When the levy brakes: Trump’s tariffs struck down

特朗普关税被撤销

The Intelligence from The Economist

2026-02-23

21 分钟
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The smackdown by America’s Supreme Court was resounding: the bulk of Donald Trump’s tariffs were instituted illegally. He will try to rebuild his tariff wall, brick by brick—creating a new crop of winners and losers. Australia’s surging One Nation party threatens a conservative coalition that was already looking slightly shaky. And why Agatha Christie’s prolific output is so enduringly popular. Guests and host: Rachana Shanbhogue, business-affairs editorAaron Connelly, Asia diplomatic editorJon Fasman, senior culture correspondentJason Palmer, co-host of “The Intelligence” Topics covered:  America’s Supreme Court, Donald Trump, tariffsAustralian politics, Pauline HansonAgatha Christie Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • Hello and welcome to The Intelligence from The Economist.

  • I'm your host Jason Palmer.

  • Every weekday we provide a fresh perspective on the events shaping your world.

  • A surging populist right movement in Australia is now the best polling conservative party in the country.

  • And that is picking away at one of the most persistent coalitions in the Western world.

  • And you can't argue that Agatha Christie wasn't prolific,

  • but plenty have argued that she wasn't actually all that good.

  • Our culture correspondent digs into the secrets of her enduring success.

  • But first.

  • On Friday, the Supreme Court kicked hard at one of the legs of Donald Trump's presidency.

  • Mr. Trump had invoked a 1970s era law,

  • the International Emergency Economic Powers Act, or IEEPA,

  • claiming it allowed him to set tariffs whenever and on whichever country he liked.

  • Six of the nine justices, including three conservatives, said, nope.

  • The peacetime power to set taxes lies with Congress.

  • Instituting and enforcing those tariffs was messy, to say the least.

  • Unwinding them, refunding them will be messier still.

  • And Mr. Trump, never one to take a court defeat gracefully,

  • has more taxing tricks at the ready.