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Appeals Court Allows Tariffs to Stay in Effect | Balance of Power: Late Edition 5/29/2025

DeFi Daily News by DeFi Daily News
May 29, 2025
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Appeals Court Allows Tariffs to Stay in Effect | Balance of Power: Late Edition 5/29/2025
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Oregon Attorney General Dan Rayfield, who is leading the multi-state lawsuit against the Trump Administration on tariffs, weighs in on the appeals court saying President Trump’s tariffs can stay in effect. Rep. Nicole Malliotakis (R) NY discusses what changes the US Senate could make to the tax bill. Ernie Tedeschi, Director of Economics at the Budget Lab at Yale University, & Former US Trade Representative Ron Kirk also share their responses to the Trump tariff ruling.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:02:05 – Bloomberg’s Skylar Woodhouse on Fed Chair Powell Meets With Pres. Trump, Appeals Court Tariff Ruling
00:04:33 – Oregon Attorney General, Dan Rayfield, on Tariff Ruling, What’s Next In Tariff Fight, Could Case Go to SCOTUS
00:09:55 – Rep. Nicole Malliotakis (R) NY on Congressional Response to Tariff Ruling, Could Senate Make Changes to Tax Bill
00:17:40 – Bloomberg’s Romaine Bostick on Tariff Volatility Limits Market Gains
00:20:06 – Bloomberg’s Nick Wadhams on Does Trump Administration Have Legal Standing to Revoke Chinese Student Visas
00:24:30 – Ernie Tedeschi, Yale University The Budget Lab Dir. of Economics on Data & Details Of Tariffs and Revenue
00:31:37 – Ron Kirk, Fmr. US Trade Rep., on Reaction to Appeals Court Ruling, Does This Jeopardize Trump Trade Leverage
00:40:29 – Political Panel on Pres. Trump Tariff Legal Battle, Trump Downplays Musk’s Tax Bill Criticism
——–
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Tags: Aisha Millsappealsappeals courtBalanceChapin FayChinaCourtDan RayfieldDonald TrumpEditionEffectelon muskErnie Tedeschijerome powellJoe MathieuKailey LeinzlateNick WadhamsNicole MalliotakisOregon Department of JusticePowerReciprocal TariffsRevenueRomaine BostickRonald KirkSalt CapSkylar WoodhouseStayStudent visatariffstax cutstradetrump tariffstrump tax billUnited States House Of Representativesus senateYale University
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