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Bloomberg Talks

California Attorney General Rob Bonta Talks Tariff Ruling

21 Feb 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

1.718 - 3.581 David Gurra

The news doesn't stop on the weekends.

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3.881 - 8.809 Lisa Mateo

Context changes constantly. And now Bloomberg is the place to stay on top of it all.

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9.11 - 13.817 David Gurra

Hi, I'm David Gurra. Join us every Saturday and Sunday for the new Bloomberg This Weekend.

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13.837 - 18.465 Christina Ruffini

I'm Christina Ruffini. We'll bring you the latest headlines, in-depth analysis, and big interviews.

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18.785 - 29.262 Lisa Mateo

All the stories that hit home on your days off. And I'm Lisa Mateo. Watch and listen to Bloomberg This Weekend for thoughtful, enlightening conversations about business, lifestyle, people, and culture.

29.242 - 35.232 David Gurra

On Saturday mornings, we put the past week's events into context, examining what happened in the markets and the world.

35.612 - 41.201 Christina Ruffini

Then on Sundays, we speak with journalists, columnists, and key political figures to prepare you for the week ahead.

41.582 - 45.789 Lisa Mateo

Join us as soon as you wake up and bring us with you wherever your weekend plans take you.

45.989 - 52.92 David Gurra

Watch us on Bloomberg Television, listen on Bloomberg Radio, stream the show live on the Bloomberg Business app, or listen to the podcast.

Chapter 2: What was the Supreme Court's ruling on Trump's tariffs?

358.333 - 377.042 Rob Bonta

Those are always available to him. To be clear, there's prerequisites for those tariffs to be implemented. There's limits on those tariffs. There's limits in duration and amount. So we'll see what he does and we'll assess. We brought 58 lawsuits in less than 58 weeks against the Trump administration for repeated lawsuits. illegal conduct.

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377.122 - 386.674 Rob Bonta

And so we will assess whether any of his actions going forward in the tariff space are lawful or not. And if he breaks the law again and hurts California again, we'll take him to court.

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386.694 - 402.334 Unknown

Well, I'm just sorry, just real quickly, though, Rob, I mean, looking at the dissenting opinions and particularly the Kavanaugh opinion, who explicitly, in his words, said the president did have the authority. Does that become the basis for the Trump administration to move forward with something even under the construct of IEBA?

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404.744 - 416.3 Rob Bonta

Well, Aipa's off the table. So he can no longer use Aipa to impose tariffs. He tried. He lost. Aipa doesn't mention the word tariffs. It's never been used in nearly 50 years of its existence to impose tariffs.

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416.76 - 438.173 Rob Bonta

But yeah, the Kavanaugh dissent did sort of set forth a blueprint that Trump might want to pursue in terms of other statutes that do provide the opportunity for him potentially to implement tariffs. But the But the point I was making, and the majority makes this too, is that those other statutes don't give full discretion to implement and impose all the tariffs that he tried to impose under IEPA.

438.193 - 452.638 Rob Bonta

And he tried to impose tariffs against every single one of our trade partners under IEPA. Those other statutes have limits. They have prerequisites. They have limits in duration, limits in amount. So he may take action using those other statutes, but he will be limited.

452.939 - 458.505 Unknown

All right. Have to leave it there. Really appreciate your time. That is California Attorney General Rob Bonta.

459.707 - 464.092 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

464.152 - 468.998 Caroline Hepke

And I'm Caroline Hepke in London with the hosts of the Bloomberg Daybreak Europe podcast.

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