1 00:00:00,200 --> 00:00:02,399 Speaker 1: And welcome back to The Michael Cohen Show on our 2 00:00:02,439 --> 00:00:05,719 continued journey to half a million subscribers. So do me 3 00:00:05,759 --> 00:00:09,640 a favor. Let's get there, hit subscribe, watch comment, keep 4 00:00:09,679 --> 00:00:12,400 the comments coming, and share with your family and friends, 5 00:00:12,560 --> 00:00:16,399 because the stupidity never ends. Meanwhile, last night, since we're 6 00:00:16,399 --> 00:00:20,160 going to talk about stupidity. Last night, a federal court 7 00:00:20,480 --> 00:00:25,960 just invalidated Trump's Liberation Day tariffs, ruling that he exceeded 8 00:00:26,000 --> 00:00:31,440 his authority under the nineteen seventy seven International Emergency Economics 9 00:00:31,519 --> 00:00:34,840 Power Act, now the New York based US Court of 10 00:00:34,920 --> 00:00:39,960 International Trade. They said that Trump cannot bypass Congress to 11 00:00:40,039 --> 00:00:46,719 set trade policy and that these tariffs are unconstitutional and illegal. Now, 12 00:00:46,759 --> 00:00:49,759 mind you, that came from a three judge panel, a 13 00:00:49,799 --> 00:00:54,640 Trump judge, a Reagan judge, and an Obama judge. Here's 14 00:00:54,679 --> 00:00:57,679 a part of the conclusion of the decision. In it, 15 00:00:57,679 --> 00:01:01,359 it turns around and it says the Court holds, for 16 00:01:01,399 --> 00:01:06,400 the foregoing reasons that i EPA does not authorize any 17 00:01:06,439 --> 00:01:12,599 of the worldwide retaliatory or trafficking tariff orders. The worldwide 18 00:01:12,599 --> 00:01:16,959 and Retaliatory tariff orders exceed any authority granted to the 19 00:01:17,000 --> 00:01:22,799 President by ie PA to regulate importation by means of tariffs. 20 00:01:23,480 --> 00:01:26,959 The trafficking tariffs fail because they do not deal with 21 00:01:27,000 --> 00:01:31,359 the threats set forth in those orders. This conclusion entitles 22 00:01:31,400 --> 00:01:34,879 plaintiffs to judgment as a matter of law. As the 23 00:01:34,920 --> 00:01:40,000 court further finds no genuine dispute as to any material fact, 24 00:01:40,480 --> 00:01:44,920 some rejudgment will enter against the United States. The challenge 25 00:01:44,959 --> 00:01:50,519 tariff orders will be vacated and their operation permanently enjoined. 26 00:01:51,239 --> 00:01:53,599 I mean, let me be very very clear, that is 27 00:01:53,760 --> 00:01:59,120 one hell of a scathing, scathing order by this three 28 00:01:59,200 --> 00:02:03,519 panel judge. Now, Trump, of course, tried to distract from 29 00:02:03,519 --> 00:02:07,680 the ruling by quickly posting on truth social about a 30 00:02:07,760 --> 00:02:11,159 court case that he actually won. Let me show it 31 00:02:11,199 --> 00:02:14,280 to you. In his post, he turns around and he says, 32 00:02:14,360 --> 00:02:16,240 and I gotta be honest with you. I read this 33 00:02:16,319 --> 00:02:21,599 thing three times. Still not sure? Breaking obviously meaning breaking 34 00:02:21,680 --> 00:02:25,639 news in a major win in our powerful lawsuit against 35 00:02:25,639 --> 00:02:30,280 the Pulitzer Prize Board regarding the illegal and defamatory award 36 00:02:30,520 --> 00:02:35,120 of their once highly respected prize to fake malicious stories 37 00:02:35,159 --> 00:02:38,479 on the Russia Russia Russia hoax by the failing New 38 00:02:38,560 --> 00:02:43,680 York Times