffin]

“The world’s production of neodymium was about 7,000 tons in 2004. The bulk of current production is from China. Historically, the Chinese government imposed strategic material controls on the element, causing large fluctuations in prices. The uncertainty of pricing and availability have caused companies (particularly Japanese ones) to create permanent magnets and associated electric motors with fewer rare-earth metals; however, so far they have been unable to eliminate the need for neodymium.”

https://en.wikipedia.org/wiki/Neodymium