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US Trade Court finds Trump tariffs illegal

bloomberg.com

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Re: US Trade Court finds Trump tariffs illegal

#41

Post by hiatus »

ivape wrote: post #27
eru wrote: post #22

Earlier quoted context omitted.

In the US the president doesn't have the authority to start a war. Congress has the exclusive power to declare wars per the constitution.) (Obviously, in practice that's about as relevant congress having the sole authority over taxes, including tariffs.)

He only has to notify Congress within 48 hours, and if they don't approve it, those troops can stay deployed for up to 60 days. I'm just saying, he has already shown he's very interested in finding every loophole possible.

For people who may not know about this, it is in fact law.

https://en.m.wikipedia.org/wiki/War_Powers_Resolution

Re: US Trade Court finds Trump tariffs illegal

#42

Post by adrianmonk »

So, since they were apparently never legal in the first place, will there be refunds for all the tariffs already paid? That could really help out small businesses that were hit with huge tariff bills. Common sense would say yes, but not sure how the law actually works.

I also wonder about the effects on the budget bill currently being worked on by Congress. Were they factoring in tariff revenue that now won't exist? And if so, will they respond with more spending cuts or less tax cuts?

Re: US Trade Court finds Trump tariffs illegal

#44

Post by asdff »

mattnewton wrote: post #18
duxup wrote: post #9

The GOP controls the house and senate. Congress controls tariffs. If they followed the law congress could make the thing happen. But I don't think think independent thinking is allowed in the GOP, and it might force their hand if they had to actually put it to a vote ...

isn’t it easier to just say that the shadowy courts are the reason for all the problems and not actually ram the tariffs through? This seems like an off ramp is being extended. Who actually wants the tariffs?

>Who actually wants the tariffs?

Probably the shorts who get a text from Kushner or someone else in the inner circle ahead of Trumps next public rant. Take profit then go long for when Trump gets embarrassed at the days low and flips his position again.

Re: US Trade Court finds Trump tariffs illegal

#45

Post by pwarner »

firesteelrain wrote: post #26

It’s not the end of this saga. Prior administrations, Republican and Democrat, have enacted tariffs without additional congressional approval.

There are other avenues, but I think those last tariffs were targeted. Another scenario where executive branch appears to have power, delegated from Congress, to enact tariffs https://www.usitc.gov/press_room/usad.htm

Re: US Trade Court finds Trump tariffs illegal

#46

Post by [deleted] »

Spooky23 wrote: post #38

It will be interesting to hear what Justice Thomas’s supine justification will be for attacking the ruling. The catalyst for the American Revolution was the imposition of taxation (tariffs) without representation. The irony that the party of performative patriotism, with a conservative court, control of the presidency is so spineless that they are afraid to stand and vote for their policy is too afraid to attach thei…

[deleted]

Re: US Trade Court finds Trump tariffs illegal

#47

Post by duxup »

pwarner wrote: post #34
tnel77 wrote: post #12

Not saying this is good or bad, but this doesn’t seem surprising. Isn’t the point of our government structure to stop any one person from acting like a king. I’m surprised it took this long.

Congress seems to want a king?

[flagged]

Re: US Trade Court finds Trump tariffs illegal

#48

Post by MBCook »

0xy wrote: post #40
tnel77 wrote: post #12

Not saying this is good or bad, but this doesn’t seem surprising. Isn’t the point of our government structure to stop any one person from acting like a king. I’m surprised it took this long.

The Biden admin not only kept the first Trump admin's China tariffs in place but significantly expanded them under the same law. Was Biden acting like a king or does this analogy only go one way? https://edition.cnn.com/2024/09/13/politics/china-tariffs-bi... https://web.archive.org/web/20250101032222/https://www.white... "[The Biden admin intends to use] executive authority"

But those weren’t under the emergency economics power law Trump is using this time right?

Re: US Trade Court finds Trump tariffs illegal

#49

Post by thuanao »

pwarner wrote: post #34
tnel77 wrote: post #12

Not saying this is good or bad, but this doesn’t seem surprising. Isn’t the point of our government structure to stop any one person from acting like a king. I’m surprised it took this long.

Congress seems to want a king?

Not Congress - Republicans, who have a congressional majority.
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