and the Washington Compost. The Florida Appellate Court 39 00:02:43,800 --> 00:02:48,000 viciously rejected the defendant's corrupt attempt to halt the case. 40 00:02:48,479 --> 00:02:52,639 They won a Pulitzer Prize for totally incorrect reporting about 41 00:02:52,680 --> 00:02:56,479 the Russia Russia Russia hoax. Now they admit it was 42 00:02:56,520 --> 00:03:01,080 a scam, never happened, and their reporting was totally, in fact, 43 00:03:01,400 --> 00:03:04,680 the exact opposite of the truth. They'll have to give 44 00:03:04,759 --> 00:03:08,080 back their award. They were awarded for false reporting, and 45 00:03:08,120 --> 00:03:11,039 we can't let that happen in the United States of America. 46 00:03:11,560 --> 00:03:14,879 We are holding a fake news media responsible for their 47 00:03:14,919 --> 00:03:19,039 lives to the American people, so we can together make 48 00:03:19,120 --> 00:03:22,560 America great again. Now, I need to be very clear 49 00:03:22,599 --> 00:03:26,159 about something. I have no idea what he's talking about, 50 00:03:26,439 --> 00:03:29,719 and I don't think reading that post you have any 51 00:03:29,759 --> 00:03:33,080 idea either. None of it makes any sense at all. 52 00:03:33,240 --> 00:03:37,800 This could possibly be one of the five worst word 53 00:03:38,000 --> 00:03:42,520 vomit salid type of Trump rantings that he has put 54 00:03:42,560 --> 00:03:48,120 out literally since he started running for politics. Now, early 55 00:03:48,240 --> 00:03:51,639 in the day yesterday, Trump lashed out at a reporter 56 00:03:52,080 --> 00:03:57,479 when they asked him about this new term called taco trade, 57 00:03:57,800 --> 00:04:03,280 meaning that Trump always checked out. Here's Trump's response. Play 58 00:04:03,319 --> 00:04:04,439 the clip, Mister. 59 00:04:04,199 --> 00:04:05,319 Speaker 2: President, Wallstreet analyst. 60 00:04:05,360 --> 00:04:07,400 Speaker 3: I've coined a new perm called the taco trade. 61 00:04:07,439 --> 00:04:10,199 Speaker 2: They're saying, Trump always chickens out on your. 62 00:04:10,039 --> 00:04:12,400 Speaker 3: Tariff threats, and that's why markets are higher this week. 63 00:04:12,560 --> 00:04:13,520 Speaker 1: What's your response to. 64 00:04:13,479 --> 00:04:17,439 Speaker 2: That, I kick out, kick it out. Oh, then I 65 00:04:17,560 --> 00:04:19,639 check it out. I've never heard that. You mean because 66 00:04:19,680 --> 00:04:22,720 I reduced China from one hundred and forty five percent 67 00:04:22,759 --> 00:04:25,399 that I set down to one hundred and then down 68 00:04:25,399 --> 00:04:28,000 to another number, and I said, you have to open 69 00:04:28,079 --> 00:04:32,759 up your whole country. And because I gave the European 70 00:04:32,879 --> 00:04:38,439 Union a fifty percent tax tariff, and they called up 71 00:04:38,480 --> 00:04:40,959 and they said, please, let's meet right now. Please, let's 72 00:04:41,040 --> 00:04:43,759 meet right now. And I said, okay, I'll give you 73 00:04:44,480 --> 00:04:47,040 till jan nine. I actually asked them, I said what's 74 00:04:47,040 --> 00:04:49,680 the date, because they weren't willing to meet. And after 75 00:04:49,759 --> 00:04:52,560 I did what I did, they said, we'll meet any 76 00:04:52,600 --> 00:04:55,959 time you want, and we have an end date of 77 00:04:56,079 --> 00:04:58,959 July ninth. You call that chickening out. 78 00:04:59,240 --> 00:05:03,160 Speaker 1: Yeah, yeah, Actually, what it means, mister president, is that 79 00:05:03,240 --> 00:05:06,720 on Monday, you have one hundred and fifty percent tariff. 