1. Supreme Court Strikes Down Trump’s Tariffs Under IEEPA
- The Supreme Court ruled 6–3 that President Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceeded legal authority.
- Justices Roberts, Gorsuch, and Barrett joined the liberal justices in the majority.
- The ruling states the President cannot impose monetary tariffs under IEEPA, though he can still cut off trade, impose embargoes, or restrict commerce.
2. Trump Responds by Announcing a New 10% Global Tariff
- Immediately after the ruling, Trump held a press briefing announcing:
- A 10% global tariff imposed under Section 122 of the Trade Act of 1974, not under IEEPA.
- Existing Section 232 (national security) and Section 301 (trade retaliation) tariffs remain unchanged.
- He argues these alternative authorities give him broad tariff powers, possibly stronger than IEEPA.
3. Trump Strongly Criticizes the Supreme Court Majority
- He expresses disappointment and anger toward the majority justices, accusing them of:
- Weakness
- Being swayed by political or foreign interests
- Acting against American economic interests
- He praises Justices Thomas, Alito, and Kavanaugh for their dissent.
4. Trump Claims the Ruling Gives Him Other Powerful Trade Tools
- Despite the setback, Trump asserts the ruling:
- Confirms his ability to ban, block, embargo, or license trade under IEEPA—just not charge tariff fees.
- Leaves intact several other statutes authorizing tariffs.
- He cites Kavanaugh’s dissent noting the President still retains broad tariff authority under other laws.
5. DOJ Issues New Subpoenas Related to 2016 Russia Investigation
- The Justice Department issued new subpoenas connected to:
- Individuals involved in shaping the intelligence community’s 2016 Russia-interference assessment.
- The government’s handling of Russian election interference.
- Subpoenas seek records extending beyond the original timeline of the 2016–2017 assessments.
6. Renewed Scrutiny of Intelligence Community Conduct
- Former CIA Director John Brennan is a target of inquiry.
- House Judiciary Chairman Jim Jordan referred Brennan for criminal prosecution, alleging false testimony about his involvement in including the Steele dossier in the intelligence assessment.
- Critics allege:
- Brennan and others were motivated by anti-Trump bias.
- The Steele dossier was improperly incorporated.
- Government officials abused power to undermine Trump.
7. Context on the Russia Investigation
-
- Russia conducted a “sweeping and systematic” influence campaign.
- No criminal conspiracy was established between the Trump campaign and Russia.
- It portrays the Russia probe as:
- A political attack.
- A “coup” to undermine Trump’s presidency.
5. DOJ Issues New Subpoenas Related to 2016 Russia Investigation
- The Justice Department issued new subpoenas connected to:
- Individuals involved in shaping the intelligence community’s 2016 Russia-interference assessment.
- The government’s handling of Russian election interference.
- Subpoenas seek records extending beyond the original timeline of the 2016–2017 assessments.
6. Renewed Scrutiny of Intelligence Community Conduct
- Former CIA Director John Brennan is a target of inquiry.
- House Judiciary Chairman Jim Jordan referred Brennan for criminal prosecution, alleging false testimony about his involvement in including the Steele dossier in the intelligence assessment.
- Critics allege:
- Brennan and others were motivated by anti-Trump bias.
- The Steele dossier was improperly incorporated.
- Government officials abused power to undermine Trump.
Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening
X: https://x.com/benfergusonshow