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Trump’s Presidency Is In Chaos After Tariffs Struck Down
Manage episode 503469614 series 3085725
If anything has defined Donald Trump's second term as president, it is his use of tariffs to bully the world into giving the US highly unequal trade deals. He has used tariffs as an economic bludgeon, but also a political punishment weapon - targeting India and Brazil for political, not economic, reasons. Well, now it is all up in the air as the appeals court has confirmed that all of it was Trump exceeding his powers and authority. Now he is left dangling for months waiting for the Supreme Court to rule - and if it upholds the decision against him, all those tariffs will have to be paid back. And that will leave Trump looking ridiculous before the world, and his administration in total chaos. Let's discuss.
413 episodes
Manage episode 503469614 series 3085725
If anything has defined Donald Trump's second term as president, it is his use of tariffs to bully the world into giving the US highly unequal trade deals. He has used tariffs as an economic bludgeon, but also a political punishment weapon - targeting India and Brazil for political, not economic, reasons. Well, now it is all up in the air as the appeals court has confirmed that all of it was Trump exceeding his powers and authority. Now he is left dangling for months waiting for the Supreme Court to rule - and if it upholds the decision against him, all those tariffs will have to be paid back. And that will leave Trump looking ridiculous before the world, and his administration in total chaos. Let's discuss.
413 episodes
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