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Started By
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re: SCOTUS Tariff Ruling is in: 6-3 against tariffs.
Posted on 2/20/26 at 10:53 am to Ten Bears
Posted on 2/20/26 at 10:53 am to Ten Bears
quote:
And we haven't even gotten to the new uncertainty in the market that will be created when Trump rolls his new tariffs under different statutes.
But the clapping seals will be cheering because he will “oWn ThE LiBS”. As if fricking with the economy and people’s livelihoods is a football game.
1
Posted on 2/20/26 at 10:53 am to Indefatigable
quote:Yep. The executive loses ZERO power that it had in this ruling.
Why? And what bias? This is not a bad opinion.
I have no idea what the point would be. The strikedown of Biden's emergecy executive actions would seemingly have already covered the more generic reading (which this opinion doesn't directy address)
Posted on 2/20/26 at 10:55 am to BCreed1
quote:
Bernie Sanders
Alexandria Ocasio-Cortez
Earl Blumenauer
Jeff Merkley
Ed Markey
Posted on 2/20/26 at 10:56 am to Taxing Authority
You’re ignoring the trade act of 1964 and 1974 in which congress gave the president tariff powers under certain conditions. The SCOTUS ruling only pertained to IEEPA, not the above acts.
Posted on 2/20/26 at 10:57 am to Taxing Authority
They ruled on the specific act from congress that it was filed under. So no, they can not count another act into this ruling. It will have to start at the bottom and make it to them. Probably sometime around February of 2027. While you discuss trade leverage and act like the largest consumer market in the world is not trade leverage, that gives me an idea of where you are operating from, which is not based in reality. The United States consumer market is larger than the European Union, China and India combined. Yet you do not think that is not trade leverage? What fricking planet are you living on?
This post was edited on 2/20/26 at 10:58 am
Posted on 2/20/26 at 10:57 am to GumboPot
quote:
What now?
Trump and Bessent have said that the administration has other ways of trying to impose them if SCOTUS ruled against them. So now we wait and see what those other ways are and how those other ways will fare in the courts.
Of course this could all be solved if Congressional republicans got off their arse and codified Trump's tariffs into law.
Posted on 2/20/26 at 10:57 am to Ten Bears
quote:
He might want to let Howard Lutnick know so he can inform his sons... LINK
Howard Lutnik strikes again….!
So that was from summer 2025 when Cantor Fitzgerald bet that the tariffs will be struck down.
Posted on 2/20/26 at 10:57 am to BeeFense5
quote:
But the clapping seals will be cheering because he will “oWn ThE LiBS”. As if fricking with the economy and people’s livelihoods is a football game.
You still haven't figured out, Trump is fighting for the people. Congress is fighting for their slush fund.
Posted on 2/20/26 at 10:58 am to alive2022
quote:
If only your globalist president had picked different judges
Posted on 2/20/26 at 10:58 am to Taxing Authority
For all of this talk about Plan B, I cannot for the life of me understand why we’d want to go there in the first place. The end result of what was implemented here is small businesses were hammered for no reason and many went out of business. They’re trying to convince me that Trump wanted that result. There’s just a disconnect and it’s laughable to me.
This Court would’ve ruled against using the IEEPA for climate taxes so why even make that claim other than for spin?
This Court would’ve ruled against using the IEEPA for climate taxes so why even make that claim other than for spin?
Posted on 2/20/26 at 10:59 am to Centinel
quote:Of course, kinda undermines the idea of local and proportional representation.
No, voters don't want term limits for *their* politicians. They most certainly want them for everyone else's.
Posted on 2/20/26 at 10:59 am to wackatimesthree
quote:
They are populists. They wipe their arse with the Constitution.
STFU, nerd.
Posted on 2/20/26 at 10:59 am to Ten Bears
quote:
And we haven't even gotten to the new uncertainty in the market that will be created when Trump rolls his new tariffs under different statutes.
There is no uncertainty. Trump will roll them out and it's already expected.
In the meantime, people like me who understands the market and this made out great today. I purchased AMZN 3 days ago in prep for THIS ruling. Up from 198.03 to 209.51. That's $11 per share profit.
Posted on 2/20/26 at 11:00 am to geoag58
Most of us understand that Trump doesn’t care to understand any details, and relies upon “yes” men to tell him that any idea will work…
Until reality slaps them in the face…again and again.
Until reality slaps them in the face…again and again.
Posted on 2/20/26 at 11:00 am to MikkUGA
quote:We have no pricing power. And I'll post a paper later (in another thread) demonstrating that.
Yea because the largest consumer market in the entire world is not leverage at all.
Posted on 2/20/26 at 11:00 am to BCreed1
quote:
He has other tools and he can recoup all paid back (if forced to) almost immediately.
What tools? How?
What statute authorizes retroactive tariffs?
Posted on 2/20/26 at 11:00 am to SlowFlowPro
quote:
Well, at least the TDS'ers are happy Bad time to use that term
No it’s not. At all. But enjoy your temporary gloating,
Posted on 2/20/26 at 11:01 am to Taxing Authority
quote:
You shoudl read it. Way more narrow than that.
I'm going to. Just havent had the time yet.
Posted on 2/20/26 at 11:02 am to stout
quote:
This country is finished
The globalists won
Never underestimate Trump's and Bessent's backup plans ... Kavanaugh laid it out for them.
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Posted on 2/20/26 at 11:02 am to Taxing Authority
Kav basically laid out the ground work for the Admin to just put the tariffs back on in his dissent
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