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Background Briefing with Ian Masters

February 22, 2026 - Justin Wolfers | David Cay Johnston | Alexander Cooley

Background Briefing with Ian Masters

Ian Masters

News

4.7622 Ratings

🗓️ 22 February 2026

⏱️ 62 minutes

🧾️ Download transcript

Summary

Trump's Tariff Meltdown and What the Supreme Court Ruling Does and Doesn't Do | In a Plea Deal Could Former Prince Andrew Implicate Others Including Trump? | "The Age of Kleptocracy: Geopolitical Power, Private Gain" backgroundbriefing.org/donate twitter.com/ianmastersmedia bsky.app/profile/ianmastersmedia.bsky.social facebook.com/ianmastersmedia linktr.ee/backgroundbriefing

Transcript

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0:00.0

Hello and welcome to Background Briefing, available 247 at Background Briefing.org, I'm Ian Masters, and today we'll examine a number of stories and issues in the news.

0:21.2

We'll begin with Trump imposing global tariffs of 15% in response to a Supreme Court ruling

0:26.7

striking down his Liberation Day tariffs in a 63 ruling that prompted a meltdown from

0:33.3

our megal manchild, who accused the court's three conservatives who rebuked him of being

0:39.4

rhinos and its three liberals who joined them of being radical left lunatics. Joining us to discuss

0:46.5

what the ruling does and does not do is Justin Wolfers, a professor of public policy and economics

0:52.2

at the University of Michigan, and a visiting professor of economics at the University of Sydney.

0:57.0

He is also a research associate with the National Bureau of Economic Research, a non-resident senior fellow at the Brookings Institution,

1:04.0

a non-resident senior fellow at the Peterson Institute for International Economics, as well as a research fellow with the Institute for the Study of Labor in

1:11.4

Bonn, a research affiliate with the Center for Economic Policy Research in London, an international

1:16.9

research fellow with the Kiel Institute for the World Economy, and a fellow at CSFO in Munich.

1:24.0

Then we'll assess whether the arrest of former Prince Andrew might involve a plea

1:29.0

bargain which could lead him to naming names, including Trump's, to avoid a jail sentence.

1:36.0

Joining us at David K. Johnson, a Pulitzer Prize winning investigative reporter and best-selling

1:40.4

author of The Making of Donald Trump. A 13-year veteran of the New York Times,

1:45.2

his latest book is The Big Cheat, How Donald Trump Fleeced America and enriched himself

1:49.6

in his family. He's also a professor at the Rochester Institute of Technology, and the co-founder

1:56.0

of DCReport.org, where his latest article we will discuss is the ex-prince and the president.

2:03.6

Then finally we'll speak with Alexander Cooley, the former director of Columbia University's

2:09.0

Harriman Institute for the Study of Russia, Eurasia and Eastern Europe, and the Clare Toe

2:14.6

Professor of Political Science at Barnard College of Columbia University.

2:18.3

His books include Great Games, Local Rules, The New Great Power Contest in Central Asia,

...

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