The Daily Blast: Trump Wrecks His Own Case for Tariffs as Bizarre SCOTUS Rant Backfires

The DSR Network

Chris Cotnoir

Government

4.5 • 1.7K Ratings

🗓️ 12 November 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Signs are mounting that the Supreme Court might invalidate President Trump’s tariffs, and he’s clearly on edge about it. Trump just vented wildly about the case on Truth Social, but he made a mess of it: In one rant, he claimed his tariffs have pulled in $2 trillion in revenues. In a second rant only hours later, that number suddenly ballooned to $3 trillion. We think this badly undermines Trump’s case: It shows how reckless and blundering the tariffs truly are, while vividly demonstrating how uncontrollably he lies about their impact and implementation. To unravel all this, we talked to Alex Jacquez of the Groundwork Collaborative, who served as a trade adviser under President Joe Biden. He explains the deeper incoherence underlying Trump’s self-defeating tirades, digs into why even some conservative justices are looking askance at his tariffs—though with this court you never know—and outlines the looming fiascos we face no matter which way the court rules. Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Daily Blast from the New Republic, produced and presented by the DSR Network.
0:16.5	I'm your host, Greg Sargent.
0:34.4	President Trump is now claiming he'll pay $2,000 to every American out of the money collected in revenues from his tariffs,
0:37.4	a plan widely panned by experts as a joke. This comes even as signs mount that the
0:40.5	Supreme Court might strike the tariffs down. Now Trump has made all this worse by issuing two
0:46.6	new public statements about the tariffs. In one, he claimed his tariffs have pulled in two
0:51.6	trillion dollars in revenues, and the other, that number suddenly
0:55.4	ballooned to $3 trillion. We think Trump badly damaged his case with this absurdity, because
1:01.8	it underscores yet again just how reckless and blundering his handling of the tariffs has
1:06.7	been all throughout. However, all this turns out in coming weeks, we're looking at a pretty
1:11.4	serious fiasco ahead, and here to help us work through this mess is Alex Hakez of the
1:16.8	Groundwork Collaborative, a trade advisor under Joe Biden. Alex, thanks for coming on, man.
1:22.5	Thanks for having me, Greg. So just to set the table here, Trump claims he wants to send
1:27.4	$2,000 to every American out of the tariff revenues, but experts are saying it's really fanciful.
1:34.0	There's no way you could possibly have that amount of money in the revenues.
1:37.6	Can you quickly bring us up to speed on that and also on what the Supreme Court is about to decide?
1:43.1	Sure thing.
1:48.0	So Trump has taken to his favorite policymaking forum, Truth Social,
1:54.4	to make yet another guarantee that Americans are going to receive dividend checks from the revenues collected by tariffs. I'm old enough to remember the last time this happened, I think in the
1:58.4	spring when it was $5,000 checks, those never
2:01.2	materialized. The Republicans in Congress passed a tax bill with a number of tax changes. They also
2:07.7	didn't send any checks. So I'm very skeptical. Of course, there's not a lot of data out there
	...

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