1 00:00:00,120 --> 00:00:04,560 Speaker 1: The Supreme Court has struck down Trump's tariffs. The Supreme 2 00:00:04,600 --> 00:00:08,520 Speaker 1: Court ruled six to three that the Trump sweeping tariffs 3 00:00:08,560 --> 00:00:12,160 Speaker 1: imposed under the nineteen seventy seven Emergency Powers law were 4 00:00:12,280 --> 00:00:16,920 Speaker 1: unconstitutional because the law doesn't authorize the president to levy 5 00:00:17,079 --> 00:00:22,000 Speaker 1: broad import taxes. You've got Chief Justice John Roberts who 6 00:00:22,000 --> 00:00:25,760 Speaker 1: wrote the only He wrote that only Congress has the 7 00:00:25,760 --> 00:00:29,000 Speaker 1: power to impose taxes and tariffs, and that the emergency 8 00:00:29,000 --> 00:00:34,839 Speaker 1: power statue Trump used don't explicitly allow tariffs. Now, this 9 00:00:34,960 --> 00:00:38,080 Speaker 1: ruling doesn't ban all tariffs, and you've got to imagine 10 00:00:38,080 --> 00:00:41,600 Speaker 1: that Trump's team is going to try some legal avenues, 11 00:00:41,720 --> 00:00:45,280 Speaker 1: of course, maneuvers to try to keep these tariffs in place. 12 00:00:46,400 --> 00:00:49,080 Speaker 1: But the broad use of emergency powers were rejected. 13 00:00:49,479 --> 00:00:51,440 Speaker 2: Yeah, and so it was a six to three ruling. 14 00:00:51,560 --> 00:00:54,480 Speaker 2: And so the dissenters were who you would expect. It 15 00:00:54,560 --> 00:00:58,560 Speaker 2: was Thomas, Alito and Kavanaugh. So that means that Justice 16 00:00:58,720 --> 00:01:02,680 Speaker 2: Roberts and Amy, Tony Barrett, and Gorsich went with the 17 00:01:02,880 --> 00:01:04,600 Speaker 2: liberal justices on this move. 18 00:01:04,640 --> 00:01:04,800 Speaker 1: Here. 19 00:01:04,920 --> 00:01:08,520 Speaker 2: Look, it was always a stretch when Donald Trump tried 20 00:01:08,560 --> 00:01:12,119 Speaker 2: to invoke this nineteen seventy seven you know, emergency international 21 00:01:12,120 --> 00:01:14,760 Speaker 2: emergency economic powers Act. It was always going to be 22 00:01:14,800 --> 00:01:16,679 Speaker 2: a stretch. And here here's what you're going to see. 23 00:01:16,680 --> 00:01:18,399 Speaker 2: You're going to see a couple things here today from 24 00:01:18,440 --> 00:01:22,319 Speaker 2: conservative influence. You'll hear them bash the three conservative Supreme 25 00:01:22,319 --> 00:01:25,120 Speaker 2: Court justices that sided with the liberals on this. And 26 00:01:25,160 --> 00:01:27,560 Speaker 2: by the way, keep in mind, for the last several 27 00:01:27,680 --> 00:01:30,560 Speaker 2: years you've heard the liberals say nothing about except that 28 00:01:30,640 --> 00:01:33,959 Speaker 2: the Supreme Court is totally illegitimate. Both of those are 29 00:01:33,959 --> 00:01:37,280 Speaker 2: a bunch of bs. I believe that the Supreme Court 30 00:01:37,360 --> 00:01:40,280 Speaker 2: looks at these things. Sure, they've got liberal and conservative bents, 31 00:01:40,319 --> 00:01:43,520 Speaker 2: but the vast majority of their decisions are done by 32 00:01:43,680 --> 00:01:47,080 Speaker 2: looking at the laws that are written, the actions that 33 00:01:47,120 --> 00:01:50,160 Speaker 2: are taken, and applying to them to the Constitution. And 34 00:01:50,200 --> 00:01:52,080 Speaker 2: I think that the Supreme Court got it right in 35 00:01:52,120 --> 00:01:55,920 Speaker 2: this specific instance. That nineteen seventy seven law was always 36 00:01:56,000 --> 00:01:58,280 Speaker 2: a stretch when Trump invoked it and tried to use 37 00:01:58,320 --> 00:02:00,680 Speaker 2: these