00:00Friday night, top Democrat Chuck Schumer underscored that the day's Supreme Court ruling
00:04could signal a return to law and order. So today, the Supreme Court ruled that Donald
00:09Trump's sweeping tariffs were unlawful. The court agreed with what Democrats have said from day one.
00:17A president cannot ignore Congress and unilaterally slap these tariffs on the American people.
00:25The decision centered on the tariffs Trump unilaterally imposed under an emergency powers
00:30law, citing his country's trade deficit with the rest of the world. The levies sparked a global
00:36trade war, alienated trade partners, and rattled financial markets. After calling six of the nine
00:43Supreme Court judges that made the call a disgrace to the nation, he appeared to accept the decision.
00:48Those members of the Supreme Court who voted against our very acceptable and proper method
00:56of tariffs should be ashamed of themselves. Their decision was ridiculous, but now the adjustment
01:02process begins and we will do everything possible to take in even more money than we were taking in
01:08before. Trump seems to be referring to a 10% tariff on all trading partners that his administration
01:14announced that same evening, this time under a section of the 1974 Trade Act that, until now,
01:20has never been used. According to a fact sheet published on the White House website just hours
01:25later, the levy will go into effect on Tuesday, February 24th, for a period of 150 days.
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