Ep 121 — Trump’s Tariff Math … It’s Dumber Than You Think
Podcast:Law and Chaos Published On: Fri Apr 04 2025 Description: Why does the President of the United States not know what tariffs are, why does he want to crash the world economy, and can he do any of it? We answer as many of those questions as we can. Come for phi times epsilon times m sub i, stay for the Trading With the Enemy Act of 1917. Plus! Judge James Boasberg in D.C. is NOT HAPPY the administration flouted his orders and intends to figure out who was responsible and why. Also, things are about to get ugly at the D.C. Circuit. Links: DC Circuit Local Rules https://www.cadc.uscourts.gov/sites/cadc/files/rules-RulesFRAP20241212c.pdf Trump Tariff EO https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/ Trump Annex I to Tariff EO https://www.whitehouse.gov/wp-content/uploads/2025/04/Annex-I.pdf USTR on how tariffs are calculated https://ustr.gov/issue-areas/reciprocal-tariff-calculations The Economist, “President Trump’s Mindless Tariffs Will Cause Economic Havoc” https://www.economist.com/leaders/2025/04/03/president-trumps-mindless-tariffs-will-cause-economic-havoc Forbes, “How Much Would An iPhone Cost If Apple Were Forced to Make it In America?” https://www.forbes.com/sites/quora/2018/01/17/how-much-would-an-iphone-cost-if-apple-were-forced-to-make-it-in-america/ Emily Ley Paper Inc. v. Trump https://www.courtlistener.com/docket/69842090/emily-ley-paper-inc-v-trump/ Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod