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Guaranteed Human.

Cool Zone Media.

Welcome to Ika Rappan here, a podcast about tariffs and how to justify them.

I am your host, Mia Wong.

And today we are talking about tariffs, the Supreme Court ruling,

and how Trump is manufacturing a crisis to justify the next set of tariffs that he has imposed.

Oh, boy. So, all right, to recap, our last tariff segment. So people understand what I'm talking about when I talk

about the Supreme Court ruling from a few weeks ago. So Trump had been claiming the ability to do

tariffs under the International Emergency Economic Powers Act, an act that famously never says the word

tariff. And the Supreme Court was like, no, actually, the International

Economic Powers Act does not give you the power to levy tariffs, a thing that it does not say

that you can do. So Trump got extremely mad about this, and he imposed a 10% tariff across the board

using a different law, as he said he was going to do.

Now, this 10% across the board tariff was run through Section 122 of the Trade Act of 1974.

We're going to get into that.

Okay, so he imposes a 10% tariff using this, like, different authority from Section 122.

And the next day, he goes, I'm going to raise the tariff rate to 15%.

And this is the tariff rate on the entire world.

But then he just forgot to do it because he got distracted by, I think, invading Iran.

So he has never actually, you know, raised the tariff rate to 15%, which he said that he had done.

So it's now just at 10% on the entire world instead of, you know, all of the sort of individual

...