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Connect the World
U.S. Democrats Send Message to Trump with Election Sweep; Democrat Spanberger Wins Virginia Governor's Race; Fiery UPS Cargo Plane Crash in Kentucky Kills 9; Chinese Astronauts' Return to Earth Delayed; Trump: Tariff Case is "Life or Death for Our Country". Aired 9-9:45a ET
Aired November 05, 2025 - 09:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
[09:00:00]
BECKY ANDERSON, CNN ANCHOR, CONNECT THE WORLD: Well, this is the scene in Washington, where the government shutdown is now officially the longest in
U.S. history. 09:00 a.m. in D.C. It is 06:00 p.m. here in Abu Dhabi from CNN's Middle East programming headquarters. I'm Becky Anderson, and you are
watching "Connect the World".
Also coming up Donald Trump, partly blaming the shutdown for the most successful elections for Democrats in a very long time. We'll look at the
winners and what it says about the future of the parties. Plus, officials confirm the death toll has risen to nine in Kentucky after a terrifying
plane crash.
Stock markets in New York opening in about 30 minutes. Futures indicating a modest bump on the open for indexes after what was a bruising session on
Tuesday. Watch those tech stocks again today as questions abound about these sky-high valuations. We begin with a political earthquake in the
United States.
There are plenty of questions today about the state of the Republican Party following a momentous win for President Donald Trump's democratic
adversaries. The president just spoke. Have a listen.
(BEGIN VIDEO CLIP)
DONALD TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA: Last night, it was not expected to be a victory. I don't think it was good for Republicans. I
don't think it was good. I'm not sure it was good. I'm not sure it was good for anybody, but we had an interesting evening, and we learned a lot.
(END VIDEO CLIP)
ANDERSON: Well, President Trump speaking after what can only be described as a tough night for his Republican Party. Democrats swept important races
coast to coast on Tuesday night, the first big win for Democrats came in Virginia's Governor's race. Former CIA Officer and Congresswoman Abigail
Spanberger offered a traditional unifying message. Have a listen.
(BEGIN VIDEO CLIP)
ABIGAIL SPANBERGER, VIRGINIA GOVERNOR-ELECT: We are built on the things we share, not the things that pull us apart. And I am proud that our campaign
earned votes from Democrats, Republicans, independents and everyone in between.
(END VIDEO CLIP)
ANDERSON: Well in New Jersey, the Governor-elect Mikie Sherrill pointedly referenced the no kings anti-President Trump sentiment seen in protests
across the country.
(BEGIN VIDEO CLIP)
MIKIE SHERRILL, NEW JERSEY GOVERNOR-ELECT: We're going to follow Lady Liberty speaking. We're not going to give in to our darker impulses. Here
in New Jersey, we know that this nation has not ever been, nor will it ever be ruled by kings.
(END VIDEO CLIP)
ANDERSON: That was a story in New Jersey. In New York the city's first Muslim mayor-elect was explicit in his anti-Trump messaging.
(BEGIN VIDEO CLIP)
ZOHRAN MAMDANI, NEW YORK MAYOR-ELECT: If anyone can show a nation betrayed by Donald Trump how to defeat him, it is the city that gave rise to him.
(END VIDEO CLIP)
ANDERSON: And today, the U.S. government shutdown becomes the longest in the country's history. This is day 36 surpassing the previous record set
during Donald Trump's first term. Well, that ongoing shutdown means millions of Americans aren't getting the benefits they need to feed their
families.
[09:05:00]
CNN's Gloria Pazmino is live for us in New York and CNN's Jeff Zeleny is in Richmond, Virginia for us. Gloria, let's start with you. When are we
expecting to hear from Mamdani again? That is going to be soon, correct?
GLORIA PAZMINO, CNN CORRESPONDENT: That's right, Becky, actually, in just a few short hours, as soon as Mamdani here with you, I am jetting off to
Queens, where Mamdani is going to be holding an official transition event, and that is because Mamdani now has 58 days before he is sworn into office
on January 1st to set up his administration and his cabinet.