80 00:05:06,759 --> 00:05:10,639 On Tuesday, it's down to twenty percent by Friday. You 81 00:05:10,680 --> 00:05:13,199 have no idea whether you're gonna have a tariff, You're 82 00:05:13,240 --> 00:05:14,480 not gonna have a tarif we're going to keep it 83 00:05:14,480 --> 00:05:17,720 to ten percent. It is all over the place. So yeah, 84 00:05:17,959 --> 00:05:20,759 you throw out these big sort of things and then 85 00:05:20,800 --> 00:05:24,319 you pull them back. That's called chicken and out. So 86 00:05:24,439 --> 00:05:27,920 he continues, of course, to rant on and literally and 87 00:05:27,959 --> 00:05:32,040 on and on and almost cold. In that rant, America 88 00:05:32,560 --> 00:05:34,519 his company play the clip. 89 00:05:34,600 --> 00:05:38,920 Speaker 2: Biden didn't have practically anything. Biden, this country was dying. 90 00:05:38,959 --> 00:05:40,920 You know, we have the hottest country anywhere in the world. 91 00:05:40,920 --> 00:05:44,079 I went to Saudi Arabia. The king told me, he said, 92 00:05:44,079 --> 00:05:46,439 you got the hottest company. We have the hottest country 93 00:05:46,480 --> 00:05:49,639 in the world. Right now. Six months ago this country 94 00:05:49,759 --> 00:05:53,360 was stone called dead. We had a dead country. We 95 00:05:53,399 --> 00:05:55,480 had a country people didn't think it was going to survive. 96 00:05:55,519 --> 00:05:59,959 And you ask a nasty question like that. It's called negotiation, 97 00:06:00,079 --> 00:06:02,360 and you said a number and if you go down. 98 00:06:02,839 --> 00:06:07,040 Speaker 1: Yeah. Meanwhile, America was not on the brink of bankruptcy 99 00:06:07,120 --> 00:06:09,920 under the Biden administration. Look, there are many things that 100 00:06:10,000 --> 00:06:13,959 I disagree with Joe Biden on all right, including staying 101 00:06:14,000 --> 00:06:16,279 in the race as long as he did. But at 102 00:06:16,279 --> 00:06:19,600 no point in time was America on fire. There was 103 00:06:19,680 --> 00:06:23,079 no point in time in America under the Biden administration 104 00:06:23,279 --> 00:06:27,240 or even in the previous Trump administration, that America was 105 00:06:27,279 --> 00:06:30,240 on the verge of bankruptcy. I don't even know why 106 00:06:30,279 --> 00:06:33,480 they're not following up with that question. Meanwhile, this morning, 107 00:06:34,040 --> 00:06:37,000 Kevin hasse it goes of course on Fox, the only 108 00:06:37,040 --> 00:06:40,879 place he'll go, trying to rewrite the narrative about the 109 00:06:40,920 --> 00:06:45,240 taco term because it really pissed Trump off, saying Trump 110 00:06:45,480 --> 00:06:47,720 always wins. Play the clip. 111 00:06:47,839 --> 00:06:51,240 Speaker 2: Re Porters at this point know how to taunt President 112 00:06:51,240 --> 00:06:53,399 Trump by using the term chickening out. 113 00:06:53,399 --> 00:06:54,120 Speaker 4: What's your reaction? 114 00:06:55,199 --> 00:06:57,959 Speaker 5: Yeah, well, actually, I think if President Trump had just 115 00:06:58,120 --> 00:07:00,480 a minute more, if you go back in the room 116 00:07:00,560 --> 00:07:03,240 behind the oval, he's got all his hats and things 117 00:07:03,240 --> 00:07:05,399 over there, and he has a hat which is the 118 00:07:05,560 --> 00:07:07,879 accurate response to what that person said, which is Trump 119 00:07:07,959 --> 00:07:11,120 always wins. You go, look a lot of people aware 120 00:07:11,120 --> 00:07:13,199 of that hat. Trump always wins and Trump was always right. 