When the levy brakes: Trump’s tariffs struck down

The podcast examines Donald Trump's ongoing efforts to impose tariffs despite Supreme Court opposition, focusing on the implications of his new 15% tariff under Section 122 of the Trade Act of 1974. Business affairs editor Rachana Shanbhogue explains that this action, initiated after the Supreme Court struck down his previous tariff policies, is based on claims of a balance of payments deficit. The ruling could lower America's effective tariff rate by about half. The discussion highlights the resulting confusion for businesses and international trade partners, including potential disadvantages for countries like Britain that previously negotiated deals. The podcast further analyzes the political ramifications, suggesting a potential shift in the Supreme Court's stance towards the former president. It also explores the challenges facing the Liberal Party in Australia, threatened by the rise of the One Nation party and the "teal" independents, potentially fragmenting the center-right and benefiting the Labour Party. Finally, the podcast explores the enduring appeal of Agatha Christie's works, attributing it to her unlikely sleuths, isolated settings, and clever plots.