So, the next few days are going to be very closely watched by everyone here in New York City to see what he does. He ran this campaign for the better
part of a year, non-stop. He was sort of, you know, omnipresent on the campaign trail, and that's very hard to do, but in some ways the harder
part comes now.
And that is, of course, governing the City of New York, which is an extremely complex bureaucracy, a multibillion-dollar budget, $115 billion
budget here in New York City, 300,000 municipal employees. So, he has his work cut out for him, a very tough job.
It is often referred to as the second most important job in American politics, and no doubt Mamdani is trying to prepare for that. So, we'll be
hearing from him in just a few hours. Last night, as you saw, there a really just rousing victory speech. Mamdani speaking directly to many of
the New Yorkers who supported his campaign, specifically immigrant New Yorkers, really sending a message about the symbolism behind his campaign.
Mamdani making history, not only as the youngest mayor elected in more than a century here in New York City, but also the first Muslim mayor, the first
South Asian Mayor. You know, that was a moment where the crowd was really just emotional at the significance of his election and also sending a
message directly to President Trump.
At one point, Mamdani saying during his speech that he knew Trump was watching, encouraging him to turn up the volume and listen to him speak. It
was a moment that just had the crowd up on its feet, and really the energy was electric inside that room last night. The question here, of course, is
how these two are going to get along and whether or not they will be able to work together in any sort of way, Becky.
ANDERSON: We'll let you go and get off to Queens. Thank you for that. Jeff, the Virginia Governor-elect, represents almost the opposite wing of the
Democratic Party to the New York Mayor-elect. What did Tuesday show us about what matters to Americans who were voting and about the Democratic
Party?
JEFF ZELENY, CNN CHIEF NATIONAL AFFAIRS CORRESPONDENT: Well Becky, so many differences. There is no doubt in terms of world view background. But there
was a through line through all of the democratic elections, both here in Virginia, New Jersey and New York.
And that was affordability living in Donald Trump's America now, nearly one year into his second term, the costs of groceries are higher. The cost of
energy is higher. And this is something that President Trump, of course, not all of it is to be blamed on him. However, he ran on the idea of
bringing down costs.
So, the whole idea of affordability just how expensive it is to live day in and day out. That is the through line of Democrats. You are right.
Otherwise, there are so many differences, but it reflected and underscored just if Democrats are going to rebuild and revive, they will need a big
tent in which to do so, finding Democrats who work in places where they are running.
Of course, a Democrat here in Virginia will not be the same as one running for the Mayor of New York. But the challenge for the Democratic Party is,
is the brand of the party going to be about Mamdani. Republicans are going to make him the face of the Democratic Party, even though that's, of
course, not the full picture.
These Democratic Governor races are certainly quite extraordinary, not just for winning that happens, but the size of their win some 15 points here in
Virginia, nearly the same in New Jersey. That is a referendum and a rebuke to the Trump Administration. There's just no other way to look at it.
ANDERSON: Yeah, and Jeff CNN's exit poll found that Abigail Spanberger won 61 percent of the vote of those who have a federal worker in their
household. Just explain the context of what is now this record-breaking shutdown on these elections.
[09:10:00]
ZELENY: I mean, Becky, it's extraordinary when you think just really the closing chapter of these campaigns all unfolding as the government was shut
down. So federal workers not being paid, and not just federal workers, the government contractors, people who really devise their or make their living
off of the working for the public.
They were not getting paid. So that was an extraordinary number, but not surprising everywhere we went in really, the last few weeks, particularly
here in Virginia, which, of course, is a bedroom state next door to Washington, D.C., the lifeblood of so many people is the federal
government.