121 00:07:13,240 --> 00:07:16,079 Those are the two. But Trump does always win these 122 00:07:16,079 --> 00:07:19,439 negotiations because we're right, We're right that America has been 123 00:07:19,600 --> 00:07:23,199 mishandled by other governments, that our tariffs are taking them 124 00:07:23,240 --> 00:07:27,639 to the table and they're coming in with massive concessions, 125 00:07:27,680 --> 00:07:30,480 opening up their markets to our products and lowering their 126 00:07:30,480 --> 00:07:35,000 tariffs on us. And so this trade negotiation season has 127 00:07:35,040 --> 00:07:38,279 been really, really effective for the American people, and it's 128 00:07:38,360 --> 00:07:41,680 unfortunate that people would attack it as the journalist did 129 00:07:41,800 --> 00:07:44,319 or the way the judges. Just did you know that 130 00:07:44,360 --> 00:07:47,360 these activist judges are trying to slow down something right 131 00:07:47,360 --> 00:07:49,319 in the middle of really important negotiations. 132 00:07:49,879 --> 00:07:52,800 Speaker 1: Yeah, and I'm certain that it won't be. And I'm 133 00:07:52,839 --> 00:07:56,040 certain in all fairness, Kevin, that you're an idiot. All right. 134 00:07:56,160 --> 00:08:00,399 The American people aren't blind, nor are we stupid. All right, 135 00:08:00,600 --> 00:08:04,319 the ninety days ninety trade deals that didn't happen. In fact, 136 00:08:04,399 --> 00:08:06,920 you don't even have one done, and the only one 137 00:08:06,920 --> 00:08:09,759 that's even in the works is one against the UK 138 00:08:10,079 --> 00:08:15,120 where we had a trade surplus and you hold a position. 139 00:08:16,240 --> 00:08:20,360 Holy shit. Meanwhile, Robert Armstrong from the Financial Times, he 140 00:08:20,480 --> 00:08:24,000 was the one who actually coined the term taco right, 141 00:08:24,079 --> 00:08:28,639 and he spoke to Caitlyn Collins about Trump's response play 142 00:08:28,680 --> 00:08:29,240 that clip. 143 00:08:31,000 --> 00:08:34,799 Speaker 4: Well, first, I was sort of knocked over that something 144 00:08:34,799 --> 00:08:37,519 that I'd said in my newsletter at the Financial Times 145 00:08:37,919 --> 00:08:40,759 to kind of just capture a little aspect of this 146 00:08:40,879 --> 00:08:45,159 moment made its way to the White House, but I 147 00:08:45,200 --> 00:08:50,240 think the president's response was very telling. The phrase hit 148 00:08:50,279 --> 00:08:54,279 a nerve with him, because, of course, the facts support 149 00:08:54,559 --> 00:08:59,080 the taco thesis, whether it's been on electronics early on, 150 00:08:59,480 --> 00:09:02,720 or the high tariffs on China, or the Liberation Day 151 00:09:02,759 --> 00:09:06,759 reciprocal tariffs, or most recently, the high tariffs on Europe. 