Ariana Aspuru
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Late last week, the Supreme Court ruled that President Trump's tariffs are unconstitutional.
Court said when he implemented them, he exceeded his authority.
Last night, in his State of the Union, the president had a chance to defend himself.
Everything wasn't working well, but USA did learn some important lessons from the tariffs.
And the story of those and of some of the people who took Trump to court and won is coming up on Today Explained.
Steven Woldenberg is the Senior Vice President of Sales at Learning Resources, a family company.
Tell me about your grandma who started this business.
So the reason that you and I are talking today is that you and your family, on behalf of the company, sued the Trump administration over the tariffs.
What was your reaction and the family's reaction when you won?
Did everyone go out for drinks?
Like, how did you guys respond?
How much did you all have to pay in tariffs since they were announced about a year ago?
Okay, so the sort of bargain that you would have had to strike, as I understand it, is that in order to sell in the United States, you would have had to be charging your customers, what, like double for a toy, triple for a toy?
When President Trump introduced tariffs, he was clear in a number of ways about what he wanted.
And maybe the strongest argument that he made, according to a lot of people who like the president's policies, was, I want to encourage businesses to move manufacturing to the United States.
If you're going to manufacture, do it in America.
Did you ever consider doing that?
Was that ever a possibility?