Episode Details

The Supreme Court dealt a significant blow to the Trump administrations tariff policies, ruling against the presidents use of legal loopholes to impose them unilaterally. This decision, based on the Constitutions separation of powers, could result in refunds for collected tariffs. Trump had previously used exceptions for emergencies, such as national security threats, to implement steel and aluminum tariffs and Liberation Day tariffs. However, the court has now deemed these not to qualify as emergencies. This ruling adds chaos to the ongoing trade war, with potential implications for the White Houses strategy and future trade policies. NordVPN — Online privacy & security thednn.ai/nord