S8 Ep573: 15. Richard Epstein (Civitas Institute) criticizes President Trump’s trade policies and tariff investigations, arguing they cause severe domestic economic dislocation. He highlights the legal uncertainty businesses face regarding tariff refunds and the po
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 12 March 2026
⏱️ 15 minutes
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Summary
15. Richard Epstein (Civitas Institute)criticizes President Trump’s trade policies and tariff investigations, arguing they cause severe domestic economic dislocation. He highlights the legal uncertainty businesses face regarding tariff refunds and the potential for prolonged litigation. (15)
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Transcript
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| 0:00.0 | I'm John Batchel. I welcome Professor Richard Epstein. He's at the Civitas Institute, the University of |
| 0:21.9 | Texas at Austin. He also teaches law at NYU in the University of Chicago. The war fighting |
| 0:27.4 | continues all around us in the Middle East, and in Israel and in Ukraine. At the same time, we're |
| 0:33.7 | dealing with a story that dominated the news this last year since the Liberation Day of |
| 0:39.7 | April 2025. |
| 0:42.1 | And it's now back... |
| 0:43.3 | Thank you, Richard. |
| 0:44.8 | It's now back in the news because the Trump administration can chew gum and chew gum at the same time. |
| 0:51.3 | I deliberately mangled the metaphor because it's not clear that this is all |
| 0:54.6 | going well. But in any event, there are decisions that must be made about what state or what trade |
| 1:02.2 | matter is not in compliance with our rules. And you go to court to find it. And here's a headline |
| 1:08.7 | that sends us on our way. Trump targets industrial |
| 1:12.9 | subsidies in forced labor and tariff probes. This is the Wall Street Journal. I read, |
| 1:18.7 | investigations under Section 301 of the Trade Act of 1974 will take aim at what the U.S. |
| 1:25.0 | deems as unfair trade practices. It has a photograph of the |
| 1:29.3 | President coming out of Air Force One with his usual extremely unhappy look on his face and a very |
| 1:35.2 | long purple tie to introduce us to the tariff wars one more time. Richard, this was expected. |
| 1:43.0 | Is it likely to come to a quick conclusion, or are we going |
| 1:46.4 | into courts again, and we have to wait for the courts to decide? Good evening to you. |
| 1:51.2 | But we're certainly going to have to go to court, but everybody's willing to do so. |
| 1:54.9 | The president's position with respect to Taras and Raipa was generally wholly incorrect, |
| 1:59.7 | but this case is even worse. The poor man |
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