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Speaker 1: Blash a federal appeals court ruling President Trump's tariffs can't

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Speaker 1: stay in place for now, temporarily pausing last night's ruling

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Speaker 1: by the US Court of International Trade that had blocked

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Speaker 1: most of the President's sweeping tariffs and given the White

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Speaker 1: House just ten days to unwind them.

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Speaker 2: Three judges of the US Court of International Trade disagreed

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Speaker 2: and brazenly abused their judicial power to usurp the authority

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Speaker 2: of President Trump to stop him from carrying out the

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Speaker 2: mandate that the American people gave him.

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Speaker 1: President Trump relied on emergency powers outlined in a nineteen

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Speaker 1: seventy seven law to enact many of his tariffs, but

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Speaker 1: the court said that use is impermissible, not because it

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Speaker 1: is unwise or ineffective, but because that law does not

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Speaker 1: allow it. Small businesses in a dozen states had filed

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Speaker 1: the lawsuits.

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Speaker 3: It's just been surreal.

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Speaker 1: Victor Schwartz is the lead plaintiff and the founder of

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Speaker 1: VOS Selections, a small New York based wine company.

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Speaker 4: The tariffs are cash flow killer, a particularly impactful for

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Speaker 4: a small business. This kind of uncertainty, it's terrible for business.

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Speaker 3: It's impossible. You're just guessing.

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Speaker 1: The president still has other means of imposing terrorists on

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Speaker 1: imported goods, and the White House says it will keep

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Speaker 1: negotiating with other countries to produce trade barriers on American

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Speaker 1: products despite the uncertainty.

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Speaker 3: Well, look, I think they don't know what to make

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Speaker 3: of it.

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Speaker 4: Obviously, they're not experts in on a legal system. They

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Speaker 4: don't understand what laws the president can and cannot invoke

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Speaker 4: when it comes to these terrorists. And what they've seen is,

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Speaker 4: you know, on any given day, the bottom line seems

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Speaker 4: to be the opposite was the day before, whether because

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Speaker 4: of legal challenges or because the President himself right just

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Speaker 4: the other day he said fifty percent tariffs on European

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Speaker 4: and Neon Woops a day later, no, let's not do that.

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Speaker 4: Even this ruling that got stayed today didn't cover certain

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Speaker 4: tariffs on automobiles and others that were invoked under a

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Speaker 4: different law. So I think it's very confusing for trading partners,

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Speaker 4: and they don't know where it's going to end up.

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Speaker 3: And because you don't know where it's going to end.

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Speaker 4: Up, like your wine dealer said in the interview earlier,

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Speaker 4: you don't know what kind of plans to make as

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Speaker 4: a business. You don't know what kind of plans to

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Speaker 4: make as a trading partner. You don't know what kind

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Speaker 4: of deals you need to make because you don't understand

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Speaker 4: exactly where the president might decide his policies could be.

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Speaker 3: You don't know where I stand.

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Speaker 4: The courts are going to allow him to do it well.

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Speaker 5: Free Journal Republican political and policy advisor Karl Rove warns

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Speaker 5: in a column titled Tariffs may cost the GOP in

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Speaker 5: twenty twenty six. He argues that the administration's tariff messaging

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Speaker 5: is a muddled mess, saying, quote, unless reciprocity the policy

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Speaker 5: that if countries lower their tariffs will lower hours. Unless

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Speaker 5: that prevails, the President's chaotic trade talk will badly damage

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Speaker 5: Republicans in the midterms. Rove goes on to point out

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Speaker 5: that in May seventeenth truth Social post, President Trump demanded

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Speaker 5: Walmart eat the tariffs. The president can blast all caps

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Speaker 5: posts all he likes, but inevitably, Rove says, parents will

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Speaker 5: be unhappy with his tariffs when it's time to outfit

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Speaker 5: the kids for school. The ten day deadline clock for

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Speaker 5: the administration to stop collecting nearly all the tariffs is ticking.

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Speaker 5: According to that court is the president going to defy

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Speaker 5: the court's order.

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Speaker 1: So there's so much show unpack there.

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Speaker 6: I'm standing here listen for about ten minutes like all

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Speaker 6: these things going on.

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Speaker 1: I mean, let's start with Carl Rove.

