NPR.

Yesterday morning, the Supreme Court dropped an economic bombshell.

In a six to three decision, it struck down a huge portion of the tariffs President Trump imposed over the past year.

The court says the Trump administration has been relying on a law that doesn't actually give

him authority to levy tariffs. The Supreme Court's ruling on tariffs is deeply disappointing.

President Trump at a news conference yesterday.

And I'm ashamed of certain members of the court,

absolutely ashamed for not having the courage

to do what's right for our country.

This decision has big consequences for the economy.

So what happens next?

That is what we're talking about in this special bonus episode of The Indicator from Planet Money.

I'm Daryan Woods. And I'm Adrienne Ma. After the break, a trade lawyer will help us break down the court's decision.

And we'll talk with a small business owner about what he's hoping will happen next now that

tariff refunds might be on the table.

So can you tell me just how you're feeling this morning?

I appreciate you asking.

You know, I am feeling fine. To help us unpack the Supreme Court's

decision, we reached out to Ted Murphy. He's a lawyer for the law firm Sidley Austin, where he

specializes in global trade. Going to the decision, this big comes down for somebody like you.

Are you sort of like a kid on Christmas morning? And you're like, I can't wait to tear open the box and see what's inside. Yeah. Yeah. Although I guess I will say, I mean, yes,

while there is a little bit of that sort of opening a present on Christmas morning, reading the opinion,

...