Annie Minoff

The court is obscure, but when it comes to matters of trade, it's powerful.

And this week, it did.

And this week, it did.

And this week, it did.

Welcome to The Journal, our show about money, business, and power. I'm Annie Minoff. It's Friday, May 30th. Coming up on the show, how an obscure court upended Trump's trade agenda. On April 2nd, Trump imposed his Liberation Day tariffs and kicked off a global trade war.

Welcome to The Journal, our show about money, business, and power. I'm Annie Minoff. It's Friday, May 30th. Coming up on the show, how an obscure court upended Trump's trade agenda. On April 2nd, Trump imposed his Liberation Day tariffs and kicked off a global trade war.

Welcome to The Journal, our show about money, business, and power. I'm Annie Minoff. It's Friday, May 30th. Coming up on the show, how an obscure court upended Trump's trade agenda. On April 2nd, Trump imposed his Liberation Day tariffs and kicked off a global trade war.

How soon after Trump began imposing sweeping tariffs did people in your world, the legal world, start asking, wait a second, can he do that?

How soon after Trump began imposing sweeping tariffs did people in your world, the legal world, start asking, wait a second, can he do that?

How soon after Trump began imposing sweeping tariffs did people in your world, the legal world, start asking, wait a second, can he do that?

Typically, Congress regulates tariffs. But in this case, Trump argued that he could do it. His administration invoked a 1970s-era law, the International Emergency Economic Powers Act, IEPA for short.

Typically, Congress regulates tariffs. But in this case, Trump argued that he could do it. His administration invoked a 1970s-era law, the International Emergency Economic Powers Act, IEPA for short.

Typically, Congress regulates tariffs. But in this case, Trump argued that he could do it. His administration invoked a 1970s-era law, the International Emergency Economic Powers Act, IEPA for short.

When President Trump invoked the Emergency Economic Powers Act, had we ever seen anything like that before? How new was that?

When President Trump invoked the Emergency Economic Powers Act, had we ever seen anything like that before? How new was that?

When President Trump invoked the Emergency Economic Powers Act, had we ever seen anything like that before? How new was that?

It was a first, and the move raised eyebrows. Some academics and legal groups started looking into whether the tariffs could be challenged in court. That led to a few lawsuits, including one brought by a libertarian nonprofit law firm called the Liberty Justice Center. That suit brought together a group of small businesses to sue the government.

It was a first, and the move raised eyebrows. Some academics and legal groups started looking into whether the tariffs could be challenged in court. That led to a few lawsuits, including one brought by a libertarian nonprofit law firm called the Liberty Justice Center. That suit brought together a group of small businesses to sue the government.

It was a first, and the move raised eyebrows. Some academics and legal groups started looking into whether the tariffs could be challenged in court. That led to a few lawsuits, including one brought by a libertarian nonprofit law firm called the Liberty Justice Center. That suit brought together a group of small businesses to sue the government.

So they could really cover their ground with these five companies.