Speaker 1: And welcome back to The Michael Cohen Show on our
continued journey to half a million subscribers. So do me
a favor. Let's get there, hit subscribe, watch comment, keep
the comments coming, and share with your family and friends,
because the stupidity never ends. Meanwhile, last night, since we're
going to talk about stupidity. Last night, a federal court
just invalidated Trump's Liberation Day tariffs, ruling that he exceeded
his authority under the nineteen seventy seven International Emergency Economics
Power Act, now the New York based US Court of
International Trade. They said that Trump cannot bypass Congress to
set trade policy and that these tariffs are unconstitutional and illegal. Now,
mind you, that came from a three judge panel, a
Trump judge, a Reagan judge, and an Obama judge. Here's
a part of the conclusion of the decision. In it,
it turns around and it says the Court holds, for
the foregoing reasons that i EPA does not authorize any
of the worldwide retaliatory or trafficking tariff orders. The worldwide
and Retaliatory tariff orders exceed any authority granted to the
President by ie PA to regulate importation by means of tariffs.
The trafficking tariffs fail because they do not deal with
the threats set forth in those orders. This conclusion entitles
plaintiffs to judgment as a matter of law. As the
court further finds no genuine dispute as to any material fact,
some rejudgment will enter against the United States. The challenge
tariff orders will be vacated and their operation permanently enjoined.
I mean, let me be very very clear, that is
one hell of a scathing, scathing order by this three
panel judge. Now, Trump, of course, tried to distract from
the ruling by quickly posting on truth social about a
court case that he actually won. Let me show it
to you. In his post, he turns around and he says,
and I gotta be honest with you. I read this
thing three times. Still not sure? Breaking obviously meaning breaking
news in a major win in our powerful lawsuit against
the Pulitzer Prize Board regarding the illegal and defamatory award
of their once highly respected prize to fake malicious stories
on the Russia Russia Russia hoax by the failing New
York Times and the Washington Compost. The Florida Appellate Court
viciously rejected the defendant's corrupt attempt to halt the case.
They won a Pulitzer Prize for totally incorrect reporting about
the Russia Russia Russia hoax. Now they admit it was
a scam, never happened, and their reporting was totally, in fact,
the exact opposite of the truth. They'll have to give
back their award. They were awarded for false reporting, and
we can't let that happen in the United States of America.
We are holding a fake news media responsible for their
lives to the American people, so we can together make
America great again. Now, I need to be very clear
about something. I have no idea what he's talking about,
and I don't think reading that post you have any
idea either. None of it makes any sense at all.
This could possibly be one of the five worst word
vomit salid type of Trump rantings that he has put
out literally since he started running for politics. Now, early
in the day yesterday, Trump lashed out at a reporter
when they asked him about this new term called taco trade,
meaning that Trump always checked out. Here's Trump's response. Play
the clip, Mister.
Speaker 2: President, Wallstreet analyst.
Speaker 3: I've coined a new perm called the taco trade.
Speaker 2: They're saying, Trump always chickens out on your.
Speaker 3: Tariff threats, and that's why markets are higher this week.
Speaker 1: What's your response to.
Speaker 2: That, I kick out, kick it out. Oh, then I
check it out. I've never heard that. You mean because
I reduced China from one hundred and forty five percent
that I set down to one hundred and then down
to another number, and I said, you have to open
up your whole country. And because I gave the European
Union a fifty percent tax tariff, and they called up
and they said, please, let's meet right now. Please, let's
meet right now. And I said, okay, I'll give you
till jan nine. I actually asked them, I said what's
the date, because they weren't willing to meet. And after
I did what I did, they said, we'll meet any
time you want, and we have an end date of
July ninth. You call that chickening out.
Speaker 1: Yeah, yeah, Actually, what it means, mister president, is that
on Monday, you have one hundred and fifty percent tariff.
On Tuesday, it's down to twenty percent by Friday. You
have no idea whether you're gonna have a tariff, You're
not gonna have a tarif we're going to keep it
to ten percent. It is all over the place. So yeah,
you throw out these big sort of things and then
you pull them back. That's called chicken and out. So
he continues, of course, to rant on and literally and
on and on and almost cold. In that rant, America
his company play the clip.
Speaker 2: Biden didn't have practically anything. Biden, this country was dying.
You know, we have the hottest country anywhere in the world.
I went to Saudi Arabia. The king told me, he said,
you got the hottest company. We have the hottest country
in the world. Right now. Six months ago this country
was stone called dead. We had a dead country. We
had a country people didn't think it was going to survive.
And you ask a nasty question like that. It's called negotiation,
and you said a number and if you go down.
Speaker 1: Yeah. Meanwhile, America was not on the brink of bankruptcy
under the Biden administration. Look, there are many things that
I disagree with Joe Biden on all right, including staying
in the race as long as he did. But at
no point in time was America on fire. There was
no point in time in America under the Biden administration
or even in the previous Trump administration, that America was
on the verge of bankruptcy. I don't even know why
they're not following up with that question. Meanwhile, this morning,
Kevin hasse it goes of course on Fox, the only
place he'll go, trying to rewrite the narrative about the
taco term because it really pissed Trump off, saying Trump
always wins. Play the clip.
Speaker 2: Re Porters at this point know how to taunt President
Trump by using the term chickening out.
Speaker 4: What's your reaction?
Speaker 5: Yeah, well, actually, I think if President Trump had just
a minute more, if you go back in the room
behind the oval, he's got all his hats and things
over there, and he has a hat which is the
accurate response to what that person said, which is Trump
always wins. You go, look a lot of people aware
of that hat. Trump always wins and Trump was always right.
