Business Rundown: Larry Kudlow Slams 'Stupid' Tariff Ruling

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 20 February 2026

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

After months of deliberation, the Supreme Court has struck down a key element of President Trump’s economic agenda: his sweeping use of tariffs. The High Court’s decision blocks the administration’s strategy of using the International Emergency Economic Powers Act (IEEPA) to impose levies on global trade partners. Former National Economic Council Director and host of FOX Business Network’s Kudlow, Larry Kudlow, joins Gerri Willis to react to the ruling, its disruption of the administration’s economic roadmap, and the ultimate impact on American consumers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0:59.8	I'm Jerry Willis, and this is the Fox Business Rundown.
1:08.5	Friday, February 20th, 2026.
1:12.0	A massive ruling from the Supreme Court delivers a blow to the president's trade agenda.
1:16.6	He just wants a world where tariff rates and non-tariff barriers and government subsidies are equal.
1:26.4	That's the world he wants. For months, President Trump has called
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