Trouble's Coming: Tariffs, the Dollar, and Hidden Economic Risk

The Supreme Court Just Said No to Trump — But the Real Problem Is Bigger

When President Trump campaigned on imposing massive tariffs, I found it so confusing. Why would we want higher taxes on imported goods when the nation was up in arms about inflation? When he rolled out the “Liberation Day” tariffs, I was even more confused. Who would this help? What’s the appeal?

Since then, I’ve come to better understand that the tariffs are not an economic tool to Trump. They are just an instrument of power and control.

The Supreme Court said on Friday that the President doesn’t have this particular kind of power. Today, we talk about what that might mean practically. We also talk about who does have power in this economy and what worries us. There are no immediate action items here except looking for candidates with a current vision about the economy and a willingness to serve the public without enriching themselves simultaneously.

Outside of politics, we talk about The Pitt (which is honestly the only thing I want to talk about right now).

Thank you for listening, always.

We can’t wait to hear your thoughts on the tariffs, the economy, and, of course, The Pitt. -Sarah

Topics Discussed

• The Supreme Court says Trump’s Tariffs are Illegal

• Economic Indicators are Changing

• Outside of Politics: The Pitt

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Episode Resources

Pantsuit Politics Resources

• More to Say from the Supreme Court about Tariffs (More to Say | Pantsuit Politics)

• Emily Ley v. the President of the United States (Pantsuit Politics)

• Opinion | The Finance Industry Is a Grift. Let’s Start Treating It That Way. (The New York Times)

• 'Canary in the coal mine': Blue Owl liquidity curbs fuel fears about private credit bubble (CNBC)

• Jim Chanos: ‘We are in the golden age of fraud’ (Financial Times)

• Repair Cafe

• ‘The Pitt’ Season 2: Behind the Scenes with Noah Wyle (The New York Times Magazine)

Episode Transcript

Coming soon…

Show Credits

Pantsuit Politics is hosted by Sarah Stewart Holland and Beth Silvers. The show is produced by Studio D Podcast Production. Alise Napp is our Managing Director and Maggie Penton is our Director of Community Engagement.

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