Hello and welcome to the GZero World Podcast.

This is where you can find extended versions of my conversations from public television.

I'm Ian Bremmer, and in late February, the Supreme Court struck down the core of President

Trump's economic agenda.

The court ruled that Trump lacked the authority to impose tariffs simply by declaring a national emergency.

The six-three majority ruling included conservative justices, two of whom Trump appointed himself.

At a moment when many Americans have questioned whether the courts would constrain executive power, this was a rebuke.

Within hours of the decision, the administration invoked a different statute, Section 122 of the 1974 Trade Act, to impose a new across-the-board

tariff. And in his State of the Union address, the president made clear he had no intention of backing

away from tariffs

as a central pillar of U.S. economic policy.

And as time goes by, I believe, that tariffs paid for by foreign countries will, like in the

past, substantially replaced the modern-day system of income tax, taking a great financial burden off the people that I love.

So what has actually changed? Is this a real check on presidential power? Well, companies get refunds

for tariffs. The court says were illegally collected. And what does all of this mean for the U.S.

economy heading into midterm elections?

Joining me to discuss are Scott Linsicokeme of the Cato Institute and Nobel Prize-winning economist, Paul

Corkman. Let's get to it. Paul Grubman, Scott Linscomb, thanks so much for joining us on G0 World.

Thanks for having us on.

Yeah, thank you.

Plenty to talk about here, of course, the big news is how do we think about

U.S. trade policy on the back of the Supreme Court ruling. I take it that this outcome was

...