Podcast Appearances
So companies that rely on exports to the U.S.
also benefiting from this ruling.
Paul asks a really important question, Henrietta.
Basic.
It's very basic.
Are tariffs rolled back starting today?
How does this all add up to what the president was planning to say in his State of the Union next week?
Because affordability was something that the White House has signaled it's really going to start focusing on, especially with the midterm elections coming up.
Now that the tariffs are ruled illegal by the Supreme Court, how does he fold that into his larger platform?
We should note that the president has responded.
According to Caitlin Collins of CNN, who tweeted out or posted on social media, President Trump commented on the Supreme Court ruling striking down his tariffs while inside the White House breakfast with governors this morning, calling it a, quote, disgrace, I'm told.
He told those gathered that he has a backup plan.
Again, that is according to Caitlin Collins.
reporter at cnn uh the president calling the ruling against his tariffs a disgrace paul yeah no surprise there and we'll see i guess we were talking to henrietta trez what the response will be from president trump whether he will let this kind of fade away or whether he'll use some of the other options that he does have many many different um alternative options including filing for section 232 201 301 122 338 oh boy
Just a reminder, if you're just joining us, we're speaking with Dave Townsend, partner with Dorsey and Whitney and June Grasso, the host of Bloomberg Law with us here.
Paul Sweeney and Scarlett Fu on Bloomberg Intelligence after the Supreme Court struck down President Trump's global tariffs, saying that he exceeded his authority by invoking a federal emergency powers law.
Dave, let me ask you a dumb question.
President Trump does not respond well to legal setbacks.
We know that he appeals to a higher court and authority.
There is no higher court than the Supreme Court, but is there really no legal recourse for him left here?