The Deduction Trump’s Tariffs Head to the Supreme Court
In this episode of The Deduction podcast, host Kyle Hulehan and co-host Erica York are joined by Alex Durante, Senior Economist at the Tax Foundation, to discuss the Supreme Court's upcoming decision on whether the president can impose $2.2 trillion in tariffs under the International Emergency Economic Powers Act (IEEPA).
The conversation covers the origins and implications of these tariffs, their economic impact on consumers and businesses, and the potential outcomes of the court ruling. They also explore the broader theme of presidential authority in trade regulation and the possible legislative responses. Stay tuned for an insightful breakdown of the tariff landscape and its future implications.
00:00 Introduction and Bananas
00:36 Welcome to The Deduction Podcast
01:15 Tariffs and Presidential Authority
04:15 Impact of Tariffs on Consumers and Businesses
06:58 Bananas as a Case Study
08:42 Personal Stories of Tariff Impact
10:43 Legal Battle Over Tariffs
14:25 Future of Tariff Policies
20:53 Congress vs. Presidential Power
23:32 Conclusion and Listener Engagement
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