tariffs. And now the problem that we're sitting with 38 00:02:00,720 --> 00:02:02,720 Speaker 2: here and again this is breaking news, so we don't 39 00:02:02,760 --> 00:02:04,040 Speaker 2: know how this is going to shake out in all 40 00:02:04,040 --> 00:02:06,560 Speaker 2: the specific details. What do we do with all the 41 00:02:06,600 --> 00:02:09,519 Speaker 2: tariffs that we collected? Right? How do you refund on that? 42 00:02:10,160 --> 00:02:11,840 Speaker 2: I mean it's a total mess. I'll give you a 43 00:02:11,840 --> 00:02:14,320 Speaker 2: perfect example of it. I run a small business and 44 00:02:14,360 --> 00:02:17,480 Speaker 2: I have a lot of customers in Canada, and since 45 00:02:17,560 --> 00:02:19,639 Speaker 2: last year, I've been selling a lot of items to Canada. 46 00:02:19,960 --> 00:02:21,639 Speaker 2: They've been paying tariffs on all of that. 47 00:02:22,000 --> 00:02:23,760 Speaker 1: So now you're going to have to pay those back. 48 00:02:23,880 --> 00:02:26,280 Speaker 2: But I never saw that money. The money didn't ever 49 00:02:26,320 --> 00:02:28,760 Speaker 2: come to me on that. And again the same thing. 50 00:02:28,800 --> 00:02:30,799 Speaker 2: They're going to be small businesses in other areas that 51 00:02:30,880 --> 00:02:33,080 Speaker 2: had to absorb these tariffs, and how are they going 52 00:02:33,160 --> 00:02:36,400 Speaker 2: to get that back, Not to mention these large international 53 00:02:36,400 --> 00:02:38,880 Speaker 2: companies that have been absorbing all of these tariffs. This 54 00:02:38,919 --> 00:02:41,200 Speaker 2: is going to be a mess to clean up. 55 00:02:41,320 --> 00:02:45,760 Speaker 1: Well, it does reinforce the ruling constitutional principle that the 56 00:02:45,800 --> 00:02:48,400 Speaker 1: power belongs to the lawmakers, not one person in the 57 00:02:48,400 --> 00:02:53,400 Speaker 1: White House, and even strong presidents need clear authority from Congress. 58 00:02:53,760 --> 00:02:56,080 Speaker 1: And it's a lesson for both parties going forward. 59 00:02:56,200 --> 00:02:59,320 Speaker 2: Absolutely, both parties have been terrible at this over the 60 00:02:59,400 --> 00:03:03,880 Speaker 2: last several decades. Congress has completely abdicated so much of 61 00:03:03,919 --> 00:03:06,919 Speaker 2: their authority and given it over to the president. Democrats 62 00:03:06,960 --> 00:03:09,359 Speaker 2: have done it and Republicans have done it. The president 63 00:03:09,440 --> 00:03:12,000 Speaker 2: was never ever supposed to be this powerful, and go 64 00:03:12,080 --> 00:03:15,520 Speaker 2: back forty or fifty years, presidents weren't this powerful. Look, 65 00:03:15,600 --> 00:03:18,440 Speaker 2: Jimmy Carter talks about this all the time. He had 66 00:03:18,480 --> 00:03:21,600 Speaker 2: trouble dealing with both Republicans and Democrats when he was 67 00:03:21,639 --> 00:03:23,760 Speaker 2: president and had a lot a real hard time getting 68 00:03:23,800 --> 00:03:27,840 Speaker 2: anything that he wanted done. But since then Congress has 69 00:03:27,880 --> 00:03:30,920 Speaker 2: basically just said, hey, President, do whatever you want to do. 70 00:03:31,040 --> 00:03:33,119 Speaker 2: It's fine, it's cool with us. And the Supreme Court 71 00:03:33,160 --> 00:03:35,880 Speaker 2: has finally said, no, we've got three equal for its 72 00:03:36,040 --> 00:03:37,840 Speaker 2: separate branches of government. 73 00:03:37,960 --> 00:03:41,680 Speaker 1: Yeah, fraud use of emergency powers rejected from the Supreme 74 00:03:41,760 --> 00:03:42,040 Speaker 1: Court