Domain: tiger-web1.srvr.media3.us SCOTUS strikes down Trump tariffs | Page 2 | Money Talk
Started By
Message

re: SCOTUS strikes down Trump tariffs

Posted on 2/20/26 at 12:42 pm to
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32254 posts
Posted on 2/20/26 at 12:42 pm to
quote:

The narrative it seems coming out is that this ruling means nothing. They will just pivot to another obscure law to use. ignoring the obvious that this needs to go through Congress

And also completely ignoring why most people were against them in the first place. Even those of us philosophically opposed to tariffs wouldn’t have cared all that much had they rolled out in anything resembling an intelligent manner. His “big board” announcement was one of the most idiotic things I’ve ever seen a sitting president do intentionally. Locking tariff rates to trade deficit percentages of every country in the world was ChatGPT levels of comically retarded.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52321 posts
Posted on 2/20/26 at 1:11 pm to
He announced a new 10% global tariff to replace the ones that were just overturned.

quote:

He will sign an executive order later Friday imposing the new duties, which are being invoked under Section 122 of the Trade Act of 1974. Tariffs conjured using that statute can only last for 150 days, with any extension requiring congressional approval.


quote:

Yet, it won’t allow the president the kind of flexibility he has wielded under the emergency powers law. By statute, the tariff must be “nondiscriminatory,” meaning the U.S. can’t give breaks to certain trading partners and not others.


So he is going to need Congress to extend
This post was edited on 2/20/26 at 1:20 pm
Posted by Ramblin Wreck
Member since Aug 2011
4027 posts
Posted on 2/20/26 at 1:14 pm to
quote:

most people were against them in the first place


I disagree. He has effectively used them to bring a lot of manufacturing back to the US and help manufacturing already here. Those whose portfolios profit from cheap imported goods disagree with using tariffs to help balance the trade deficient and strengthen American production. I travel often through neglected rural towns that manufacturing has left and resulted in everyone being on some type of government assistance, so I long to see more manufacturing here.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32254 posts
Posted on 2/20/26 at 1:28 pm to
quote:

I disagree. He has effectively used them to bring a lot of manufacturing back to the US and help manufacturing already here. Those whose portfolios profit from cheap imported goods disagree with using tariffs to help balance the trade deficient and strengthen American production. I travel often through neglected rural towns that manufacturing has left and resulted in everyone being on some type of government assistance, so I long to see more manufacturing here.

You’re welcome to disagree with the sentiment, but disagreeing that most people were against them, or why they were against them, is simply denying reality
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32254 posts
Posted on 2/20/26 at 1:29 pm to
quote:

So he is going to need Congress to extend

I’m looking forward to him issuing a new EO in 150 days renewing them, kicking off a new SCOTUS fight
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40688 posts
Posted on 2/20/26 at 1:35 pm to
quote:

He has effectively used them to bring a lot of manufacturing back to the US


Is their evidence of this actually happening (i.e. not simply some corporate announcement that said corporation will begin the process of evaluating a move to bring manufacturing to the US in the future)?


Like how many manufacturing plants have opened in the US since the tarriffs were announced that, prior to the tarriffs, didn't exist or have any plans to be built?

quote:

and help manufacturing already here
a lot of manufacturing here was slammed by the tarriffs on the raw materials they use to manufacture their products. You can't just ignore that.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32254 posts
Posted on 2/20/26 at 1:40 pm to
quote:

Like how many manufacturing plants have opened in the US since the tarriffs were announced that, prior to the tarriffs, didn't exist or have any plans to be built?

From what I’ve seen, it’s mostly taking credit for projects announced a decade ago coming to completion, and also taking preemptive credit for companies pinky promising to build something in a decade if they are exempted from current tariffs, wink wink.
Posted by Ramblin Wreck
Member since Aug 2011
4027 posts
Posted on 2/20/26 at 1:44 pm to
quote:

You’re welcome to disagree with the sentiment, but disagreeing that most people were against them, or why they were against them, is simply denying reality
I could probably phrase a question regarding tariffs to make them sound negative or having a positive impact and get a majority to both sides of the argument. It all depends on which source they listen to. Without listening to either side, in my own opinion I can see the benefits to the American workers and I am willing to pay more for goods or have a decrease in my portfolio return as a trade off to having more productive communities.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52321 posts
Posted on 2/20/26 at 1:45 pm to
quote:

I’m looking forward to him issuing a new EO in 150 days renewing them, kicking off a new SCOTUS figh


Would imagine the appeals process will be short and SCOTUS will not take up any more cases on the matter
Posted by BottomlandBrew
Member since Aug 2010
29595 posts
Posted on 2/20/26 at 1:51 pm to
I respect your opinion regarding small-town American manufacturing, but I do not share it. In my opinion, American manufacturing is not coming back in any meaningful way, tariffs or no tariffs. We are no longer a nation of producers. We are consumers, by and large. The producer mindset of the masses died when the Greatest Generation died.