152 00:09:07,159 --> 00:09:11,240 Trump talks big blows, his trumpet, makes a huge fuss, 153 00:09:11,320 --> 00:09:16,159 and before negotiations even begin, before he's even made contact 154 00:09:16,200 --> 00:09:20,320 with reality, he backs off, and correspondingly, the market's panic 155 00:09:20,360 --> 00:09:23,840 at first. Then he backs off and markets bounce right 156 00:09:23,919 --> 00:09:28,120 up again, and it's just undeniable that this is part 157 00:09:28,159 --> 00:09:32,440 of the pattern of markets and this administration. Yeah, I mean, 158 00:09:32,559 --> 00:09:36,279 he's right, and it's a term. When you call trumpet chicken, 159 00:09:36,320 --> 00:09:39,799 you're going right to his core. Meanwhile, Senator John Kennedy 160 00:09:40,000 --> 00:09:44,240 was on Fox of course with who yep, Laura Ingraham 161 00:09:44,480 --> 00:09:47,879 when the news broke about the decision. Guy didn't even 162 00:09:47,919 --> 00:09:50,000 blink an eye play the clip. 163 00:09:50,639 --> 00:09:54,000 Speaker 3: This was kind of widely predicted among those who study 164 00:09:54,080 --> 00:09:57,600 trade closely, so those European tariffs blocked. 165 00:09:57,960 --> 00:09:59,399 Speaker 1: Senator your reaction. 166 00:10:03,720 --> 00:10:04,440 Speaker 5: You mean that. 167 00:10:05,960 --> 00:10:11,039 Speaker 3: A federal judge has intervened with the other two branches 168 00:10:11,440 --> 00:10:17,519 ability to make policy. I'm shocked that hasn't happened since yesterday. 169 00:10:18,159 --> 00:10:22,159 It'll be taken up, It'll it'll be it'll be appealed. 170 00:10:22,559 --> 00:10:25,039 I think it's pretty clear that the president has terror 171 00:10:25,080 --> 00:10:28,399 for authority. Congressgated to him. Now. You can you can 172 00:10:28,440 --> 00:10:32,240 debate whether that was a prudent move or not, but 173 00:10:32,600 --> 00:10:34,960 I think it's pretty clear that he has terror for authority. 174 00:10:35,120 --> 00:10:38,399 Speaker 1: Yeah, and I'm pretty sure that you're an idiot. He 175 00:10:38,480 --> 00:10:41,519 goes on and suggests that the case will ultimately go 176 00:10:41,639 --> 00:10:42,720 to the Supreme Court. 177 00:10:42,960 --> 00:10:45,879 Speaker 3: Play that clip sooner, sooner or later, the Supreme Court 178 00:10:45,960 --> 00:10:47,240 is going to have to address this. 179 00:10:48,039 --> 00:10:48,279 Speaker 2: Uh. 180 00:10:48,320 --> 00:10:52,799 Speaker 3: Those who oppose the uh, the executive branch and those 181 00:10:52,799 --> 00:10:56,639 who oppose the legislative branch and are seeking recourse in 182 00:10:56,759 --> 00:10:59,960 the in the courts are at some point going to 183 00:11:00,120 --> 00:11:03,360 dig up more snakes than make and kill because the 184 00:11:03,480 --> 00:11:05,039 judges are going to oh. 185 00:11:04,960 --> 00:11:10,399 Speaker 1: Oh yeah, oh look. This morning, I actually posted my 186 00:11:10,600 --> 00:11:15,279 substack on this exact topic before even knowing the ruling. 187 00:11:16,080 --> 00:11:18,960 And what I wrote in my substack is one ruling 188 00:11:19,480 --> 00:11:22,639 won't stop the takeover. Let me show you what I 189 00:11:22,679 --> 00:11:25,639 had written. Now, Here's the part that should really keep 190 00:11:25,679 --> 00:11:28,279 you up at night. What he's going to do about it. 191 00:11:29,080 --> 00:11:32,440 Because if you think this man, this ego wrapped in flesh, 192 00:11:32,559 --> 00:11:35,679 takes kindly to limits on his power, you haven't been 193 00:11:35,679 --> 00:11:41,360 paying attention. Trump is allergic to accountability. The judiciary a nuisance, 194 00:11:41,759 --> 00:11:45,960 Congress a side show checks and balances that's for suckers 195 00:11:45,960 --> 00:11:49,480 and losers. He doesn't just want to bend the Constitution, 196 00:11:49,960 --> 00:11:52,399 he wants to rewrite it in gold leaf with his 197 00:11:52,559 --> 00:11:56,720 name stamped at the top, like a Trump University diploma. 