Zanny Minton-Beddoes
๐ค SpeakerAppearances Over Time
Podcast Appearances
And there are quite a lot of countries and companies that are simply no longer willing to provide
courier services or packaging services to the United States because it's just too complicated to do the administration of the tariffs.
You're right.
The broad tariffs have been put into place under this emergency, so-called emergency... Economic powers act.
And that is being challenged and it's going all the way to the Supreme Court.
And I don't think it's at all clear which way the Supreme Court will rule.
And we've developed, my colleagues, a scoter spot, which is a
An AI bot that, on the basis of the justice's previous writings and so forth, predicts what the outcome is.
And I believe our SCOTUS bot suggests that it isn't going to be struck down.
If it is struck down, there are other laws under which
the administration can impose tariffs, Section 301, Section 201 laws, which are narrower, but do give the administration the ability to impose tariffs.
And I think that the U.S.
trade representative and his staff have been working very hard to figure out the sort of plan B route
to imposing tariffs.
So unfortunately, I think this administration is going to find a way to continue to use tariffs, even if this sweeping ability is removed by the Supreme Court.
But yes, you're right that technically, if that is the case, then
they would have to technically pay back the tariffs that have been collected under that ruling.
I think this is such a central part of this administration's economic policy platform.
It would be a big decision for the Supreme Court to rule against the president on that.