Make Me Smart Are Trump's tariffs legal?
Jul 28, 2025
A new trade deal with the EU brings a 15% tariff on most goods, but a court case from small businesses could alter Trump's plans. The complexities of trade agreements, including energy commitments and Japan's investment, take center stage. Meanwhile, economic indicators and legal challenges heat up amidst scenic landscapes. Uplifting discussions on the beauty of nature remind listeners to get outside while addressing Texas's park limitations. Cycling initiatives showcase the mental health benefits of outdoor activities, urging everyone to embrace nature.
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Key Points of EU-US Trade Deal
- The new EU-US trade deal sets 15% tariffs on most EU goods entering the US, except steel at 50%.
- US exports to the EU, including cars, will be mostly duty-free, favoring American exporters.
EU Energy Import Pledge Unrealistic
- The EU's promise to import $250 billion annually in US energy is likely unrealistic and disruptive.
- Critics suggest the EU might be counting on political changes to avoid fulfilling this commitment.
Legal Challenge to Trump's Tariffs
- Trump's tariffs hinge on the 1977 International Emergency Economic Powers Act claiming trade deficits are a national emergency.
- Small businesses challenge this, saying such deficits don't meet the law's narrow conditions for tariffs.