198 00:11:56,840 --> 00:12:00,039 This ruling isn't going to stop him. It's going to 199 00:12:00,120 --> 00:12:04,159 provoke him. It's going to feed the paranoid narrative he's 200 00:12:04,200 --> 00:12:07,200 been selling to his base that the courts are rigged, 201 00:12:07,399 --> 00:12:11,600 that the judges are all Soros funded leftist lunatics, that 202 00:12:11,720 --> 00:12:14,919 the system is stacked against him, and that only he 203 00:12:15,720 --> 00:12:20,600 can save America from well America. He's already testing the 204 00:12:20,639 --> 00:12:24,519 waters with executive orders that read more like royal decrees. 205 00:12:25,039 --> 00:12:27,360 I mean, you think it's an accident that his inner 206 00:12:27,399 --> 00:12:31,039 circle is exploring ways to strip Congress in the courts 207 00:12:31,200 --> 00:12:37,320 of their coequal powers. It's not paranoia, its strategy. Trump 208 00:12:37,360 --> 00:12:41,679 wants a unitary executive period. He wants to concentrate the 209 00:12:41,720 --> 00:12:46,000 power of government into a single throne, which conveniently he 210 00:12:46,240 --> 00:12:51,519 plans to occupy. No more congressional oversight, no more judicial review, 211 00:12:51,960 --> 00:12:57,120 Just one man, one vision, one tarifuel, temper tantrum at 212 00:12:57,120 --> 00:13:00,279 a time. All right, let me turn around where I 213 00:13:00,360 --> 00:13:03,240 finish it. So here's the real question we almost be 214 00:13:03,320 --> 00:13:08,200 asking ourselves. When Trump retaliates, and I promise you he will, 215 00:13:08,759 --> 00:13:11,879 who's gonna stop him? Will it be the courts again? 216 00:13:12,480 --> 00:13:15,440 Will Congress finally grow a spine? Or will the rest 217 00:13:15,480 --> 00:13:18,200 of us wake up one morning in a country where 218 00:13:18,200 --> 00:13:21,919 one man sets the taxes, picks the winners, and punishes 219 00:13:22,000 --> 00:13:25,320 the rest. You see, this isn't just about tariffs. It's 220 00:13:25,320 --> 00:13:28,320 about whether we will still live in a democracy or 221 00:13:28,440 --> 00:13:31,879 just lease one from Trump's ego. And if we don't 222 00:13:31,919 --> 00:13:35,279 hit the brakes now, like I'm talking right now, the 223 00:13:35,360 --> 00:13:39,879 next stop is a mara lago monarchy where loyalty is mandatory, 224 00:13:40,200 --> 00:13:45,399 truth is optional, and the Constitution gets valet parked. Look, 225 00:13:45,559 --> 00:13:48,840 let me be very clear. We're in a real serious situation. 226 00:13:49,080 --> 00:13:54,320 It's why I say please subscribe, watch, comment, share, Share 227 00:13:54,360 --> 00:13:57,360 this with your friends and family, Share with everyone you 228 00:13:57,480 --> 00:14:00,960 know so we can build this community. Oh big, we 229 00:14:01,039 --> 00:14:04,919 put a stop to this stupidity and as always, thanks 230 00:14:05,000 --> 00:14:08,080 for listening. Hey everyone, First of all, thanks for watching. 231 00:14:08,159 --> 00:14:11,279 I mean we're going to be posting daily episodes with 232 00:14:11,480 --> 00:14:15,559 reactions and talking about politics. We'll be talking about everything 233 00:14:15,639 --> 00:14:19,440 in fact, so please like and subscribe join us on 234 00:14:19,480 --> 00:14:20,120 this journey.