Trump Crashes Out All Morning as Order Destroys His Life!!

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The MeidasTouch Podcast 15 min 3 speakers 5 chapters transcribed
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What happened to Donald Trump on Saturday morning?

Ben Meiselas 0:00
Donald Trump is having a disastrous Saturday morning. He is having a horrific meltdown before our eyes after losing the case in front of the Supreme Court where they struck down his tariffs against the world. As you may recall, yesterday Donald Trump posted that he would be imposing a new tariff regime of 10% tariffs against the entire world.

Why did the Supreme Court ruling impact Trump's tariffs?

Ben Meiselas 0:25
He's invoking something called Section 122, which of the 1974 Trade Act, which I'll describe later in this video, actually doesn't apply. It's another unlawful invocation of a law, which is not being invoked properly to impose tariffs against the world. But this morning, he now raised that to 15%. So within about a 12-hour period, He went from having his meltdown over the Supreme Court ruling and saying, well, now I'm doing 10% tariffs against the world, to now he says he's doing 15% tariffs against the world. Here's what he posted early this morning. He goes, based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on tariffs,
Ben Meiselas 1:14
issued yesterday after many months of contemplation by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be effectively, immediately, Raising the 10% worldwide tariff on countries, many of which have been ripping the U.S. off for decades without retribution until I came along, to the fully allowed and legally tested 15% level. During the next short number of months, the Trump administration will determine and issue the new legally permissible tariffs, which will continue our extraordinarily successful process of making America great again. Extraordinarily successful? Inflation is surging again. We got the new PCE report on Friday.
Ben Meiselas 2:07
Core PCE around 3%. We got the GDP numbers on Friday. GDP was a lousy 1.4%, very bad GDP growth during Donald Trump's first year in office. And you were promising 5, 10, 15% growth, far worse. The economy is far worse right now than under former President Biden. And now you're putting 15% tariffs against the world.

What is Section 122 of the 1974 Trade Act and how is Trump using it?

Ben Meiselas 2:34
As this one account explains, it's really infuriating also that every journalist that since Trump's 2024 campaign has been incorrectly disgusting Trump's tariffs as though there's some economic policy. They're not. They're a primitive coping mechanism employed by a psychopathic toddler to soothe his pain when he feels fragile and wounded. There has never been a clearer example. The Supreme Court humiliated Trump by saying publicly that he doesn't have absolute power to do anything he wants. He felt wounded. So he lashed out at SCOTUS to hurt them back by imposing a 10% tax on Americans. What the F are we talking about? Budget impacts, this or that. Donald Trump is just making this stuff up to soothe his ego.
Ben Meiselas 3:23
And then he just raised those tariffs against the world to 15%. And again, I'll explain to you shortly again why it's illegal. I just want to cover some other things with you as well, because now the United States ambassador to the European Union is also threatening the EU if the European Union adds in its defense procurement directive a preference to buy and build European weapons over U.S. weapons. So after the Trump regime, J.D. Vance, Marco Rubio has been attacking Europe. I mean, quite physically attacking, quite literally attacking Europe, but saying you need to stop being dependent on the United States. You need to be more self-reliant. And then Europe and the rest of the world goes, bet. OK, we'll do that.
Ben Meiselas 4:14
We will prefer European weapons over American weapons. We will prefer our own defense over the former kind of global security alliances, which, by the way, benefited the US monetarily. Now this just happened. The European Union ambassador from the United States attacks the EU for preferring EU equipment over the United States in its defense directive.

How do Trump's tariff increases reflect his mental state?

Ben Meiselas 4:37
This was a statement that was just issued by the US ambassador to the EU. The United States opposes any efforts to incorporate European preference in EU defense procurement directives.

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