A 6–3 Supreme Court bombshell just slammed the brakes on Trump’s “tariff the world by emergency decree” strategy. The Court’s bottom line: tariffs are taxes—and Article I puts taxing power in Congress, not in a president’s “national emergency” mood swing.

In this episode Croaky breaks down the real constitutional issue the headlines miss: the one-way ratchet problem—if a president can jack up tariffs unilaterally, but Congress needs a veto-proof supermajority to stop him, that’s not delegation… that’s Congress giving away the steering wheel.

Then we get into the fallout: you paid the tariffs, big importers can spread the cost, small businesses get crushed, and now the refund fight (with interest) turns into another bill the public eats. If you cheered when the Court smacked down Biden’s student-loan end run, you already understand the principle—you just don’t get to pretend it changed because the name on the executive order did.