meta_pixel
Tapesearch Logo
Log in
It's Complicated

Episode 116 | EXPOSED: Trump’s Tariffs Spark Stock Market MELTDOWN

It's Complicated

Renato Mariotti

News, News Commentary, Politics

4.81K Ratings

🗓️ 7 April 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

In today's all-new episode, our hosts Renato Mariotti and Asha Rangappa discuss the legality of Donald Trump's global tariffs, and the seismic fallout for Americans as the tariffs roil the stock markets and people's 401Ks. Make sure to subscribe to our Patreon: patreon.com/reallyamericanmedia. The episode highlights a crucial but often overlooked point: the power to regulate commerce and impose tariffs rests with Congress. Our hosts explain that this authority has been extended to the President occasionally, they stress how the boundaries of such must be recognized.  We’ll break down the limitations of the President’s authority to impose tariffs, especially when viewed through the lens of the International Emergency Economic Powers Act (IEEPA) and the National Emergencies Act.  In the courts, Trump's tariffs are being challenged by the right-wing National Civil Liberties Alliance. The lawsuit raises critical questions about executive orders and the delegation of congressional powers. Asha and Renato explore these legal intricacies, diving into what this means for the balance of power between Congress and the Executive. We walk through the chaos that tariffs have wreaked on the U.S. economy, including the alarming drops in the S&P 500. They question the declared "national emergency" that the tariffs aim to address, pointing out how far removed these actions seem from reality. Renato explores judicial scrutiny and discusses whether courts will back the President's bogus claim of a national emergency.  He also examines the potential implications for US justice if these tariffs remain unchecked. Our hosts urge Congress to reassess and retract its delegations that grant Trump such expansive powers. And we remind listeners of what’s at stake, with a dire warning against complacency.  Be sure to tune in next time to It’s Complicated, where we tackle the issues that can’t be boiled down into simple soundbites.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The Admiral spots the Greens. They're doing up their house.

0:04.0

Need a hand with anything?

0:05.0

No, no. Once the solar panels are up, our eco-transformation is complete.

0:10.0

We've even bought a new electric car.

0:12.0

Green? To match the house?

0:14.0

Yeah, it looks fab. But why are we whispering?

0:17.0

We're trying to reduce our noise pollution.

0:20.0

Admiral is as committed as the Greens in covering your switch to electric.

0:24.5

Get a quote now for your electric car and more.

0:27.2

Admiral Insurance.

0:28.5

Always looking out for you.

0:30.6

This episode is brought to you by Simplysafe.

0:33.5

From your family and pets to your favourite collectibles.

0:36.4

Protect what matters to you with Simpliceaf home security.

0:40.1

Systems start at less than £200 with a DIY setup approach that takes less than an hour to complete.

0:46.3

For ultimate security, you can even get unlimited private guard response with the pro-premium plan.

0:52.1

Learn more at simplysafe.co.com.uk slash podcast.

0:56.0

T's and C's apply.

1:00.3

So, Asha, are Trump's tariffs legal?

1:05.3

Eh, it's complicated.

1:12.2

I'm Asha Rangappa.

1:13.8

I teach national security law at Yale University.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Renato Mariotti, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Renato Mariotti and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.