Marketplace All-in-One - What to know as SCOTUS weighs Trump’s tariffs
The U.S. Supreme Court will hear arguments on Wednesday for and against the legality of President Trump’s signature economic policy: tariffs. In this episode, a lawyer walks us through what’s at stake and how the major questions doctrine may come into play. We also consider whether it’s possible to repay the $90 billion accumulated in tariff revenue should SCOTUS rule against the president, and scrutinize potential ‘plan B’ tariff policies.
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1A - 1A-11.04.2025
On Wednesday, the Supreme Court will hear arguments in two cases about the legality of President Donald Trump’s favorite policy tool.
Shortly after he took office, Trump started signing executive orders imposing tariffs on America’s trading partners. He declared April 2 “Liberation Day,” and enacted a broad package of import duties from Canada to China and way beyond, upending U.S. economic policy and reshaping global trade.
He did it all without input from Congress. And that might, or might not, have violated presidential power under the Constitution.
So, are the Trump administration’s tariffs legal?
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The Gist - The Wars Trump Says He Ended, and the One Cheney Began
The veteran media strategist reflects on Chuck Schumer's once-golden Sunday pressers and how his "price-of-milk politics" model needs updating for 2025. He discusses New York Democrats' strategic silence in the Mamdani race, Hillary Clinton's 2000 outreach to Hasidic women, and why he can praise Trump's Middle East diplomacy without voting for him. Plus, an inquiry into which seven wars Trump claims to have ended, including the murky Kosovo-Serbia "peace," and the legacy of Dick Cheney, measured against the one war he chose to start. Produced by Corey Wara
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Consider This from NPR - Tariffs are going to the Supreme Court. What’s at stake?
On Wednesday, the Supreme Court will hear arguments in a major case about the administration’s use of tariffs.
President Trump has long touted the power of tariffs as a tool for trade negotiations and even for ending conflict.
But now the justices will hear about how that tool may be misused.
NPR's Scott Horsley and Danielle Kurtzleben discuss President Trump's tariff policy and its economic impact.
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This episode was produced by Connor Donevan and Karen Zamora. It was edited by Courtney Dorning, Rafael Nam and Dana Farrington. Our executive producer is Sami Yenigun.
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WSJ What’s News - Government Shutdown Poised to Become Longest in U.S. History
P.M. Edition for Nov. 4. WSJ’s Congress reporter Katy Stech Ferek talks about the latest in negotiations as lawmakers search for a deal to end the shutdown. Spencer Jakab, who writes WSJ’s Markets A.M. newsletter, explains why a famous method of valuing stocks suggests rough years ahead. And it’s Election Day in the U.S. Head to WSJ’s live blog for more coverage of key races in New York City, New Jersey and Virginia. Sabrina Siddiqui hosts.
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WSJ Minute Briefing - Stocks Tumble Amid Tech Selloff
The pullback sent Wall Street’s “fear index” up over 10 percent. Plus: Tesla stock falls after Norway rejects Elon Musk’s pay package. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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1A - Farmers Are Hit Hard By Donald Trump’s Tariffs
But last week’s trade deal with China could provide relief. And the administration says it’s readying a $12 billion farm aid package to pay out post-shutdown.
What kind of impact have Trump’s economic policies had on the American farmer?
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State of the World from NPR - The Story of Three Defiant Nuns in Austria
In Austria, three nuns, all in their 80’s, recently ran away from a nursing home. With the help of supporters, and a locksmith, they broke into their former convent in defiance of church orders. They’re determined to fulfill their vows and grow old on their own terms. These sisters are now taking Instagram by storm where they’re being supported by a growing community. We go to Salzburg to meet them.
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Motley Fool Money - When Rule Breakers Find Religion (or, at least profits)
Spotify, Shopify, and Uber were once the poster children for “growth at any cost.” Today, they’re talking cash flow, margins, and discipline. In today’s episode of Motley Fool Money, host Emily Flippen is joined by analysts Jason Hall and Jeff Santoro to dig into what these “reformed Rule Breakers” are getting right - and where the risks still lurk.
They discuss third quarter earnings reports for:
- Shopify and how its business stacks up against Amazon and agentic shopping in the battle for online commerce.
- Spotify’s margin makeover, and how the business has created scale in an industry many were skeptical of
- Uber’s transformation from “broken IPO” to cash-flow machine, and how its pricing algorithm has unlocked margin potential
Companies discussed: SHOP, SPOT, UBER, GRAB
Host: Emily Flippen, Jason Hall, Jeff Santoro
Producer: Anand Chokkavelu
Engineer: Dan Boyd, Natasha Hall
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We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.
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