Let's talk about Trump's tariffs being invalidated....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 30 May 2025
⏱️ 4 minutes
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Let's talk about Trump's tariffs being invalidated....
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| 0:00.0 | Well, howdy there, Internet people. It's Bell again. So today, we're going to talk about Trump's |
| 0:08.2 | tariffs being invalidated. About two weeks ago, we talked about a case against Trump's tariffs |
| 0:15.7 | in the U.S. Court of International Trade. This was the one where the judge asked about Trump declaring a peanut |
| 0:22.9 | butter emergency to justify his tariffs. The court was facing what was likely to be the most |
| 0:29.5 | consequential decision it would ever face because trillions in international trade were on the line |
| 0:36.1 | and would be directly affected by the decision. |
| 0:39.7 | They came to their decision and invalidated Trump's Liberation Day tariffs. |
| 0:45.6 | Trump justified those tariffs by citing the 1977 International Emergency Economic Powers Act, |
| 0:53.8 | known as the IEEPA. The court wrote plainly, |
| 0:58.9 | quote, the worldwide and retaliatory tariff orders exceed any authority granted to the president |
| 1:05.9 | by IEPA to regulate importation by means of tariffs. |
| 1:12.5 | When we talked about it before, we noted how the case really hinges on congressional |
| 1:18.1 | intent and whether Congress actually meant to or even could give the President basically |
| 1:24.9 | unchecked power over tariffs, when the Constitution explicitly |
| 1:29.1 | gives the power over tariffs to Congress. The court definitely didn't take the position |
| 1:35.4 | Trump wanted, writing, quote, because of the Constitution's express allocation of the tariff |
| 1:42.2 | power to Congress, we do not read IEEPA to delegate an |
| 1:48.1 | unbound tariff authority to the president. We instead read IEEPA's provisions to impose meaningful |
| 1:56.0 | limits on any such authority it confers. The White House responded to the decision by promising to appeal and saying, quote, |
| 2:06.2 | it is not for unelected judges to decide how to properly address a national emergency. |
| 2:13.1 | It's worth noting that all federal judges are appointed, not elected. |
| 2:18.5 | The three judges on the panel in question were appointed by Reagan, Obama, and, well, Trump in his first term. |
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