The Journal. • 31 May 2025

Trump's Plan B After Trade Court Setback

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This week, an obscure trade court dropped a bombshell ruling: President Trump did not have the authority to issue sweeping tariffs under a 1977 law. The government has appealed the court’s decision. WSJ’s James Fanelli and Gavin Bade dig into the ruling and what it could mean for the future of Trump’s trade agenda. Annie Minoff hosts. Further Listening: The Tariff Trade Off: Jobs vs. Higher Prices  A Tariff Loophole Just Closed. What That Means for Online Shopping  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices