The Deduction

Trump’s Tariffs Head to the Supreme Court


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In this episode of The Deduction podcast, host Kyle Hulehan and co-host Erica York are joined by Alex Durante, Senior Economist at the Tax Foundation, to discuss the Supreme Court's upcoming decision on whether the president can impose $2.2 trillion in tariffs under the International Emergency Economic Powers Act (IEEPA). 

The conversation covers the origins and implications of these tariffs, their economic impact on consumers and businesses, and the potential outcomes of the court ruling. They also explore the broader theme of presidential authority in trade regulation and the possible legislative responses. Stay tuned for an insightful breakdown of the tariff landscape and its future implications.  

00:00 Introduction and Bananas 

00:36 Welcome to The Deduction Podcast 

01:15 Tariffs and Presidential Authority 

04:15 Impact of Tariffs on Consumers and Businesses 

06:58 Bananas as a Case Study 

08:42 Personal Stories of Tariff Impact 

10:43 Legal Battle Over Tariffs 

14:25 Future of Tariff Policies 

20:53 Congress vs. Presidential Power 

23:32 Conclusion and Listener Engagement 

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The DeductionBy Tax Foundation

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