Notable Oral-Argument Moments and Market Reactions

Can a president tax Americans at will under the guise of a national emergency? The Cato Institute's Scott Lincicome and Brent Skorup dissect the high-stakes Supreme Court battle over Trump’s “fentanyl tariffs,” the broadest assertion of trade power in modern U.S. history. They explore how the case could reshape executive authority, revive dormant constitutional doctrines, and determine whether Congress or the White House truly controls U.S. trade policy.

Show Notes:

https://www.cato.org/blog/emergency-tariff-refunds-theres-easy-way-very-hard-way

https://www.cato.org/blog/why-three-cato-trade-scholars-filed-amicus-brief-us-supreme-court

https://www.cato.org/commentary/striking-down-tariffs-wont-hurt-anybody

https://www.cato.org/legal-briefs/trump-v-vos-selections-learning-resources-v-trump

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