00:00I know the people that brought the lawsuit and, you know, they're sleazebags, major sleazebags.
00:05The court said that I'm not allowed to charge even $1.
00:08I can't charge $1 to any country under IEPA.
00:12But I am allowed to cut off any and all trade or business with that same country.
00:17In other words, I can destroy the trade.
00:19I can destroy the country.
00:22I'm even allowed to impose a foreign country-destroying embargo.
00:26I can embargo.
00:27I can do anything I want, but I can't charge $1.
00:31Now I'm going to go in a different direction, probably the direction that I should have gone the first time,
00:38which is even stronger than our original choice.
00:41As Justice Kavanaugh wrote in his dissent,
00:45while I am sure that they did not mean to do so,
00:48the Supreme Court's decision today made a president's ability to both regulate trade and impose tariffs
00:54more powerful and more crystal clear rather than less.
01:00I don't think they meant that.
01:01I'm sure they didn't.
01:02Therefore, effective immediately, all national security tariffs under Section 232 and existing Section 301 tariffs
01:12remain in place, fully in place, and in full force and effect.
01:16Today, I will sign an order to impose a 10% global tariff under Section 122, over and above our
01:25normal tariffs already being charged.
01:27And we're also initiating several Section 301 and other investigations to protect our country from unfair trading practices of other
01:37countries and companies.
01:39I know the people that brought the lawsuit and, you know, sleazebags, major sleazebags, but I know them.
01:46And they're a foreign country centric.
01:50They were sending things into our country and the people representing them knew full well,
01:57but they were sending things into our country and they were beneficial to other countries, but very, very bad for
02:04us.
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