BREAKING: The Supreme Court of the United States has officially ruled that Trump's tariffs are illegal, in a 6-3 ruling.
The US now faces $150+ billion in potential tariff refunds.
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The US now faces $150+ billion in potential tariff refunds.
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Refugees don’t even try to assimilate anymore they just look at you and your house like this
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MAJOR BREAKING: The US Supreme Court has just STRUCK DOWN Trump’s tariff authority, 6-3
SCOTUS just WRECKED our country.
One of the biggest economic comebacks in world history just got thrown in the incinerator.
What a shame.
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SCOTUS just WRECKED our country.
One of the biggest economic comebacks in world history just got thrown in the incinerator.
What a shame.
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TARIFFS: In an effort to distract from the Epstein files the Supreme Court killed Trump tariffs 6-3, Kavanaugh, Thomas, Alito dissent
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Trump's tariffs are ILLEGAL & Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs
— US Supreme Court
"The authority to set tariffs rests with Congress, and the IEEPA cannot be interpreted to justify the imposition of sweeping trade duties." — stated
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— US Supreme Court
"The authority to set tariffs rests with Congress, and the IEEPA cannot be interpreted to justify the imposition of sweeping trade duties." — stated
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"detailed Danish register data and a series of tax reforms from 2009 ... increases in women’s marginal net-of-tax wages tend to decrease fertility while increases in men’s marginal net-of-tax wages tend to increase fertility."
(Similar dynamic in the Baby Boom.)
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(Similar dynamic in the Baby Boom.)
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DoomPosting
BREAKING: The Supreme Court of the United States has officially ruled that Trump's tariffs are illegal, in a 6-3 ruling. The US now faces $150+ billion in potential tariff refunds. 🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
US may have to give back more than 150 billion dollars in tariffs money. This money come from companies who pay extra on imports. Now big question how to handle refunds. Trump call it bad for country, but stock market go up a bit after news.
Prices of many imported goods like clothes electronics fruits may start coming down in weeks.
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Prices of many imported goods like clothes electronics fruits may start coming down in weeks.
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In his dissent, Kavanaugh mocks the Roberts majority for upholding Biden’s lawless vaccine mandate for government employs while arguing that a law giving the president authority to regulate—and even fully ban (equivalent to an infinite tariff)—all imports somehow doesn’t give him authority to levy non-infinite tariffs
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BREAKING: SCOTUS Justice Clarence Thomas dropped straight TRUTH BOMBS in his dissent on the tariffs
He nailed it.
"NEITHER the statutory text nor the Constitution provide a basis for ruling against the President."
"Congress authorized the President to “regulate . . . importation.” Throughout American history, the authority to “regulate importation” has been understood to include the authority to impose duties on imports."
"The meaning of that phrase was beyond doubt by the time that Congress enacted this statute, shortly after President Nixon’s highly publicized duties on imports were UPHELD based on identical language."
"The statute that the President relied on therefore authorized him to impose the duties on imports at issue in these cases."
"Because the Constitution assigns Congress many powers that do not implicate the nondelegation doctrine, Congress may delegate the exercise of many powers to the President."
"Congress has done so repeatedly since the founding, WITH THIS COURT'S BLESSING."
THE GOAT!
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He nailed it.
"NEITHER the statutory text nor the Constitution provide a basis for ruling against the President."
"Congress authorized the President to “regulate . . . importation.” Throughout American history, the authority to “regulate importation” has been understood to include the authority to impose duties on imports."
"The meaning of that phrase was beyond doubt by the time that Congress enacted this statute, shortly after President Nixon’s highly publicized duties on imports were UPHELD based on identical language."
"The statute that the President relied on therefore authorized him to impose the duties on imports at issue in these cases."
"Because the Constitution assigns Congress many powers that do not implicate the nondelegation doctrine, Congress may delegate the exercise of many powers to the President."
"Congress has done so repeatedly since the founding, WITH THIS COURT'S BLESSING."
THE GOAT!
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