But it wasn't just the shutdown. It's also just the last 9 or 10 months of this Trump Administration, starting with the furlough, starting with the
massive layoffs and the Elon Musk DOGE efforts to shrink the government. All that, certainly that pent up frustration and anger.
And even canceling things like scientists Research on Cancer and things, a lot of those actual people doing those jobs live here in the Commonwealth
of Virginia. So, there is no doubt this was just an extraordinary rebuke, but sort of stepping back a little bit more than Virginia and New Jersey,
even looking at some of the other smaller races that really had nothing to do with national politics, a couple races in the State of Georgia, for
example, for just a Statewide Public Service Commission.
It sounds sort of arcane, but even Democrats won those seats. So, across the board, it was just a drubbing for Republicans. That does not mean that
the same will happen next year or in three years from now, but it gives Democrats a shot in the arm, no doubt about it. And the question is, what
lessons will Republicans take from this.
The president seething this morning, but certainly not owning any of the blame for himself.
ANDERSON: Yeah, absolutely, Jeff, it's always good to have you. Thank you very much indeed. Jeff is in Virginia for you. I want to bring in Former
Trump Administration Official Matt Mowers and Democratic Strategist Meghan Hays now. And Meghan, Mamdani is the candidate and now mayor-elect
generating the most bars, even internationally, I have to say.
What do you think the -- what message do you think Democratic candidates looking to these midterms that Jeff just referenced, should take from his
win specifically?
MEGHAN HAYS, FORMER WHITE HOUSE DIRECTOR OF MESSAGE PLANNING: Talk about issues that matter to the people, which is affordability, the economy. The
American people cannot afford basic cost of living, housing, groceries, insurance. And that is what Mamdani did.
He went out and he talked to people, and he stuck to an affordability message for over a year. There's incredible message discipline, and he was
rewarded for it, last night. His solutions will not work everywhere in our country. They did not work in Virginia or New Jersey.
Abigail Spanberger and Mikie Sherrill are very different candidates and very much more moderate, but they all were talking about affordability and
providing solutions, and that is what the American people want to look for that they're not getting from Donald Trump.
ANDERSON: That is fascinating. Matt, let me bring you in on the flip side, moderate Democrats did move elsewhere. Take a listen to something else. The
Virginia Governor-elect said last night.
(BEGIN VIDEO CLIP)
SPANBERGER: We sent a message to the whole world that in 2025. Virginia chose pragmatism over partisanship. We chose our Commonwealth over chaos.
(END VIDEO CLIP)
ANDERSON: We know to a degree that Donald Trump, at least, if not, Republicans would quite like to have Mamdani as a poster child, because his
sort of Democratic socialism is something they think is going to turn people off. But when Republicans hear a speech like that and think about
how she won last night.
Do you think they'll worry that moderate and independent voters who aren't as excited about Democratic socialism, that of Mamdani will get that
message and it will resonate with them?
MATT MOWERS, FORMER TRUMP ADMINISTRATION OFFICIAL: Well, I think it's important to table set a little bit here, right? I mean, Virginia and New
Jersey are not exactly bellwethers. These are two states that Donald Trump has never won, right? I mean, he did significantly better in 2024
specifically in New Jersey, than he had done either two times before.
But this, you know, we're not talking about an election in Michigan or Pennsylvania or Nevada.
ANDERSON: Right.
MOWERS: Or anything that we would say is -- swing seats. These are Democratic -- seats. Now, what I'll say about your question, though, is
that, at the end of the day, you know what we see come out next year will be somewhat about what happens from the Democratic Party writ large, right?
[09:15:00]
Sherrill and Spanberger both made it through Democratic primaries, but there's no guarantee that every single more, let's call them more moderate,
even though you would argue that if you looked at policy positions, they're probably left of center for serving are going to make it through.
And you look at maybe the case of Maine, for example, right now you have Susan Collins, a pretty popular Republican Senator from a New England tough
state for Republicans to win. You have a very divisive Democratic primary happening right now. You have the establishment candidate and the Incumbent
Governor, Janet Mills, you have the insurgent progressive, socialist aligned candidate in Graham Platner.
