미 대법원, 트럼프 긴급 관세 명령 무효화 ⚖️

Will “provide potential relief to American consumers amid inflationary pressures.”

That’s some very high optimism right there lol.

It's about time our checks and balances actually start checking and balancing

Wait… whah… no $2000 tariff rebate checks? 🤣

Love it. He must be off the rails right now.

I thought the SCOTUS was no longer independent.

So basically what’s left in the aftermath is the much higher costs of buying anything imported, and the ruined relationships with all of America’s ex-allies.

Oh, and the same old Trump not giving a fuck about all the damage he’s done to the working class.

Not surprising that the lower than expected GDP and outlook is making for some downward pressure on the stock market.

Trump could still argue that other trade laws provide independent authority to keep tariffs in place. For example, Section 232 of the Trade Expansion Act allows tariffs on national security grounds, and Section 301 of the Trade Act of 1974 permits trade penalties in response to unfair foreign practices.

He could initiate new investigations under those authorities, build an administrative record to justify the action, and reimpose targeted tariffs through those channels. By following the procedural steps laid out in those statutes, the administration could try to strengthen the legal foundation for the tariffs.

Also, by narrowing the scope of the tariffs or tying them more explicitly to specific statutory findings, his administration could attempt to craft measures that are more legally durable. In that sense, even if one pathway is closed by the Court, alternative legal mechanisms remain available to pursue similar trade policies.

Curious how the bond market reacts

LETS GO!

Too late.
Trading damage already happened 

How will they explain the government will have to pay back American companies, when it was other countries paying them? 🧐

Who feels like a year of economic policy was wasted?

Sorry, we're removing this post because it's a duplicate, or extremely similar, to another that was already posted.

We appreciate the effort but we don't need multiple posts that cover the same topic.

Hopefully I don’t need to pay for the package currently held in customs

I'm happy with the ruling but it may limit Trump's ability to charge new tariffs with different justifications according to the main dissent. Unfortunately the refund is coming from taxpayers and going to whomever actually paid the tariff which is not the Consumer that actually bore the cost in many if not most cases.

Justice Brett Kavanaugh wrote the main dissent, which was joined by Justices Clarence Thomas and Samuel Alito. In his view, Trump had the authority under IEEPA to impose the tariffs because they “are a traditional and common tool to regulate importation.” Moreover, he suggested, although “I firmly disagree with the Court’s holding today, the decision might not substantially constrain a President’s ability to order tariffs going forward … because numerous other federal statutes authorize the President to impose tariffs and might justify most (if not all) of the tariffs at issue in this case.”

Kavanaugh also warned that “\[i\]n the meantime, however, the interim effects of the Court’s decision could be substantial. The United States may be required to refund billions of dollars to importers who paid the IEEPA tariffs, even though some importers may have already passed on costs to consumers or others

Erm, he'll start the WWIII, and everything will be forgotten ( erased/redacted), including the Epstein files ⚠️

Well well, billions refunded will trickle down to the consumer, read that somewhere in the past but I haven't heard any pennies jingling our way,

It is an interesting coincidence that this ruling comes out today out of all days when the GDP numbers are dog.

Could Congress simply enact a law ratifying the tariffs? What are the chances of getting the requisite support in both houses?