Well, last night, Donald Trump went from being a lame duck to being a humiliated duck when voters from coast to coast turned out to vote against Donald Trump and his candidates and his policies in every place and in every way that they could. Donald Trump's explanation today for the Republican wip wipe out last night is that Donald Trump was not on the ballot. That's what he says. The Conservative Wall Street Journal editorial board has written a reply to that under the headline, "Trump really was on the ba ...

Donald Trump believes his tariffs are saving America from “the brink of an economic and national security catastrophe”. The Supreme Court justices are not so sure https://t.co/NmGF6eKebD ...

President Trump’s use of broad powers to impose his signature tariffs faced a barrage of skeptical questions at the Supreme Court on Wednesday that signal it may be ready to intervene https://t.co/fBFfQHh3Q6 ...

Developing news now at the Supreme Court this time. Arguments over President Trump's sweeping tariffs with several justices questioning the president's authority to implement them. Senior legal correspondent Laura Jarrett joins me now.Laura, the conservatives seem to really give a hard time to the lawyer for the Trump administration. >> Tom, this is a core part of the president's economic agenda, and tonight it appears to be that these tariffs are in real jeopardy. You have every member of the conservative ...

Trade Policy & Tariffs - The solicitor general presented a strong argument for the president's need for IEPA powers [1] - The president threatened 100% tariffs after China threatened export controls on rare earth magnets from Chinese products [2] - Chinese products contained 01% of rare earth magnets [2] - The threat of 100% tariffs enabled successful execution of foreign policy [2] Legal & Political Assessment - The opposing side's arguments were weak, but the final decision rests with the Supreme Court (SCOTUS) [1] - Sometimes the most effective tariffs are those that are never implemented [1]

President Trump’s global tariffs ran headlong into a skeptical Supreme Court on Wednesday https://t.co/omvzyjzGM5 ...

President Donald Trump said it would be “devastating for our country” if the Supreme Court struck down his administration’s sweeping global tariffs https://t.co/LOZS1AEHzF ...

Supreme Court Hearing on Tariffs - The Supreme Court is hearing arguments regarding the legality of blanket tariffs imposed by the Trump administration [12] - The court's decision on the tariffs is expected to be made by the end of the year or early next year [9] - The core legal question is whether the president has the power to impose tariffs without congressional approval [22] Impact on Businesses - Small businesses are particularly vulnerable to the effects of tariffs, with some facing tariff increases as high as 100% [12][15] - Some small businesses are struggling to absorb the costs of tariffs and may be forced to raise prices for consumers [18][20] - If the tariffs are upheld, there is a risk of increased closures and bankruptcies among small businesses [23] Financial Implications - The government has collected $195 billion in revenue through tariffs this year through September [12] - Approximately half of the $195 billion in tariffs collected were imposed under the contested presidential authority [17] - The Trump administration argues that the tens of billions of dollars in monthly tariff revenue are incidental to the overall agenda [3]

Joining us now, former US attorney and MSNBC legal analyst Chuck Rosenberg, senior correspondent at Vox, Ian Milheiser, and non-resident fellow at the Carnegie Endowment for International Peace and senior director of international economics during the Biden administration, Peter Harrell. Um, all right, Chuck, were they skeptical. >> They seemed skeptical.Um, I'm not surprised because what the government was asking for here, um, was broad. They were asking for uh authority essentially to levy taxes. As Justi ...

Joining us now, Democratic Attorney General of Arizona, Chris Mays, and Democratic Attorney General of Oregon, Dan Rayfield. They are co-leading the lawsuit filed by 12 states against the Trump administration. Um, all right.Um, let's start uh with Arizona. Um, how has this affected the state. Kitty, you know, it has impacted the state of Arizona dramatically.And that is why Dan and I and multiple other uh AGs, Democratic AGs, brought this tariffs case to try to slay this dragon that is tariffs, that is real ...