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The Dispatch Podcast

What Comes Next for Trump’s Tariff Agenda?

The Dispatch Podcast

The Dispatch

News, Politics

4.63.3K Ratings

🗓️ 24 February 2026

⏱️ 58 minutes

🧾️ Download transcript

Summary

Steve Hayes is joined by Scott Lincicome, Mike Warren, and John McCormack to discuss the recent Supreme Court decision on tariffs and what it could mean for the U.S. economy and for American politics ahead of the 2026 midterms. Plus: embarrassing concert confessions.The Agenda:—Justice Gorsuch’s opinion—Why tariffs aren’t going away—The weak IEEPA case—Lincicome’s law—The fight over refunds—How tariffs will shape the midtermsShow Notes:—Justice Gorsuch’s opinion—Why Trump’s Section 122 Tariffs Are Illegal—Trump Tariffs: Tracking the Economic Impact of the Trump Trade War—Where Dems Affordability Message Goes Next The Dispatch Podcast is a production of ⁠⁠⁠⁠⁠⁠The Dispatch⁠⁠⁠⁠⁠⁠, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch’s offerings—including access to all of our articles, members-only newsletters, and bonus podcast episodes—⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠. If you’d like to remove all ads from your podcast experience, consider becoming a premium Dispatch member ⁠⁠⁠⁠⁠⁠by clicking here⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Dispatch podcast is presented by Pacific Legal Foundation, suing the government since 1973.

0:07.3

Welcome to the dispatch podcast. I'm Steve Hayes, joined today by my dispatch colleagues Mike Warren and John McCormick,

0:14.4

and dispatch contributors, Scott Linsicum, who is the vice president for general economics at the Cato Institute

0:19.6

and the author of the dispatch's

0:21.5

capitalism newsletter. On this week's roundtable, we'll discuss the massive Supreme Court

0:27.1

decision on tariffs. It's meaning for the economy, for separation of powers, for our legal system,

0:32.7

and for our politics ahead of the 26 midterm elections. And finally, this week's not worth your time takes

0:39.0

us down a nostalgic road for a discussion about our first concerts. Before we get to today's

0:44.7

conversation, please consider becoming a member of the dispatch. You'll unlock access to bonus podcast

0:49.9

episodes and all of our exclusive newsletters and articles. You can sign up at the dispatch.com

0:55.1

slash join, and if you use the promo code roundtable, you'll get one month free. And if ads aren't

1:00.6

your thing, you can upgrade to a premium membership. No ads, early access to all episodes,

1:06.5

two free gift memberships to give away, exclusive halls with the founders and much more. Without

1:12.7

further ado, let's dive in. Gentlemen, welcome to the conversation.

1:32.4

Scott Lincolcum.

1:33.5

Friday had to be just about the best day in a long time for you.

1:40.0

And we'll come to you in just a moment to explain why and to explain, you know, what you've

1:45.8

been doing for those people who are not yet reading capitalism at the dispatch. And I don't

1:50.3

think there are many, really, in the country or in the world. We'll let you take us through

1:54.1

why that is. But I want to start with you, Mike. Can you give us just a quick overview of the

1:59.7

news from Friday and what happened?

2:02.9

Supreme Court came out with their decision.

...

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