Phil Magnus

Phil Magnus, a senior fellow at the Independent Institute and trade policy commentator, delves into President Trump’s potential backup strategies for tariffs amidst an impending Supreme Court ruling. He highlights the controversial use of the International Emergency Economic Powers Act and discusses its unprecedented legal standing. The conversation also explores historical tariff laws, including the Smoot-Hawley Act and Section 232, emphasizing their implications for national security. Magnus sheds light on why Congress remains an avoided route for tariff implementation due to political backlash.