The Most Important Lawsuit in America

Armchair Attorney® Podcast · Jul 31, 2025 · 19m

Since taking office in January, President Trump has leaned heavily on tariffs to address trade deficits & drug trafficking, invoking IEEPA — a 1977 law granting presidents emergency economic powers — to bypass Congress. The Worldwide and Retaliatory Tariffs, rolled out via Executive Order 14257 in April, imposed a 10% duty on all imports, with higher rates (up to 50%) targeting 25 countries, including a tit-for-tat escalation with China peaking at 125% & continue to be a moving target. These tariffs disrupted supply chains, jacked up costs for importers, & sparked fears of retaliatory trade…