Let's talk about Trump’s loss at the Trade Court....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 7 March 2026
⏱️ 4 minutes
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Summary
Let's talk about Trump’s loss at the Trade Court....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's bell again. |
| 0:05.0 | So today, we're going to talk about Trump's loss at the trade court. |
| 0:12.0 | About two weeks ago, Trump's Liberation Day tariff scheme that he tried to enact under the |
| 0:19.0 | 1997 International Emergency Economic Powers Act, |
| 0:24.5 | got knocked down by the Supreme Court. |
| 0:27.6 | Then on Monday, a federal appeals court declined to delay implementation of the order, |
| 0:33.9 | which opened the door for the U.S. Court of International Trade to step in. |
| 0:39.9 | The Trump administration was asking for a three-month delay that the court saw no reason to give them. |
| 0:47.7 | Well, Judge Richard Eaton of the U.S. Court of International Trade wasted no time in ruling that Trump had to pay back the money |
| 0:56.6 | that Skoda said he unlawfully taxed from Americans. It's going to be a lot of money. The federal |
| 1:04.7 | government took in about $130 billion from the unlawful tax on Americans. But according to the Penn Wharton budget model, |
| 1:14.2 | are probably going to have to make refunds in the amount of $175 billion. And this is how you |
| 1:21.8 | bankrupt a casino people. Dan Anthony, who is the executive director of We Pay the Tariffs, said, quote, |
| 1:30.8 | This is a victory for small businesses who have paid billions in unlawful tariffs and deserve their money back. |
| 1:38.5 | The court acted swiftly and correctly. |
| 1:41.7 | Now the ball is in the government's court, and small businesses are concerned |
| 1:46.1 | they will drag this out further. Americans in small businesses, while they might have concerns |
| 1:54.0 | Trump is going to try to further harm their businesses, were ecstatic about the ruling. A whole bunch of major companies like Bowson-Lam, Dyson, and FedEx have already filed suit, |
| 2:08.3 | and some companies have promised refunds to clients. |
| 2:12.2 | But the reason small businesses are so happy is because of some specific wording in the ruling that |
| 2:19.3 | should theoretically streamline some things and something the judge said during the hearing, |
| 2:25.8 | which was quote, we want to work out a method by which those importers can make a claim |
... |
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