Scarlet Fu

Number one, the policy at issue.

Trump's increase in tariffs last year was the largest since the infamous 1930 Smoot-Hawley duties.

Number two, its application to presidential powers over the economy.

Scholars in the lead up were calling this the biggest case in economic policy realm since the Youngstown steel case in 1952, in which the court blocked Harry Truman's bid to nationalize steel mills during the Korean War.

Others have likened the idea of a Supreme Court rebuking Trump on tariffs to the court's fight with FDR over the New Deal.

you

In my opinion, Henrietta, is this do you think emboldened any of President Trump's adversaries, whether in Congress or just within Washington, D.C.

apparatus that maybe this gives them a little bit more confidence to push back?

Is there any reason to believe that?

So what do we expect this administration?

How do you expect the president and administration to respond to?

Do you think they will aggressively try to work other tariff routes or maybe just let this issue die and just fade away?

Interesting.

All right, Henrietta, thank you so much for joining us.

We really appreciate getting a few minutes of your time and your expertise.

Henrietta Trez, Managing Partner and Director of Economic Policy at Aveda Partners.

Yeah, there's a lot.

Exactly.

All right.

We welcome back to our studios, June Grasso, Bloomberg's legal analyst here.