Those are the two. But Trump does always win these
negotiations because we're right, We're right that America has been
mishandled by other governments, that our tariffs are taking them
to the table and they're coming in with massive concessions,
opening up their markets to our products and lowering their
tariffs on us. And so this trade negotiation season has
been really, really effective for the American people, and it's
unfortunate that people would attack it as the journalist did
or the way the judges. Just did you know that
these activist judges are trying to slow down something right
in the middle of really important negotiations.
Speaker 1: Yeah, and I'm certain that it won't be. And I'm
certain in all fairness, Kevin, that you're an idiot. All right.
The American people aren't blind, nor are we stupid. All right,
the ninety days ninety trade deals that didn't happen. In fact,
you don't even have one done, and the only one
that's even in the works is one against the UK
where we had a trade surplus and you hold a position.
Holy shit. Meanwhile, Robert Armstrong from the Financial Times, he
was the one who actually coined the term taco right,
and he spoke to Caitlyn Collins about Trump's response play
that clip.
Speaker 4: Well, first, I was sort of knocked over that something
that I'd said in my newsletter at the Financial Times
to kind of just capture a little aspect of this
moment made its way to the White House, but I
think the president's response was very telling. The phrase hit
a nerve with him, because, of course, the facts support
the taco thesis, whether it's been on electronics early on,
or the high tariffs on China, or the Liberation Day
reciprocal tariffs, or most recently, the high tariffs on Europe.
Trump talks big blows, his trumpet, makes a huge fuss,
and before negotiations even begin, before he's even made contact
with reality, he backs off, and correspondingly, the market's panic
at first. Then he backs off and markets bounce right
up again, and it's just undeniable that this is part
of the pattern of markets and this administration. Yeah, I mean,
he's right, and it's a term. When you call trumpet chicken,
you're going right to his core. Meanwhile, Senator John Kennedy
was on Fox of course with who yep, Laura Ingraham
when the news broke about the decision. Guy didn't even
blink an eye play the clip.
Speaker 3: This was kind of widely predicted among those who study
trade closely, so those European tariffs blocked.
Speaker 1: Senator your reaction.
Speaker 5: You mean that.
Speaker 3: A federal judge has intervened with the other two branches
ability to make policy. I'm shocked that hasn't happened since yesterday.
It'll be taken up, It'll it'll be it'll be appealed.
I think it's pretty clear that the president has terror
for authority. Congressgated to him. Now. You can you can
debate whether that was a prudent move or not, but
I think it's pretty clear that he has terror for authority.
Speaker 1: Yeah, and I'm pretty sure that you're an idiot. He
goes on and suggests that the case will ultimately go
to the Supreme Court.
Speaker 3: Play that clip sooner, sooner or later, the Supreme Court
is going to have to address this.
Speaker 2: Uh.
Speaker 3: Those who oppose the uh, the executive branch and those
who oppose the legislative branch and are seeking recourse in
the in the courts are at some point going to
dig up more snakes than make and kill because the
judges are going to oh.
Speaker 1: Oh yeah, oh look. This morning, I actually posted my
substack on this exact topic before even knowing the ruling.
And what I wrote in my substack is one ruling
won't stop the takeover. Let me show you what I
had written. Now, Here's the part that should really keep
you up at night. What he's going to do about it.
Because if you think this man, this ego wrapped in flesh,
takes kindly to limits on his power, you haven't been
paying attention. Trump is allergic to accountability. The judiciary a nuisance,
Congress a side show checks and balances that's for suckers
and losers. He doesn't just want to bend the Constitution,
he wants to rewrite it in gold leaf with his
name stamped at the top, like a Trump University diploma.
This ruling isn't going to stop him. It's going to
provoke him. It's going to feed the paranoid narrative he's
been selling to his base that the courts are rigged,
that the judges are all Soros funded leftist lunatics, that
the system is stacked against him, and that only he
can save America from well America. He's already testing the
waters with executive orders that read more like royal decrees.
I mean, you think it's an accident that his inner
circle is exploring ways to strip Congress in the courts
of their coequal powers. It's not paranoia, its strategy. Trump
wants a unitary executive period. He wants to concentrate the
power of government into a single throne, which conveniently he
plans to occupy. No more congressional oversight, no more judicial review,
Just one man, one vision, one tarifuel, temper tantrum at
a time. All right, let me turn around where I
finish it. So here's the real question we almost be
asking ourselves. When Trump retaliates, and I promise you he will,
who's gonna stop him? Will it be the courts again?
Will Congress finally grow a spine? Or will the rest
of us wake up one morning in a country where
one man sets the taxes, picks the winners, and punishes
the rest. You see, this isn't just about tariffs. It's
about whether we will still live in a democracy or
just lease one from Trump's ego. And if we don't
hit the brakes now, like I'm talking right now, the
next stop is a mara lago monarchy where loyalty is mandatory,
truth is optional, and the Constitution gets valet parked. Look,
let me be very clear. We're in a real serious situation.
It's why I say please subscribe, watch, comment, share, Share
this with your friends and family, Share with everyone you
know so we can build this community. Oh big, we
put a stop to this stupidity and as always, thanks
for listening. Hey everyone, First of all, thanks for watching.
I mean we're going to be posting daily episodes with
reactions and talking about politics. We'll be talking about everything
in fact, so please like and subscribe join us on
this journey.