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Prospector Podcast – Chris Temple: Supreme Court Limits Tariff Powers: USMCA, Fed Policy & Inflation Breakdown
The Prospector’s Michael Fox and The National Investor’s Chris Temple dive into expert analysis of the Supreme Court’s 6-3 ruling striking down President Trump’s use of the International Emergency Economic Powers Act for tariffs—ruling he overstepped authority on $133B potentially refundable out of $293B collected. Chris Temple breaks down the hit to Trump’s trade leverage, USMCA implications (minimal impact on Canada/Mexico), and his pivot to Section 232. We tackle stagflation signals, Biden’s economic messaging critiques, Kevin Warsh’s Fed chair buzz clashing with Jerome Powell’s likely staying overtime, hawkish inflation policies, and risks from oil shocks or Iran tensions. Don’t miss this deep dive on trade wars, Fed drama, and economic headwinds!
Posted February 23, 2026
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