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Speaker 1: Legal stu, legal staff, crime punishment judges, legal stuff, legal staffs.

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Speaker 2: Supreme Court handed Trump a loss today by a six

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Speaker 2: to three vote. The Supreme Court struck down the tariffs

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Speaker 2: that Donald Trump was implementing for the United States against

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Speaker 2: other countries. It was Justice as Clarence Thomas, Alito, and

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Speaker 2: Cavanol that were the three that dissented. So long story

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Speaker 2: short here Trump used this nineteen seventy seven Act to

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Speaker 2: justify the tariffs. Well, the Supreme Court came out and said, look,

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Speaker 2: this seventy seven Act means that the president has the

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Speaker 2: ability to regulate imports, but not put on tariffs because

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Speaker 2: that's considered a tax yep and therefore that has to

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Speaker 2: go through Congress.

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Speaker 3: Revenue raising taxation. And that's what they're saying. So it's

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Speaker 3: a check on presidential powers. I don't know if I

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Speaker 3: agree with it, but the economy seems to be doing

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Speaker 3: very well right now under what Donald Trump is doing.

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Speaker 2: One of the legal analysts at Fox is Shannon Breen.

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Speaker 4: Initially, what it says, we know it's authored the primary

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Speaker 4: opinion by the Chief Justice and says essentially that this AEPA,

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Speaker 4: this law that grants the president emergency powers did not.

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Speaker 4: It looks like by this first blush reading by Justice

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Speaker 4: the Chief Justice here does not give him the power

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Speaker 4: to levy these terrorists that he's levy. The part of

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Speaker 4: this initial opinion says the words regulate an importation. The

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Speaker 4: President says that gives him the independent power to impose

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Speaker 4: tariffs on imports from any country, any product, any rate, anytime.

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Speaker 4: These words, it says, cannot bear such weight.

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Speaker 2: So unlike others court rulings, this isn't the end all

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Speaker 2: to be all on tariffs. If Donald Trump wanted to,

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Speaker 2: he could try to find another loophole, but it would

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Speaker 2: probably take at least up to a year, maybe longer

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Speaker 2: to get that out there, line it all up, get

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Speaker 2: it to the point to where he wants to implement it.

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Speaker 2: So this was a pretty big setback for Trump. Here

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Speaker 2: is legal expert Jonathan Turley.

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Speaker 5: It is indeed, and this is what some of us predicted.

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Speaker 5: This was a case where the administration was at a disadvantage.

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Speaker 5: AJIPA does not refer to tariffs, and tariffs are a

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Speaker 5: big deal under the Constitution. It's a critical form of

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Speaker 5: revenue that is left to Congress. And I thought that

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Speaker 5: the administration did a terrific job in front of the

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Speaker 5: Supreme Court. They could not have argued this case veteran

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Speaker 5: my view, but you can't really escape that language. And

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Speaker 5: right out of the bat when that oral argument began,

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Speaker 5: the Chief Justice John Roberts said, this is a tax.

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Speaker 5: And you can almost hear the administration gulping because that's

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Speaker 5: not what they wanted the justices to take from their argument.

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Speaker 5: But Roberts and others clearly view this as a tax

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Speaker 5: that rests with Congress.

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Speaker 3: Yeah, get raise taxes unless it's through Congress. And that's

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Speaker 3: what they're saying these tariffs do.

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Speaker 2: Now, what's interesting here is that it sounds like refunds

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Speaker 2: are going to have to be given to the countries

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Speaker 2: that have been hit with the tariffs. So what's that

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Speaker 2: going to do to the economy. Already, we've learned that

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Speaker 2: when the government shutdowns take place, it's not ideal for

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Speaker 2: the economy. No, we just got a great jobs report,

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Speaker 2: we got a great GDP report, the forecast looks great.

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Speaker 2: But here comes government shutdown, albeit a partial it's here

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Speaker 2: and now refunds having to be given on the tariffs.

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Speaker 2: I don't want anything to get squirrely with what appears

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Speaker 2: to be some positive momentum with his economy right now,

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Speaker 2: and the refunds process is going to be a pain

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Speaker 2: in the butt. It really is.

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Speaker 5: Now.

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Speaker 2: What I thought was interesting, Nige was that Rand Paul

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Speaker 2: came out and it's his understanding that, all right, if

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Speaker 2: this is the rule of law, if this is how

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Speaker 2: it is, that means if a socialist is ever elected president,

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Speaker 2: they can't just implement their socialism without the approval of Congress.

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Speaker 2: So if AOC or Bernie or Mam Domi, if you

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Speaker 2: ever wanted to run for the White House, if they

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Speaker 2: were ever to be elected, they couldn't just snap their

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Speaker 2: fingers and say, hello, socialism. It's got to be through Congress.

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Speaker 3: They could if they would, or they would if they

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Speaker 3: could one hundred percent