1 month ago
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MSNBC’s Lawrence O’Donnell predicted on Wednesday that stocks would rally big on Thursday after a federal trade court blocked President Donald Trump’s plan to impose massive tariffs.
On Thursday, he said, “the world will reset itself around the restoration of law and order in international trade and the crushing of the Trump tariffs and resultant personal worldwide humiliation of Donald Trump.”
He called Trump’s plan “completely illegal” and “constitutionally insane.”
O’Donnell said the court went even further than the plaintiffs had asked, granting a “summary judgment” against Trump.
“Donald Trump’s attempts to kill the Constitution this time have failed,” O’Donnell declared after the unanimous ruling against Trump, later adding that none of the judges ― not even the one appointed by Trump ― accepted “a single word” of his justification for the tariffs.
Trump is appealing the decision.
See more of O’Donnell’s analysis below:
English (US) ·