Marketplace All-in-One

Friends, foes, and tariffs

Nov 4, 2025
Asma Khalid, co-host of the BBC podcast The Global Story and former NPR White House correspondent, joins to dissect the complexities of Trump's tariffs. She emphasizes how these tariffs affect international relationships, especially with allies like Canada and how India is realigning with China. The podcast dives into the implications of a Supreme Court case that could redefine presidential power over tariffs, revealing the potential shifts in global power dynamics as the U.S. battles its trade policies.
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INSIGHT

Tariffs Are Trump's Core Economic Tool

  • Donald Trump has long favored tariffs as a tool to protect U.S. manufacturing and address perceived unfair trade.
  • His preference for tariffs stretches back to the 1980s and shapes his signature economic policy.
INSIGHT

Court Case Could Undo Many Tariffs

  • The Supreme Court case challenges the president's use of emergency powers to impose tariffs under IEEPA.
  • A ruling against Trump could upend a large portion of his tariff authority and shift power back to Congress.
INSIGHT

Tariff Case Tests Executive Power Limits

  • The case is as much about presidential authority as it is about tariffs and may test justices' willingness to limit executive power.
  • Observers will watch for conservative justices to potentially push back on prior expansions of presidential power.
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