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Speaker 6: Carl Rove is the guy who lost to Georgia's two

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Speaker 6: Senate seats for US and his day has passed about

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Speaker 6: for a decade ago. He hates the tariffs, He hates

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Speaker 6: Donald Trump. Anything he says is totally discounted. And he

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Speaker 6: said the same stuff during the first term. He said

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Speaker 6: that consumers were going to eat the tariffs. They did not.

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Speaker 6: Shame on you, Carl Robe. When are you going to learn, sir?

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Speaker 6: With respect to the market you're talking about. You seem

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Speaker 6: to indicate that the markets were excited.

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Speaker 1: About this court ruling.

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Speaker 6: The fact that the matter is the market's flat today

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Speaker 6: on this ruling because nothing's really changed. But Ed should

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Speaker 6: have Ben could have added to his analysis was the

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Speaker 6: fact that the court itself said that the Trump administration

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Speaker 6: can accomplish the same things using different authorities under the

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Speaker 6: Bush or Obama or Biden to a bipartisan endeavor.

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Speaker 7: However, this administration, the Trump administration, the first time to

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Speaker 7: sort of vilify judiciary in this way, to put out names, photographs,

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Speaker 7: accuse them of being part of the deep state.

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Speaker 8: As we talked about yesterday when this news was breaking,

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Speaker 8: you know, suggesting that it was a judicial coup, that

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Speaker 8: this was something an effort to thwart not just the

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Speaker 8: will the presidency, but the people, and talking about it

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Speaker 8: in sort of incendiary terms that I don't worries quite

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Speaker 8: a few folks.

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Speaker 9: I think the theme of the last two stories that

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Speaker 9: we've been talking about are welcome to democracy, Welcome to

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Speaker 9: our system. It's not a judicial coup. Our system, for

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Speaker 9: as long as these short memoried people may or may

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Speaker 9: not remember, has been a three branch system of government

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Speaker 9: in which other branches have a say. And when you

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Speaker 9: go back to the Elon Musk story, it's the same

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Speaker 9: story he was.

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Speaker 2: He didn't just leave.

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Speaker 9: He's not just slipping out of Washington. He was chased

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Speaker 9: out of Washington by democracy, by people saying no, by

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Speaker 9: people protesting so much around his cars and dealerships that

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Speaker 9: he lost billions and billions of dollars, by people raising

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Speaker 9: their voices, by people filing lawsuits. And by the way,

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Speaker 9: you know, Donald Trump was saying, I think he wrote

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Speaker 9: he will always be with us.

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Speaker 3: That's something that Rev might say in a.

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Speaker 9: Eulogy for someone, so so he will always be with us.

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Speaker 9: I mean, you know, And I just want to say

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Speaker 9: we can tell the Elon story and this kind of

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Speaker 9: disciplining by democracy as a story of someone leaving. But

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Speaker 9: there is pain in the wake of these tariffs, and

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Speaker 9: there's pain in the wake of what Elon did. He

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Speaker 9: taught bringing the wood chipper to usaid. Brooke Nichols, Boston

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Speaker 9: University professor mathematician.

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Speaker 3: Figured out what is the effect of this.

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Speaker 9: They have a tracker three hundred thousand deaths according to

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Speaker 9: a Boston University professor because of the AID cuts so far,

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Speaker 9: two hundred thousand of them children. Okay, Vietnam War, y'all

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Speaker 9: remember that sixty thousand US service members died. This is

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Speaker 9: five times more deaths according to the Boston University study

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Speaker 9: because of AID cuts.

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Speaker 3: Since January of this year.

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Speaker 9: So Elon Musk is leaving, but he's also leaving a legacy.

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Speaker 9: But I think it's really important that people remember the

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Speaker 9: Court's work. Joe and I have been having a ten

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Speaker 9: year conversation about our institution standing up or not. The

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Speaker 9: Court's work still not perfectly the problems, but the courts work,

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Speaker 9: lawsuits work, and pressure works, and people raising their voice works.

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Speaker 9: And it's not just that Washington always wins. I think

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Speaker 9: the people always.

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Speaker 6: Win judiciary and Democrats filing lawsuits. This has got to stop,

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Speaker 6: by the way, this weaponization of the judiciary to stop

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Speaker 6: the trumpet to President Trump from doing what he promised

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Speaker 6: the American people, This has got to stop. It's the

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Speaker 6: people of America have the lowest level of confidence in

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Speaker 6: the American judiciary they've had in one hundred years, and

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Speaker 6: it's getting close to what they think about Congress. And

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Speaker 6: that's a little bar to here. How every time you

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Speaker 6: get a court position you don't like, you and your

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Speaker 6: colleagues come out here and rail against your seat. Who

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Speaker 6: is this guy?