Right now, if I were betting, I bet Graham Platner is going to be the nominee, and that's probably one less Senate seat Democrats down on trying
to win.
ANDERSON: Yeah.
MOWERS: And so, I do think this fisher point --
ANDERSON: You sort of dismissing the fact that there's that you think there's any concern here by Republicans about, you know, what happened last
night? I mean, let's hear from Donald Trump. These were his thoughts. He clearly, you know, doesn't like what he's seen. These are his thoughts on
what went wrong.
(BEGIN VIDEO CLIP)
TRUMP: But I thought we'd have a discussion after the press leaves about what last night represented and what we should do about it, and also about
the shutdown, how that relates to last night. I think you read the pollsters, the shutdown was a big factor negative for the Republicans.
(END VIDEO CLIP)
ANDERSON: Meghan, and then I'll bring you back in Matt. Meghan, how much do you believe the shutdown was a factor, and will voters continue to remember
it and hold Republicans responsible a year out?
HAYS: I think it's a factor that is playing out in the news, and it's just more chaos that Donald Trump and the Republicans are creating in the
country. But I don't think it's going to be a deciding factor as we move into the midterms. There will be four other crises that we will be dealing
with, and other economic issues.
But I do think that the Republicans should take note that bending a knee to Donald Trump is not going to get them elected. They answer to their
constituents in their own states and districts, and they're not going to be able to fall back on Donald Trump. He is not going to be on the ballot.
And unless they start picking up these economic policies and making the country more affordable, they're not going to win. So, it doesn't matter if
Democrats have a progressive candidate or a moderate candidate. The American people spoke last night all over. They did speak in Detroit, the
Democrat won.
They did speak in Pennsylvania, Pittsburgh, the mayor won. That was a Democrat. So, people are showing impacts here further down ballot that the
Republicans should pay attention to, because they are in fear of losing a lot of seats next year if they do not start to wake up and start talking
about the economy, which is the most important thing to every American.
ANDERSON: And Matt, let's talk about California's redistricting vote, because that happened last night as well, the district map of California
will look very different, much bluer. This is a response to similar moves by Republicans in states like Texas. Does it mean that polarization, to
your mind will only get worse at this point?
MOWERS: Well, look, it's true. If you look at the battleground for the battleground districts for Congress, the number of actual true swing seats
has shrunk dramatically in the last decade as both parties, primarily, by the way, in states like Illinois and New York and Maryland.
Democratic states where they've kind of drawn basically, a very small sliver of Republican members to represent them, have moved towards
polarization. Now you see Republican Party doing similar things in Texas and Florida as well. And so, you are going to see that battleground shrink.
You know, a number of the swing seats that Republicans were going to defend were in California.
And so, I think that is going to shrink the battle, you know, the playing field, so to speak, for the midterms next year. And you are going to
actually have candidates who only focus on winning their primary, not winning swing voters in a general election, which is going to change the
makeup of who actually gets to Congress at the end of the day, which obviously that has a dramatic impact on how Congress functions and how it
can govern.
ANDERSON: Want to get just a little of Gavin Newsom's speech last night, because Meghan it did sound somewhat like a campaign speech is just a
little portion of it.
(BEGIN VIDEO CLIP)
GOV. GAVIN NEWSOM (D-CA): We can de facto end Donald Trump's presidency as we know it, the minute Speaker Jeffries gets sworn in as Speaker of the
House of Representatives. It is all on the line, a bright line in 2026.
(END VIDEO CLIP)
ANDERSON: Effectively putting his name in the hat for the Democratic presidential nomination. Do you believe or is it too early to talk about
that, Meghan?
HAYS: I mean, I think it's too early to talk about the presidential in 2028 in general. But I don't think anyone is surprised that Gavin Newsom wants
to run for president, and he should run. The more candidates the Democrats have in the primary, the stronger candidate is going to go face the
Republican in the general election.
