Videos tagged with Trade Deficit

This video discusses the US Supreme Court's oral arguments concerning President Trump's tariffs and their legality under the International Emergency Economic Powers Act (IЕPA). The case directly impacts the firearms industry by increasing costs for manufacturers and end-users. Key legal questions revolve around whether IЕPA empowers the president to impose broad tariffs during a declared national emergency and if this constitutes an unconstitutional delegation of legislative power. The Supreme Court's decision could significantly constrain executive trade power.