As a major blizzard blankets much of the East Coast, the bigger storm is in Washington. After the Supreme Court of the United States struck down President Donald Trump’s global tariff policy, the President responded with a new 15% tariff on all imports, putting U.S. trade deals and the broader global order in question. CNBC’s Steve Liesman explains the ruling and what comes next. Yale Law School professor and former Biden Treasury official Natasha Sarin debates former Trump economic advisor Stephen Moore on the economic impact and outlook of more tariffs. Then, Washington State Senator Jamie Pedersen discusses his proposal to raise the income tax on millionaires and its likelihood to encourage executives to leave the state. Plus, President Trump urges Netflix to remove board member and former Biden policy chief Susan Rice.
In this episode:
Natasha Sarin, @NatashaRSarin
Stephen Moore, @StephenMoore
Steve Liesman, @SteveLiesman
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY
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