[09:20:00]
In 2020 we had over 20 Democrats run for president, and we got the strongest candidate that ended up beating Donald Trump. So, I just think
the more the merrier. Come on in, the water is warm.
ANDERSON: Good to have you both. Thank you.
MOWERS: Thank you.
ANDERSON: Well, that was Zohran Mamdani's wife there. Rama Duwaji, the Syrian American artist, isn't playing the traditional role of a New York
First Lady, skipping traditional campaign set pieces, but art and style speak louder. On election night, Rama wore an embroidered top with
traditional Palestinian motifs.
The all-black piece was by Palestinian Jordanian Designer Zeid Hijazi. Still to come, the latest on the deadly crash of a huge cargo jet went down
just after take-off. What investigators are now saying.
(COMMERCIAL BREAK)
ANDERSON: At least nine people were killed and several critically injured when a UPS cargo plane crashed in the U.S. State of Kentucky. I must warn
you. We are about to show you dash cam video of the moment that jet careened to the ground and exploded into a fireball.
Well, that freight plane had just taken off from the Louisville Airport. The crash set off secondary explosions at a petroleum recycling facility.
And here you can see just how widespread the debris field there is city leaders asking people to report any debris that they find.
And we are working to connect with our reporter on the ground in Louisville right now. We will get you more on this later in the show, but those
images, they're frightening as that plane clearly losing control. Let's get you up to speed on some of the other stories that are on our radar right
now in Israel says it has received the remains of the final U.S.-Israeli hostage held in Gaza.
Itay Chen was a staff sergeant who'd been stationed at the Gaza border at the time of the October the seventh attacks. Chen's body was positively
identified by Israel's National Forensics Laboratory. Well three Chinese astronauts have been forced to extend their six months stay in space over
concerns their return ship may have been hit by debris.
The trio was due to return to Earth on Wednesday, and had even handed over the symbolic key to the Chinese Space Station to a new crew.
[09:25:00]
China's space agency says impact analysis and risk assessments are now underway. Well in Paris, protests greeted the opening of the flagship Shein
store, the Chinese founded e-commerce giant setting up a shop in one of the French capital's most famous department stores.
It has fueled outrage over the company's reputation for so called throwaway fashion and its sale of childlike sex dolls. The company says these have
now been banned from its site. Right, let me get you to our reporter in Louisville now on the story of the UPS cargo plane which crash landed, as I
showed you just in that dash cam video just some moments ago.
Let me get you to our reporter now, who is on the ground in Louisville. What's the status of the investigation at present, and what do we know at
this point about fatalities and injuries?
ISABEL ROSALES, CNN CORRESPONDENT: Becky, if you're when it comes to the cause of this crash. We're going to be a faraway process from getting to
that. This is you're looking at days to months of the NTSB investigating what happened here. We do know that there's a go team that's in charge of
the investigation that's set to arrive here at Louisville Muhammad Ali International Airport any moment today.
They'll be on the ground carefully looking through there, looking at forensic evidence that's on the ground, including pieces we could see from
aerial footage of the casing surrounding the engines of that flight scattered all over the runway. Now Louisville, actually, Becky, is my
hometown.
So, UPS, I can tell you, this is not just the state's largest the area's largest employer, with over 20,000 people, 300 plus flights that take off a
day. It's also a form of an identity. Everybody knows somebody else who works at UPS. It's a tight knit community. So that's why it's so painful to
hear from the Governor Andy Beshear that at least nine people have been killed.
And he said this, and we do think it's going to grow sadly. He also said that there's 16 different families who have loved ones that are unaccounted
for, folks who didn't go -- didn't return back home yesterday, so this is as they're investigating the cause. This is also a search and rescue
operation that's underway.