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Speaker 1: Tell me who you are? Are?

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Speaker 2: I mean, Andrew Feinberg, I work for the Independent?

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Speaker 6: Okay, So that is such a bias question. That is

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Speaker 6: not a journalist question. That was like an op answer.

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Speaker 6: So I don't even respond to that. Who else has

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Speaker 6: got an intel?

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Speaker 4: Yes, Ma.

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Speaker 10: Brett, it seems highly inappropriate for the judicial sharing to

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Speaker 10: weigh it in here when the Senate had the opportunity

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Speaker 10: to override the President and didn't. So you know, in

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Speaker 10: terms of separation of powers, the Senator has chosen not

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Speaker 10: to exercise their powers, and the President absolutely has the

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Speaker 10: right to set the trade agenda for the US. We

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Speaker 10: are this administration is committed to fair trade and we

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Speaker 10: are striking the best deals for the American people, and

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Speaker 10: anything that the courts do to get in the way,

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Speaker 10: they both harms the American people in terms of trade

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Speaker 10: and in terms of tiff revenue.

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Speaker 11: Personal income is up eight tents, up eight tenths of percent.

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Speaker 3: That is almost.

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Speaker 12: Triple the expectations, and it underscores we could talk about

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Speaker 12: a lot of issues, but when you look at income

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Speaker 12: for the first four months of the year, they're powerful numbers. Joe,

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Speaker 12: up six tenths in January seven, it's in February, up

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Speaker 12: a half one percent last month, up eight tens this month.

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Speaker 12: This is a great four month start to any year

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Speaker 12: now with the income shooting up.

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Speaker 11: And by the way, a tenths is the strongest income

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Speaker 11: month over month jumps since May of twenty one when

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Speaker 11: it was one point nine.

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Speaker 3: This is the primal screen of a dying regime.

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Speaker 13: Pray for our enemies because we're going to medieval on

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Speaker 13: these people. You're not going to free shot all these

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Speaker 13: networks lying about the people.

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Speaker 3: The people have had a belly full of it. I

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Speaker 3: know you don't like garing that. I know you're trying

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Speaker 3: to do everything in the world to stop there, but

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Speaker 3: you're not going to stop it. It's going to happen.

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Speaker 5: And where do people like that go to share the

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Speaker 5: big line?

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Speaker 10: Mega media? I wish in my soul, I wish that

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Speaker 10: any of these people had a conscience.

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Speaker 3: Ask yourself, what is my task and what is my purpose?

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Speaker 4: If that answer is to save my country, this country,

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Speaker 4: say war.

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Speaker 3: Room, here's your host, Stephen Kba. It's Friday, thirty May,

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Speaker 3: year of EL twenty twenty five.

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Speaker 13: Magnificent cold open right there, you see the turmoil that

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Speaker 13: President Trump's policies. Room, Let's just go back. You got

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Speaker 13: three big lines of work. Number one is the stop

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Speaker 13: the kinetic part of the Third World War all the

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Speaker 13: way in that arc of instability from Kursk to Kiev,

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Speaker 13: down through the Mediterranean, Israel, Gaza, all the way to Persia,

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Speaker 13: the Red Sea, all of at President Trump trying to

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Speaker 13: do the heavy lift there.

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Speaker 3: But this is tied to trade.

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Speaker 13: Also, you got the deportations the court right now, and

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Speaker 13: this is important about tariffs yesterday. So what they've done

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Speaker 13: is challenged his article two powers as commander in chief.

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Speaker 13: Remember on the deportations back to Venezuela in Central America,

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Speaker 13: he's declared an emergency, a national emergency on an invasion,

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Speaker 13: and he says he can deport all these includes starting

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Speaker 13: with the bad Ombrace.

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Speaker 3: Right.

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Speaker 13: On trade, what they did is said we have a

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Speaker 13: national emergency because of one million fentanol deaths in human trafficking.

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Speaker 13: The subheading was about actual trade itself and the shipping

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Speaker 13: of jobs.

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Speaker 3: That's what the court did.

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Speaker 13: Yestually, the court took the entire argument on the emergency

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Speaker 13: of why he's going after Canada, Mexico and the Chinese

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Speaker 13: Communist Party and actually just dismissed it, completely, dismissed it.

