07 Aug 2025
9m

Are Trump's tariffs legal?

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The Indicator from Planet Money

This NPR Planet Money Indicator podcast episode discusses the legal challenges to President Trump's tariffs. The episode details the legal arguments for and against the tariffs, focusing on a lawsuit brought by several states and businesses. A key point of contention is whether the president has the authority to impose tariffs under a 1970s law citing national emergency. The podcast covers the initial court ruling against the tariffs, the ongoing appeals process, the financial implications of the $30 billion monthly tariff revenue, and the potential impact on American businesses and consumers. The perspectives of various stakeholders, including a wine importer, Oregon's Attorney General, and White House representatives, are presented.

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