Veronique de Rugy critiques the administration's legal argument at the Supreme Court that the International Emergency Economic Powers Act (IEEPA) authorizes the President to impose tariffs. She argues the term "emergency" is used too loosely, defining 50 years of trade deficits as an emergency, potentially granting the President immense, unchecked power to tax. Tariffs are taxes, which Congress should control. De Rugy notes tariffs are already causing damage by raising prices for consumers or forcing companies to cut profits and investment.

1882 NYSE

Ver todos los episodios