(DCNF)—George Washington University law professor Jonathan Turley said Thursday on “The Ingraham Angle” that President Donald Trump has the authority to hit other countries with reciprocal tariffs.
A three-judge panel on the New York-based Court of International Trade ruled Wednesday that the president could not use his executive powers to impose reciprocal tariffs on imports. While discussing the ruling, Fox host Laura Ingraham told Turley that the tariffs could “withstand judicial scrutiny,” as previous tariffs from Trump’s first administration were upheld after being dragged through court.
“Correct. The fact is the administration wanted to try this approach. This was a three-point shot, and they hit the rim because the courts just don’t see it. But he has authority, and that’s one of the reasons why these negotiations are likely to go forward. Other countries are very sophisticated. They know what authority he has. They know that he can now turn, as he did in his first term, to pursue those,” Turley said.
“They’re not particularly onerous, he can really do that and make relatively fast work of it. Now, Congress may also want to be equally nimble here,” Turley added. “The important thing is that Trump has been using these tariffs like a gun to the head of these other countries, and the court just removed the bullets.”
Within the court’s ruling, the federal panel stated that the International Emergency Economic Powers Act, used under Trump when implementing the tariffs, does not authorize “the Worldwide, Retaliatory, or Trafficking Tariff Orders.”
The ruling comes after the Trump administration received a handful of lawsuits over the president’s April “Liberation Day,” during which he announced that a baseline tariff of 10% would be imposed on a list of countries, with others receiving a higher rate based on their tariffs against the U.S.
Shortly after the announcement, Trump decided to place a 90-day pause on all tariffs—except for those on China due to its retaliation against the United States.
Turley went on to say that Congress has already “refused” to undo Trump’s tariffs within a Senate bill, referring to a bipartisan measure introduced in April to restrict the president’s power to impose tariffs without congressional approval.
“The fact is that Congress can come in, even if they don’t like the tariffs, and say ‘Look, we’re in this now. We don’t want to undermine the president. We want to see these deals completed and see if they can also signal support.’ Now, keep in mind, recently Congress refused to undo the tariffs in a Senate bill, so they’ve already had that vote.”
On April 30, the Senate deadlocked in a 49-49 vote on a measure to restrict Trump’s authority over tariffs, falling short of the majority needed for passage.
The Trade Review Act of 2025, introduced earlier that month by Republican Sen. Chuck Grassley of Iowa and Democratic Sen. Maria Cantwell of Washington, sought to require congressional approval for tariffs by mandating a simple majority vote within 60 days of their implementation.
(Featured Image Media Credit: Screenshot/Fox News/”The Ingraham Angle”)
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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.
