The Daily Did a Wine Importer Just Sink Trump’s Trade War?
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May 30, 2025 
In this discussion, Jeanna Smialek, the Brussels bureau chief for The New York Times, tackles the ramifications of a recent federal court ruling against President Trump’s tariffs. Victor Schwartz, a small wine importer and lead plaintiff in the lawsuit, shares his daring decision to stand against the trade war. They explore the legal journey that challenges the president's authority and its implications for U.S. trade relations. Together, they navigate the complexities of tariffs and the future of international trade.
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Victor's Unexpected Lawsuit Role
- Victor Schwartz became lead plaintiff unintentionally during a brunch conversation about tariffs.
- He stepped up to challenge the tariffs despite fears about government retaliation and business risks.
Wine Import Tariff Challenges
- Victor describes the wine import business as heavily regulated with fixed prices set a month in advance.
- Tariffs hit cash flow hard since tariff payments are upfront before any sales revenue comes in.
Trump's Unusual Legal Basis
- President Trump’s use of the 1977 International Emergency Economic Powers Act to impose broad tariffs is an unusual stretch of the law.
- The law was meant for national emergencies and sanctions, not broad trade tariffs without Congress.