Trump Kicks Out Press After Shock Tariff Ruling!! - The MeidasTouch Podcast Recap
Podcast: The MeidasTouch Podcast
Published: 2026-02-20
Duration: 23 minutes
Summary
Donald Trump had an intense reaction to the Supreme Court's decision to strike down his tariffs, leading to a chaotic scene where he expelled the press from a meeting with governors. The episode analyzes the implications of this ruling and the broader economic consequences for Trump's administration.
What Happened
Donald Trump experienced a significant setback when the Supreme Court ruled against his tariffs, causing a major meltdown during a breakfast meeting with governors at the White House. He expelled the press and reportedly began cursing the courts, expressing his frustration with the decision. This ruling highlighted a major limitation in Trump's economic strategy, as his tariffs were a central component of both his domestic and foreign policies.
The Supreme Court's decision emphasized that the power to impose tariffs lies with Congress, not the President, under the 1977 law referred to as IEPA. This ruling means Trump must now find a way to return $175-$200 billion in tariffs previously collected, which poses a significant financial and logistical challenge for his administration.
Economically, the episode also discussed the disappointing GDP growth for the fourth quarter, which came in at 1.4% versus the expected 3%. This was another blow to Trump's economic narrative, as officials had predicted much higher growth rates.
Inflation figures also presented challenges, as the PCE index came in hotter than expected, countering the administration's claims of economic progress. Trump's national economic advisor, Kevin Hassett, attributed the disappointing economic indicators to Democrats, despite the administration being in charge.
The episode also highlighted Trump's controversial decision to release GDP data before it was officially announced, which is considered unlawful. This action was part of Trump's broader strategy to blame Democrats for economic shortcomings.
Monica Crowley, a former Fox host turned Trump ambassador, issued a statement urging trust in Trump's capabilities despite the setbacks. However, the podcast criticized this as part of a pattern of loyalty to Trump that overlooks significant legal and ethical concerns.
The episode wrapped up with commentary on the ongoing issues surrounding the Epstein files and the lack of transparency from the Trump administration in disclosing related documents. The MeidasTouch Network plans to continue covering these issues, emphasizing the importance of accountability.
Key Insights
- The Supreme Court ruling against Trump's tariffs underscores a critical legal boundary: the power to impose tariffs rests with Congress under the 1977 IEPA law, not the President. This decision forces Trump to navigate the challenge of returning $175-$200 billion in previously collected tariffs.
- Trump's economic narrative took a hit with the fourth quarter GDP growth at 1.4%, falling short of the expected 3%. This discrepancy highlights a significant gap between the administration's optimistic projections and economic reality.
- Releasing GDP data before its official announcement is unlawful, yet Trump did so as part of a strategy to shift blame for economic issues onto Democrats. This move raises ethical concerns about the administration's transparency and adherence to legal norms.
- Despite Trump's setbacks, figures like Monica Crowley remain loyal, urging trust in his capabilities. This loyalty persists even amid significant legal and ethical challenges, reflecting a broader pattern of unwavering support within Trump's circle.
Key Questions Answered
What did the Supreme Court rule about Trump's tariffs on The MeidasTouch Podcast?
The Supreme Court ruled that Trump's tariffs were unlawful, as the power to impose tariffs lies with Congress, not the President, under the 1977 law IEPA. This means Trump must return $175-$200 billion in tariffs.
How did Donald Trump react to the tariff ruling according to The MeidasTouch Podcast?
Trump reacted to the Supreme Court's tariff ruling with a meltdown, expelling the press from a meeting with governors and reportedly cursing the courts, expressing his frustration at the decision.
What economic challenges did the Trump administration face as discussed in The MeidasTouch Podcast?
The Trump administration faced disappointing fourth quarter GDP growth of 1.4% versus the expected 3%, and higher-than-expected inflation figures, which contradicted their economic progress narrative.