Larry Elder: There are ‘other ways' to implement tariffs

Fox Business | February 21, 2026 at 04:16 AM UTC
Neutral 85% Confidence
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Key Points

  • President Trump expresses disappointment with the Supreme Court's decision on tariffs but states existing national security tariffs under Sections 232 and 301 remain in full force.
  • Trump announces he will sign an order imposing a 10% global tariff under Section 122, and will initiate other investigations to protect the country from unfair trading practices.
  • Justice Kavanaugh's dissent and expert commentary highlight that the President retains broad tariff authority under other U.S. laws (e.g., Tariff Act of 1930, Trade Expansion Act of 1962, Trade Act of 1974).
  • Former U.S. Treasury Secretary Scott Bessent argues the ruling is a 'loss for the American people' as it removes 'instantaneous leverage' but notes the Supreme Court affirmed the President's right to impose a full embargo, which is a more draconian measure.

AI Summary

The discussion centers on the Supreme Court's ruling striking down some of President Trump's tariffs, which he calls 'a disgrace.' Despite the setback, Trump asserts that existing national security tariffs remain in place and he will impose new global tariffs under different authorities. Experts discuss the legal avenues available to the President for implementing tariffs and their role in foreign policy and protecting U.S. interests.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Neutral 85%
Consensus Neutral 85%