What A Day

Trump Orders More Tariffs After SCOTUS Ruling

Feb 23, 2026
David J. Lynch, global economics correspondent at The Washington Post and author of The World's Worst Bet, joins to unpack trade and tariff policy. He explains why Trump shifted legal authority for tariffs and how different statutes change presidential power. He also covers who actually pays tariffs, what happens to collected tariff revenue after the Supreme Court ruling, and the longer-term effects on business and trade policy.
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INSIGHT

Why The 1977 Emergency Tariff Was Unconstitutional

  • The Supreme Court struck down Trump's use of a 1977 emergency statute for broad tariffs because it never mentioned tariffs and overly expanded presidential power.
  • David Lynch explains this approach bypassed congressional control and risked eviscerating Article I powers, prompting the 6–3 ruling.
INSIGHT

1974 Trade Law Gives Firmer But Conditional Authority

  • Trump switched to Section 122 of the 1974 Trade Act to impose a time-limited global tariff up to 15% tied to a balance-of-payments condition.
  • Lynch says this gives firmer legal footing but leaves open whether the specific statutory requirements have been met.
INSIGHT

Why The Administration Picked The Aggressive Tariff Route

  • Trump and advisors chose the aggressive 1977 route to avoid bureaucratic steps like Commerce Department studies or USTR investigations.
  • Lynch compares it to choosing an express lane versus crawling through regulatory 'rush hour' with stops at each agency.
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