And of course, we have those stunning images, surveillance footage capturing the moment that this plane took off and then what appears to be a
fire growing on the left wing over where the left engine. This is a cargo plane that has three engines, and we can see one of them seemingly on fire
and then a fireball as this plane crashes and explodes, leaving a trail of devastation in this industrial area surrounding this airport.
I want you to listen now to a Councilwoman here from Louisville.
(BEGIN VIDEO CLIP)
BETSY RUHE, COUNCILWOMAN, LOUISVILLE METRO COUNCIL: My heart goes out to everybody at UPS, because this is a UPS town. We all know somebody who
works at UPS, and they're all texting their friends, their family, trying to make sure everyone is safe. Sadly, some of those texts are probably
going to go unanswered.
(END VIDEO CLIP)
ROSALES: And right now, there is a shelter-in-place order and a quarter of a mile radius surrounding the airport, officials telling people, hey, if
you have debris that has blown into your yard, don't touch it. This is a part of the investigation. Take a picture of it and alert Louisville metro
government.
But to answer your question, Becky, we've certainly got a long road ahead of us. Investigators have a lot of work here to do to figure out how in the
world this happened.
ANDERSON: Yeah, and this piecing together of the how in the world this happened, one assumes is going to take some time, correct?
ROSALES: Right, right. And the video is going to be a crucial piece of evidence. We heard from my colleague, Pete Muntean, part of the aviation
team, that they're going to go frame by frame by frame to figure out where it went wrong. And then there's the physical evidence, the pieces left
behind on the runway, including images, Becky, that we got overnight of what appears to be an entire engine that's just there on the runway.
We're not sure if that was a part of what contributed to the cause of this crash, or just an aftermath of the crash.
ANDERSON: Yeah. Isabel, it's good to have you. Thank you very much indeed. Remarkable images, frightening images there from that crash and more to
come as we get it, of course, but this is going to take some time. Thank you. Well, you're watching "Connect the World" with me Becky Anderson, live
from our Middle East programming headquarters here in Abu Dhabi.
[09:30:00]
Ahead on this show, the U.S. Supreme Court set for a crucial hearing on the legality of President Trump's tariffs. More on that. And your opening bell
on Wall Street, coming up.
(COMMERCIAL BREAK)
ANDERSON: Well, next hour, the U.S. Supreme Court will hear arguments over the legality of President Donald Trump's sweeping tariffs. It's case that
could define the limits of presidential power and have a huge impact on the global economy. Now, the president said in an interview that if the court
invalidates his tariffs, the U.S. economy will, quote, go to hell.
Well, CNN's Chief Supreme Court Analyst Joan Biskupic explains what we should expect next hour.
JOAN BISKUPIC, CNN CHIEF SUPREME COURT ANALYST: This is the most important Trump case to reach the Supreme Court in his second term, the amount of
money at stake already, $90 billion have been collected from his tariffs, potentially trillions could be collected.
So that's a lot of money for the U.S. Treasury, but it's also a lot of pain for consumers who have had to be paying more. A lot of uncertainty for
small businesses and for businesses across the board with these tariffs, and that goes to the people who have challenged this.
A group of states have challenged these tariffs, as well as small businesses, an educational toy maker and a wine importer, saying that
President Trump exceeded his powers when he imposed these emergency tariffs. The constitution gives the tariff power to Congress, just as it
gives the taxing power to Congress, but President Trump has invoked something called the International Emergency Economic Powers Act.
And for anybody who is going to listen today at 10 o'clock, they will hear the abbreviation IEEPA said repeatedly, and that law does give the
president emergency economic powers at times, but it does not mention tariffs. It's usually been used for economic sanctions, and lower courts
have all ruled against President Trump in this case.
Now he is saying that the law is written broadly enough to encompass the powers that he's used here. But I also have to say that the kind of
rhetoric that you're going to hear from President Trump's lawyer today will be almost of the nature that you see in that social media post that you
referred to about this being a matter of life and death.
