Episode Details

In breaking news, Trump has lost again on his harebrained tariff scheme to tax the American people billions of dollars, as the Court of International Trade, in a 2-1 decision, strikes down Trump’s efforts to declare a phony “balance of payments” crisis to impose new 10% tariffs on the world. Popok explains why a “balance of trade” imbalance is not a “balance of payments” emergency, and what should happen next at the appellate courts, including the US Supreme Court, as Trump’s signature economic policy gets another black eye in court.

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