The Supreme Court ruled today that President Trump’s tariffs imposed under the IEEPA are not authorized by that law.

  • Coffee AddictOPMEnglish
    12·
    2 months ago

    Justices Thomas, Alito, and Kavanaugh all dissented.

    This has massive implications for the US economy, especially once you consider that these tariffs have wrecked supply chains, inflated prices of both foreign and domestic goods, and trade agreements.

    • blarghlyEnglish
      6·
      2 months ago

      It signals a shift, where the courts arent cowtowing to any dumb idea Trump comes up with. Everyone, including his allies, are getting fed up with his shit. Which to me indicates a good chance that the Dems rout the GOP in the mid terms, and either neuter all Trumps policies or else (hopefully) remove him from office

    • Coffee AddictOPMEnglish
      31·
      2 months ago

      I think the question now is will the tariffs still be enforced and how?

      IIRC, they were enforced at the ports/other modes of entry.

    • Coffee AddictOPMEnglish
      5·
      2 months ago

      Who would have thought the that doing things that are blatantly unconstitutional might come with some big financial blowback?

      I’m being a little facetious, but it is an important point. Are the companies that paid these tariffs now entitled to their money back?

      • TreczoksEnglish
        2·
        2 months ago

        I’d say they are. I’m waiting for the first to drag the President in court over this. If he has to pay back all illegally gained billions, this is going to cost the government a fortune. The ten billion for his golf resort in Gaza will move to the “small change” page in the budget. Maybe that is what he wants…