And let me just tell you what has emerged in one of the legal filings.
[09:35:00]
One year ago, the United States was a dead country. And now, because of the trillions of dollars being paid by countries that have badly abused us,
America is strong.
ANDERSON: Well, my next guest is senior attorney representing a small number of or a number of small businesses across America that have been
impacted by tariffs. And while these cases are not a part of the Supreme Court arguments being heard today. They will be deeply impacted by the
outcome, so much so that the law firm has filed a friend of the court brief with the supreme court on behalf of their clients.
The filing states, quote, whatever the scope of the president's inherent power to act in foreign affairs, a power his branch will no doubt zealously
assert and defend, it cannot include powers that have been explicitly vested in another branch. Oliver Dunford is Senior Attorney for the Pacific
Legal Foundation.
He joins us now live from Arlington in Virginia. It is terrific to have you Oliver, thank you. Just expand on your position there, that the powers rest
with Congress, not the executive.
OLIVER DUNFORD, SENIOR ATTORNEY FOR THE PACIFIC LEGAL FOUNDATION: That's right, and thanks so much for having me. The constitution explicitly vests
the tariff power, which is part of the tax power, with Congress and the president's arguments that they are bringing in so much money should hurt
the position, because that admits that it's a tax and that power rests solely with Congress.
There's a slew of statutes in the U.S. code that allow the president to do certain things with tariffs, but the International Emergency Economic
Powers Act is not one of them.
ANDERSON: IEEPA.
DUNFORD: IEEPA, that's right.
ANDERSON: The businesses you represent include a board game company, as I understand it, and a children's clothing brand. Just tell us a little bit
more about your cases and how much these businesses have been impacted by these tariffs?
DUNFORD: Sure, I think the biggest harm is not really the cost of the tariffs themselves, it's the uncertainty that's been created. The president
imposed these tariffs, some in February, some in April, but he immediately paused some of them for 90 days. One of our clients, when that pause was
announced, considered shipping some of the goods by plane instead of boat.
That would have increased the costs, but they hoped that they could get the goods in the country before the tariffs went up. They ended up not doing
that because they weren't sure that the president wouldn't the next day, announced that the 90-day pause was over. We're going to impose the tariffs
immediately.
So again, the biggest harm to the small businesses is the uncertainty created by the president's arbitrary tariff regime here.
ANDERSON: If the court rules that President Trump acted within his right to use the IEEPA, where does that leave your cases and what's your next step?
DUNFORD: Yeah, well, there's two answers, I think, one, if the statute, if the court says a statute does allow the president to do this, we think the
court should invoke the non-delegation doctrine, which says that Congress cannot delegate its lawmaking power to the president. So, if the court
reads IEEPA so broadly, we think the court should nonetheless say that this was an unconstitutional delegation of legislative power.
Of course, if the court doesn't do that either, then we are stuck probably with the president's tariff regime. And as I mentioned before, the
uncertainty created by this regime, the president has claimed the authority to apply tariffs to just about every good in the world, about every country
in the world, and to do so at whim.
ANDERSON: Supreme Court decisions coming down top of the hour. That is about 20 minutes from now, we will be on that. It's good to have you with
us, with your thoughts, thank you. And we will be right back.
(COMMERCIAL BREAK)
[09:40:00]
ANDERSON: Well, this is how the markets are opening this Wednesday. Their mix pretty much flat to be quite frank. We are looking at these ongoing
concerns over tech valuations and talk of an AI bubble. I spoke earlier to the President and Vice Chair of Microsoft, Brad Smith, who does not believe
that there is a bubble.
I'm going to bring you that next hour. For this hour, though, that is it from us. Amanda Davies has "World Sport" after this short break looking at
last night's Champions League action. I'll be back 15 minutes from now.
(COMMERCIAL BREAK)
[09:45:00]
(WORLD SPORT)
END
