Episode 1845 • • 1:35:07 - 1:38:53
1845: Slave Slab
Section 122 Tariffs, Supreme Court, Performative Legal Rulings
Following the Supreme Court's ruling against his emergency tariffs, President Trump invoked Section 122 to set a new 15% global tariff based on trade imbalances. Legal experts describe the Supreme Court's decision as "performative," as the president retains multiple other statutory authorities to restrict trade. The new tariffs are limited to 150 days unless extended by Congress, but can be repeatedly re-invoked.