As the Supreme Court reviews one of the most consequential economic and constitutional cases in decades, questions loom over how the president can wield emergency powers to reshape trade policy. At the center of this debate is the International Emergency Economic Powers Act (IEPA) and its use by President Trump to impose tariffs.

Today, Veronique sits down with Donald J. Boudreaux, Senior Fellow at the Mercatus Center and economics professor at George Mason University, and Scott Lincicome, Vice President of General Economics at the Cato Institute and adjunct professor at Duke Law School. Together, they explore what is truly at stake: not only the future of U.S. trade policy, but the balance of power between Congress and the executive branch.