Supreme Court rules on tarriffs

Citysnaps

Citysnaps

Elite Member
Staff Member
Site Donor
Joined
Nov 9, 2021
Posts
4,702
Main Camera
iPhone
Wowzers. The Supreme Court just ruled that trump can't impose tariffs without the consent of Congress. In other words, that's the domain of Congress (I think).
 
Citysnaps said:
Wowzers. The Supreme Court just ruled that trump can't impose tariffs without the consent of Congress. In other words, that's the domain of Congress (I think).
Click to expand...
well this only means Congress will now authorize everything trump wants. The walls are running red.
 
Citysnaps said:
Wowzers. The Supreme Court just ruled that trump can't impose tariffs without the consent of Congress. In other words, that's the domain of Congress (I think).
Click to expand...
$150 billion has been collected since Trump started all of this and the big question is what will happen to this money now.

We also have to see how Trump handles this, so far he has shown he doesn't care about any laws but it would take the coordination of the US Government to do it illegally as well.

As for congress I think it would be an uphill battle to get such sweeping tariffs passed, which is why he bypassed them to begin with.
 
Here’s what’s going to happen next:

1) there will be a fight over what to do with tariffs already collected. SCOTUS punted on that, and the administration is not going to voluntarily give the money back, so there will be lawsuits and it will have to go through the courts again. As consumers, we will never see the money - at best it will go to the importers, manufacturers, etc.

2) there are already various laws that do permit the president to impose tariffs in various situations. Trump will try to reimpose many of the tariffs under these alternate theories. And it will again go through the courts.

3) there likely will be little appetite in congress to grant him sweeping authorization to impose new tariffs beyond whatever he can find excuses for under existing law. Even republicans know the tariffs have been hurting their own voters.
 
Cmaier said:
Here’s what’s going to happen next:

1) there will be a fight over what to do with tariffs already collected. SCOTUS punted on that, and the administration is not going to voluntarily give the money back, so there will be lawsuits and it will have to go through the courts again. As consumers, we will never see the money - at best it will go to the importers, manufacturers, etc.

2) there are already various laws that do permit the president to impose tariffs in various situations. Trump will try to reimpose many of the tariffs under these alternate theories. And it will again go through the courts.

3) there likely will be little appetite in congress to grant him sweeping authorization to impose new tariffs beyond whatever he can find excuses for under existing law. Even republicans know the tariffs have been hurting their own voters.
Click to expand...
Right, I think with the looming midterms there will be little to no appetite for Republicans in congress to even take it up.

Not sure about existing funds but it would be nice to see it slowed going forward, we're all paying the price for this.
 
This is a little less surprising a result than one might think, and even then, it was 6-3. The Robert’s Supreme Court’s rulings have largely been “Trump can fuck with anything he wants, except the money”. Hence why they let him unconstitutionally replace the head of government agencies except the Fed, because the Fed is special (it is not).
 
Cmaier said:
Here’s what’s going to happen next:

1) there will be a fight over what to do with tariffs already collected. SCOTUS punted on that, and the administration is not going to voluntarily give the money back, so there will be lawsuits and it will have to go through the courts again. As consumers, we will never see the money - at best it will go to the importers, manufacturers, etc.
Click to expand...
Yeah that’s going to be fun.
Cmaier said:
2) there are already various laws that do permit the president to impose tariffs in various situations. Trump will try to reimpose many of the tariffs under these alternate theories. And it will again go through the courts.
Click to expand...
True though some of those authorities have more restrictions than what he was using.
Cmaier said:
3) there likely will be little appetite in congress to grant him sweeping authorization to impose new tariffs beyond whatever he can find excuses for under existing law. Even republicans know the tariffs have been hurting their own voters.
Click to expand...
There will also be little appetite for reining him in any more than those restrictions already imposed by the statutes. Heck Johnson tried to pass rules saying “thou shalt not question dear leader on tariffs”. That he felt compelled to do so and that it failed (or at least it did the first time, I believe they’re trying again) is a good sign, but I suspect actively bucking Trump would be a step too far. But maybe, it’s possible their loyalty to the money might override their loyalty to Trump.
 




“Steiner…”

Also there's this:



Of course good ol' Howard is claiming to know nothing about this:

A Department of Commerce spokesperson said that Lutnick “knows nothing about this decision because he has no insight or strategic control over Cantor Fitzgerald.” Cantor Fitzgerald itself declined to comment.
Click to expand...

And we all know he'd never lie, after all it's just his sons doing this with the family business.
 
Last edited:
Just unbelievable, straight up a middle finger to the SCOTUS. Even for Trump this is crazy.

IMG_0945.jpg
IMG_0946.jpg
 
Back
Top