The Commentary Magazine Podcast State Capitalism and the Tariffs
6 snips
Sep 2, 2025 A recent court ruling challenges Trump's tariffs, steering the potential economic future as the Supreme Court prepares to weigh in. The conversation dives into state capitalism's implications, including governmental stakes in companies and the abuse of executive power. Key themes touch on sovereign wealth funds and their relation to government debt. The podcast also explores the assassination of a Hamas leader, igniting discussions on military action versus diplomacy in the Israeli-Hamas conflict, amidst rising global political tensions.
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Tariff Ruling Creates Business Uncertainty
- The appeals-court ruling against most emergency tariffs creates deep economic uncertainty for businesses.
- Companies struggle to plan plant locations and supply chains while tariff authority remains unclear.
Seek Judicial Clarity On Emergency Powers
- Push for a legal resolution to presidential emergency powers to restore clarity.
- Encourage the Supreme Court to take the case to define limits on executive emergency authority.
Tariffs Versus Constitutional Roles
- Tariffs are constitutionally a congressional power, not an obvious presidential national-security authority.
- Using emergency declarations to impose tariffs alters the separation of powers in economic policy.