Clinging to an out-dated sense of American exceptionalism is holding us back. We're fighting this anti-globalism fight instead of figuring out a way to use it while still maintaining our identity and sovereignty. I get it. I'm American, and I'm proud to be American, and I don't want to lose that, but I also see that the world is connected in a way it has never been connected before. We can't put that genie back in the bottle. We have to learn to leverage it before it's too late.

Add in automation, robotics, AI, and the coming workforce purge, and things are going to get rough. We're fighting a 20th century war against a 20th century enemy. We should instead focus on the 21st century enemy.

Posted by Ramblin Wreck
Member since Aug 2011
4027 posts
Posted on 2/20/26 at 2:13 pm to
I appreciate your reply and am smart enough to know that no one wins arguments and changes opinions using message board posts or emphatically speaking during Thanksgiving dinner discussions. I actually enjoy hearing all sides of an issue and don’t participate in such discussions with the intent of one upping anyone. I interject a lot of times to help ensure the other view point is considered. Your points also have merit and a balance needs to be made between the two approaches, even though I desire to see more American manufacturing. I still cringe a bit whenever I read a “most people” response. I think a lot of the mass population opinions derive from a lack of complete knowledge on the issues, pro-tariff / anti-tariff, or whatever the issue is.
Posted by Taxing Authority
Houston
Member since Feb 2010
62957 posts
Posted on 2/20/26 at 2:17 pm to
{never mind wrong board}
This post was edited on 2/20/26 at 2:18 pm
Posted by Pendulum
Member since Jan 2009
7985 posts
Posted on 2/20/26 at 2:24 pm to
quote:

so I long to see more manufacturing here.


US Manufacturers were net negatively impacted by tariffs. Manufacturing is turning primary materials into finished goods. Increasing the cost across the board for all primary materials only in the US, in no way helps manufacturing here. some foreign manufacturing firms may be opening new facilities inside the US to assemble here and dodge tariffs, but im not really sure how that helps "US manufacturing".


Now primary producers may have more reason to open up smelters, etc, but they wont in any significance, because it takes too long and there will be another president and it might not be profitable. Just read about century aluminum shuttering another smelter permanently last week. Sure theres some plans on paper for some new smelters 3 or 4 years from now, I doubt they ever get completed and operational.
This post was edited on 2/20/26 at 2:29 pm
Posted by Ten Bears
Florida
Member since Oct 2018
4908 posts
Posted on 2/20/26 at 3:03 pm to
quote:

Like how many manufacturing plants have opened in the US since the tarriffs were announced that, prior to the tarriffs, didn't exist or have any plans to be built?


So many that the manufacturing sector lost 100,000 jobs in 2025, but manufacturing utopia is around the corner.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
32254 posts
Posted on 2/20/26 at 3:09 pm to
quote:

I could probably phrase a question regarding tariffs to make them sound negative or having a positive impact and get a majority to both sides of the argument. It all depends on which source they listen to. Without listening to either side, in my own opinion I can see the benefits to the American workers and I am willing to pay more for goods or have a decrease in my portfolio return as a trade off to having more productive communities.

You’re fishing for an ad populum argument that I’m not making. My personal position against tariffs has nothing to do with what the unwashed masses think. I was simply stating a fact that most people were against his tariff rollout because he handled it like a bumbling idiot. That’s utterly agnostic regarding whether the tariffs are good or bad, objectively.
Posted by BCreed1
Alabama
Member since Jan 2024
6916 posts
Posted on 2/20/26 at 3:22 pm to
And Trump put them right back in place and the market did what? LOL
Posted by BCreed1
Alabama
Member since Jan 2024
6916 posts
Posted on 2/20/26 at 3:23 pm to
Not true.

Posted by BCreed1
Alabama
Member since Jan 2024
6916 posts
Posted on 2/20/26 at 3:24 pm to
quote:

ignoring the obvious that this needs to go through Congress


Not per the SCOTUS.. LOL
Posted by BCreed1
Alabama
Member since Jan 2024
6916 posts
Posted on 2/20/26 at 3:25 pm to
Most people were not against them.. Thus the reason he was elected.
Posted by BCreed1
Alabama
Member since Jan 2024
6916 posts
Posted on 2/20/26 at 3:30 pm to
During the first three years of the Trump administration, manufacturing did see a notable rebound after years of stagnation.

The "Manufacturing Boom": From 2017 to late 2018, the US added approximately 450,000 manufacturing jobs. This was fueled by corporate tax cuts and deregulation, which encouraged some "reshoring" (bringing production back to the US).

This term, you are wrong too. While factory jobs dipped in 2025, manufacturing construction jobs hit record highs. This is because companies are building new plants in the US to avoid future tariffs, even if they haven't started hiring the assembly-line workers yet.

We are going to see a shift from a very large deficit gap (which has us in major debt) to a small to moderate deficit.

first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram