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Started By
Message
77% chance the SC rules tariffs are illegal, possible ruling this Friday
Posted on 1/6/26 at 3:30 pm
Posted on 1/6/26 at 3:30 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
- The post cites a Polymarket prediction market showing a 77% probability that the U.S. Supreme Court will strike down President Trump's 2025 "Liberation Day" tariffs as exceeding authority under the International Emergency Economic Powers Act, with rulings expected January 10, 2026.
- These tariffs, imposing 10-50% duties on imports from most trading partners since April 2025, have faced lower court losses and could lead to billions in refunds if invalidated, potentially lowering consumer prices but straining federal budgets projected to lose $3 trillion over a decade.
- Market odds reflect oral arguments from November 2025 where even conservative justices expressed skepticism, aligning with broader legal challenges to executive overreach in trade policy amid ongoing U.S.-China tensions.
It’ll be interesting to see how Trump fights it, if ruled illegal.
This post was edited on 1/6/26 at 3:40 pm
Posted on 1/6/26 at 3:31 pm to hawgfaninc
Posted on 1/6/26 at 3:31 pm to hawgfaninc
Per a degenerate gambler site.
Posted on 1/6/26 at 3:32 pm to hawgfaninc
We’re still trying to figure out if tariffs are legal or not? Yeesh
Posted on 1/6/26 at 3:33 pm to TigahTeeth
So all tarriffs that other countries impose are illegal as well?
Posted on 1/6/26 at 3:34 pm to hawgfaninc
Isn't watcher guru a crypto currency site?
Posted on 1/6/26 at 3:35 pm to Pfft
quote:
So all tarriffs that other countries impose are illegal as well?
Umm we don't have jurisdiction over those other countries
Posted on 1/6/26 at 3:39 pm to hogcard1964
The 77% odds are from Polymarket. The X account in the OP just put it in news format.
Posted on 1/6/26 at 3:41 pm to hawgfaninc
And Hillary had an 85% chance of winning on election day 2016.
Posted on 1/6/26 at 3:42 pm to hawgfaninc
Why are Democrats even taking this to court in the first place?
Posted on 1/6/26 at 3:46 pm to hawgfaninc
quote:
It’ll be interesting to see how Trump fights it, if ruled illegal.
There would be no more fight, legally at least.
The admin would have to go back to Square 1 and start over using a different law.
Posted on 1/6/26 at 3:46 pm to TigahTeeth
quote:
We’re still trying to figure out if tariffs are legal or not?
No.
That is not an accurate description of the issue/debate.
Posted on 1/6/26 at 3:48 pm to tigersbh
quote:
Why are Democrats even taking this to court in the first place?
Why did Republicans sue to stop the Biden vax mandate? Or the Biden student loan forgiveness?
The underlying argument is the same for all 3 matters: whether or not the President had the statutory authority to engage in this manner.
Posted on 1/6/26 at 3:48 pm to hawgfaninc
Trump’s tariff and trade efforts, while chaotic, have been a massive success by any objective measure. If the people in Congress really cared about this country they would be rushing to codify what Trump has done.
Posted on 1/6/26 at 4:01 pm to hawgfaninc
If so will all the money collected from the tariffs have to be paid back?
Posted on 1/6/26 at 4:10 pm to justjoe906
quote:
If so will all the money collected from the tariffs have to be paid back?
no answer to that, huh
Posted on 1/6/26 at 4:11 pm to tigersbh
quote:
Why are Democrats even taking this to court in the first place?
Because they are working as planned, and anything good for our country dimtards are against.
Posted on 1/6/26 at 4:12 pm to hawgfaninc
How is that 77% calculated?
Does anyone commenting care?
Does anyone commenting care?
Posted on 1/6/26 at 4:18 pm to SlowFlowPro
Douchebag! Why don’t you take you and your and family and move to another country. Seriously ! I never even once read something that a person in their right mind would agree with that you agree with. Seek help man. Jesus loves you. God bless America
Posted on 1/6/26 at 4:22 pm to hawgfaninc
Will the Democratic Socialists blame the SCOTUS for the markets tanking or will they celebrate the event as a victory for Democratic Socialism?
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