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Speaker 13: As the courts are trying to dismiss about the invasion. Remember,

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Speaker 13: they had elked national intelligence estimate that Tulcy Gabbard caught

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Speaker 13: after was already leaked by the deep state people on

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Speaker 13: her staff, and she fired those folks in the staff.

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Speaker 3: Brennan went nuts.

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Speaker 13: But you can see this continuing constitutional crisis we're in.

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Speaker 3: It's not about to come. It's here.

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Speaker 13: It's got to be rectified by the end of June

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Speaker 13: before the Supreme Court goes home. We cannot have a

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Speaker 13: hundred days in the summer. Did they come back in

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Speaker 13: October unless this is dealt with and d C.

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Speaker 3: Draino.

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Speaker 13: You know, Rogan Ohanley's going to join with us later

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Speaker 13: in the show, as Mike Davis has.

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Speaker 3: I think Mike's calling in from Israel. He's on a

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Speaker 3: trip over there.

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Speaker 13: And about President Trump literally putting a shot across the

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Speaker 13: bow of Leonard Leo in the Federalist Society. People should

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Speaker 13: understand this thing is ramping up, and what President Trump

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Speaker 13: is doing and his team is doing across the board

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Speaker 13: is getting these were calcitrant Republican globalist the Carl Rose

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Speaker 13: of the world and the Leonard Leo's of the world

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Speaker 13: and giving them a head slap and saying either get

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Speaker 13: what the program or you're going to get off the program.

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Speaker 13: This is why Peter Navarro at the Sticks yesterday is

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Speaker 13: going off on Carl Rove. Of course in the globalist

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Speaker 13: controlled opposition Wall Street Journal, once again, stunningly, Carl rof

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Speaker 13: is out there, you know, whining about the midterms, whining

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Speaker 13: about the tariffs, whining about all of it. President Trump's

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Speaker 13: massive effort to bring manufacturer, high value added manufacturing jobs

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Speaker 13: back to the United States. Folks should understand two things here.

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Speaker 13: We told you this was going to be big, and

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Speaker 13: it's big. Go back to the seventh, eighth and ninth

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Speaker 13: of May, the eightieth anniversary of victory in Europe Day.

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Speaker 13: From the Russian perspective, you had luland Brazil.

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Speaker 3: You had Shi, and you had Putin.

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Speaker 13: All together, this goes back to twenty nineteen when President

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Speaker 13: Trump and Leitheiser and Jamison and Peter Navar and others,

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Speaker 13: Miller and myself worked for two years to get a

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Speaker 13: trade deal that was totally inextricably linked the Chinese Communist

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Speaker 13: Party to the global economy.

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Speaker 3: After two years of negotiation, after.

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Speaker 13: They had the one Belt in One Road conference in

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Speaker 13: Shanghai with Putin, the first one they had, they tore

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Speaker 13: it up and spit in our face and then Voilat

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Speaker 13: Ninety days later at the military Games in Wuhan, people

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Speaker 13: started getting sick.

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Speaker 3: President Trump was.

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Speaker 13: On a roll with a three percent growth rate in

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Speaker 13: his economy, no inflation, interest rate near all time lows.

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Speaker 3: This is what's happened here.

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Speaker 13: If you notice the Russian assault on Ukraine, and we're

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Speaker 13: all for ending this war immediately. We didn't want to

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Speaker 13: have it to begin in the first place. Derek Calcitrantz

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Speaker 13: at the table on a rack pro schmano Ukraine and

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Speaker 13: now the Chinese Commists Party told Besson, I don't know.

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Speaker 3: It's going to be a while before we meet.

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Speaker 13: Part of that is Harvard and chasing the chasing the

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Speaker 13: Chinese Commist Party guys from mainland China out of Harvard.

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Speaker 3: They're going to chase them out of every university in

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Speaker 3: the country. Report today.

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Speaker 13: Three hundred and fifty thousand Chinese students and engineering schools.

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Speaker 3: Artificial intelligence, all of it.

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Speaker 13: Eight hundred Americans in China, maybe mostly on languages and humanities.

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Speaker 13: They all got to go and they got to be

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Speaker 13: replaced by American students. Short commercial break, We're going to

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Speaker 13: get down to it today. Global economics, capital markets, all

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Speaker 13: of it.

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Speaker 3: Next America