Trump's Second Term

[Planigale]

Supreme Court strikes down Trump's tariffs. This is going to get interesting.

"Held: IEEPA does not authorize the President to impose tariffs."

All that money that the US treasury will need to pay back. Other countries may not be so quick in dropping tarriffs on US exports.

 

[The Great Zaganza]

Trump will delay, delay, delay to payback of the tariffs.

But it's a line in the sand even this SC refuses to cross for Trump, putting potential Midterm Manipulations on a weaker footing.

 

[Jack by the hedge]

Supreme Court strikes down Trump's tariffs. This is going to get interesting.

"Held: IEEPA does not authorize the President to impose tariffs."

Trump has of course warned that such a decision would be an economic catastrophe.
But the markets seem pretty pleased with the catastrophe.

 

[lobosrul5]

All that money that the US treasury will need to pay back. Other countries may not be so quick in dropping tarriffs on US exports.

I'm literally trying to figure out as part of my job what do we do.... we've been hit with tariffs from our suppliers, but most of our contracts are cost+ so we would also owe customers money??

 

[The Great Zaganza]

I'm literally trying to figure out as part of my job what do we do.... we've been hit with tariffs from our suppliers, but most of our contracts are cost+ so we would also owe customers money??

that would be a first, companies giving customers money back without being forced to do so ...

 

[lobosrul5]

that would be a first, companies giving customers money back without being forced to do so ...

Thats the next end. We don't make any direct to consumer sales. So if we give refunds do our customers give refunds??

 

[dirtywick]

Thats the next end. We don't make any direct to consumer sales. So if we give refunds do our customers give refunds??

no it just goes back to the businesses, starting with the biggest filing lawsuits. i suppose they figured out how to get their cut

 

[8enotto]

At least it's one small win for US consumers. But applying it to the actual market price is still suspect. If I bought bulk widgets at a higher price under tariffs those will sell before my prices lower. Why should I the retailer take the hit for a corrupt government?

 

[Mojo]

Ya tee them up, and someone hits a 400-yard drive!

For some reason I misread that as "400-yard drivel".

 

[Andy_Ross]

The taxpayer-funded renaming of Palm Beach International to “President Donald J. Trump Airport” is an unprecedented grift.

It’s unethical, it’s corrupt, and I refuse to support the legislature’s effort to subsidize Trump’s continued profiteering from public office.

https://twitter.com/x/status/2024824437741076583

 

[lobosrul5]

no it just goes back to the businesses, starting with the biggest filing lawsuits. i suppose they figured out how to get their cut

But we are a business. We have contracts with importers that say we pay you your cost + margin. So if they get a refund but dont give us a refund we can sue them.

 

[Andy_Ross]

Trump: *walks in* Hello everybody…. I guess we are going to be asking the press to leave. That way we will talk very candidly… You can leave now.

https://twitter.com/x/status/2024857125214933378

 

[TellyKNeasuss]

US 4th quarter GDP growth was at an annualized rate of only 1.4%. This leads to a total GDP growth of only 2.2% for all of 2025, down from 2.8% in 2024. MORE WINNING!!!

GDP (Advance Estimate), 4th Quarter and Year 2025 | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the fourth quarter of 2025 (October, November, and December), according to the advance estimate released today by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 4.4 percent.

www.bea.gov

 

[Safe-Keeper]

i also think it’s a pretty straightforward way of explaining how tariffs cause inflation. the stuff now costs more.

Remember when people chose fascism over democracy because they wanted stuff to get cheaper?

 

[dirtywick]

But we are a business. We have contracts with importers that say we pay you your cost + margin. So if they get a refund but dont give us a refund we can sue them.

i'm sure there will be class action lawsuits galore as well

 

[TragicMonkey]

Remember when people chose fascism over democracy because they wanted stuff to get cheaper?

Nah, it was all about litter boxes in schools, or somebody's weird laugh. You know, important political stuff!

 

[shemp]

4 days to Trump's last state of the union in front of a live audience.
If he is still around 2027, he will record it and they will edit a sensible speech for the last 10 million faithful MAGA fans of Trump.

FTFY

 

[TellyKNeasuss]

The taxpayer-funded renaming of Palm Beach International to “President Donald J. Trump Airport” is an unprecedented grift.

It’s unethical, it’s corrupt, and I refuse to support the legislature’s effort to subsidize Trump’s continued profiteering from public office.

https://twitter.com/x/status/2024824437741076583

And it just so happens that _____ trademarked the name "Donald J. _____ International Airport" last week, so he could in principle charge a licensing fee to the airport (he claimed that he wouldn't) and to the makers of any merchandise with the new name of the airport on it. He also trademarked "DJT", the airport's likely new abreviation.

 

[shemp]

More details about the Supreme Court ruling:

Supreme Court rules that Trump’s sweeping emergency tariffs are illegal

The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

The decision is arguably the most important loss the second Trump administration has sustained at the conservative Supreme Court, which last year repeatedly sided with the president in a series of emergency rulings on immigration, the firing of the leaders of independent agencies and deep cuts to government spending.

Chief Justice John Roberts wrote the majority opinion and the court agreed 6-3 that the tariffs exceeded the law. The court, however, did not say what should happen to the more than $130 billion in tariffs that has already been collected.

“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote for the court. “In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.”

Only $130 billion collected. I though he said at one time it was trillions. Make him pay it back out of his own pocket.

 

[shemp]

From the article above:

Court finally gives big loss to Trump, CNN analyst says​

“Even though the Supreme Court has already ruled in dozens of cases involving the second Trump administration, those all involved emergency applications; this was the first Trump-related case to which the Court gave full review – and it’s an overwhelming loss for Trump on both the specific legal question and the more general ability to broadly use statutes like IEEPA,” said Steve Vladeck, CNN Supreme Court analyst and professor at Georgetown University Law Center.

“What that underscores is that, for as controversial as the court’s grants of emergency relief to the Trump administration have been over the past 13 months, the court is still willing to assert itself when these cases reach the merits – something that we’re likely to see again later this term in the birthright citizenship and Lisa Cook cases.”