Scott Simon
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And last night, a specialized trade court handed those challengers a decisive victory. The unanimous three-judge panel ruled that under the Constitution, it's Congress that has exclusive power to regulate trade and impose tariffs. And the court said the 1977 emergency law that Trump has been relying on does not give the president unfettered power to impose taxes on imports from around the world.
And last night, a specialized trade court handed those challengers a decisive victory. The unanimous three-judge panel ruled that under the Constitution, it's Congress that has exclusive power to regulate trade and impose tariffs. And the court said the 1977 emergency law that Trump has been relying on does not give the president unfettered power to impose taxes on imports from around the world.
They rejected Trump's claims that fentanyl trafficking or persistent trade deficits justify taxing nearly everything the U.S. buys from other countries. And in fact, the judges skipped right over issuing a preliminary injunction and gave the plaintiffs a summary judgment.
They rejected Trump's claims that fentanyl trafficking or persistent trade deficits justify taxing nearly everything the U.S. buys from other countries. And in fact, the judges skipped right over issuing a preliminary injunction and gave the plaintiffs a summary judgment.
They rejected Trump's claims that fentanyl trafficking or persistent trade deficits justify taxing nearly everything the U.S. buys from other countries. And in fact, the judges skipped right over issuing a preliminary injunction and gave the plaintiffs a summary judgment.
You know, investors have never liked these tariffs. Every time the president raises import taxes, the stock market tumbles. Every time he backs down, the stock market soars. So Thank you very much. Oregon is one of the states that brought this case, and Oregon's Attorney General, Dan Rayfield, says striking down these tariffs is a win for working families.
You know, investors have never liked these tariffs. Every time the president raises import taxes, the stock market tumbles. Every time he backs down, the stock market soars. So Thank you very much. Oregon is one of the states that brought this case, and Oregon's Attorney General, Dan Rayfield, says striking down these tariffs is a win for working families.
You know, investors have never liked these tariffs. Every time the president raises import taxes, the stock market tumbles. Every time he backs down, the stock market soars. So Thank you very much. Oregon is one of the states that brought this case, and Oregon's Attorney General, Dan Rayfield, says striking down these tariffs is a win for working families.
Rayfield also says this ruling shows that laws still matter and that trade decisions cannot be made on a president's whim. How is the administration responding? Well, the administration wasted no time saying it would appeal this decision. That will go to the Court of Appeals for the Federal Circuit here in Washington.
Rayfield also says this ruling shows that laws still matter and that trade decisions cannot be made on a president's whim. How is the administration responding? Well, the administration wasted no time saying it would appeal this decision. That will go to the Court of Appeals for the Federal Circuit here in Washington.
Rayfield also says this ruling shows that laws still matter and that trade decisions cannot be made on a president's whim. How is the administration responding? Well, the administration wasted no time saying it would appeal this decision. That will go to the Court of Appeals for the Federal Circuit here in Washington.
The White House also issued a statement saying, quote, it's not for unelected judges to decide how to properly address a national emergency. I'll note the three judges who ruled against the president here were nominated to the court by Presidents Reagan, Obama, and Trump himself.
The White House also issued a statement saying, quote, it's not for unelected judges to decide how to properly address a national emergency. I'll note the three judges who ruled against the president here were nominated to the court by Presidents Reagan, Obama, and Trump himself.
The White House also issued a statement saying, quote, it's not for unelected judges to decide how to properly address a national emergency. I'll note the three judges who ruled against the president here were nominated to the court by Presidents Reagan, Obama, and Trump himself.
No. The industry-specific taxes on steel and aluminum and cars and car parts remain in place. Those were authorized under a different statute. And Trump has threatened to use that statute to add additional tariffs on imported computer chips and pharmaceuticals and copper.
No. The industry-specific taxes on steel and aluminum and cars and car parts remain in place. Those were authorized under a different statute. And Trump has threatened to use that statute to add additional tariffs on imported computer chips and pharmaceuticals and copper.
No. The industry-specific taxes on steel and aluminum and cars and car parts remain in place. Those were authorized under a different statute. And Trump has threatened to use that statute to add additional tariffs on imported computer chips and pharmaceuticals and copper.
But as for the sweeping tariffs on nearly everything we import, from coffee and bananas to French wine and Chinese toys, for the moment at least, those taxes do not pass legal muster.
But as for the sweeping tariffs on nearly everything we import, from coffee and bananas to French wine and Chinese toys, for the moment at least, those taxes do not pass legal muster.
But as for the sweeping tariffs on nearly everything we import, from coffee and bananas to French wine and Chinese toys, for the moment at least, those taxes do not pass legal muster.