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Trump's global tariffs struck down by US Supreme Court

bbc.com

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Re: Trump's global tariffs struck down by US Supreme Court

#111

Post by pavlov »

franktankbank wrote: post #48
illithid0 wrote: post #19

Earlier quoted context omitted.

The power to impose tariffs is given to Congress in the Constitution. Exceptions are allowed but in rare and specific situations. The fact that SCOTUS struck it down means the tariffs as imposed were unconstitutional. You can be for tariffs all you want, I'm not here to argue their efficacy. But you absolutely cannot with any intellectual honesty still be on the fence about whether he abused his power given this ruli…

It is flip flopping policy as far as it was here one day and struck down the next. That's what matters to people attempting to start something here. I should have stated I was not interested in arguing the actual rule process, you have 6-3 vote from the Supreme Court in your favor.

Almost all legal experts said from the start the Trump’s approach to tariffs was unconstitutional.

So who else could be to blame for the flip-flopping?

The executive is supposed to uphold laws made by Congress, not throw spaghetti at the Supreme Court’s wall and see if it sticks.

Re: Trump's global tariffs struck down by US Supreme Court

#112

Post by carlosjobim »

I'm just here to enjoy the endlessly fractal spiraling double-think of tariffs being the devil when the US implements them, and being double-plus-good when the European Union implements them (or China or South America).

As hackers here are very intelligent but also very unwise, they find great enjoyment in double-think exercises and the resentment it gives them.

Re: Trump's global tariffs struck down by US Supreme Court

#113

Post by munk-a »

hackyhacky wrote: post #95
munk-a wrote: post #74

Earlier quoted context omitted.

The majority of American voters can be as dumb as they want - the two big failures here are the legislature and the judiciary. The judiciary let an obviously illegal thing sit for far too long while the legislature is too partisan to actually take actions against the administration (except in the case of the Epstein files which has been surprisingly admirable and a rare ray of light in the last year). If the majority…

> If snoopy starts issuing open hand-outs to the red baron (snoopy in a moustache) You mean like how President Trump just gave 10 billion USD of taxpayer money to a board operated by Private Citizen Trump? https://www.nbcnews.com/world/gaza/trump-board-of-peace-firs...

I mean like that and dozens of other excellent examples that should have caused the legislature to remove him from office. Trump coin alone (including all the shady World Liberty Financial funding) should have been worth the boot and that happened on like day two of the administration.

Re: Trump's global tariffs struck down by US Supreme Court

#114

Post by elAhmo »

mullingitover wrote: post #59

It’s disappointing but not surprising that the SC left the administration to illegally bilk US taxpayers for billions upon billions of dollars for something that was facially unconstitutional. They should’ve allowed an emergency injunction from the outset.

Given the current members of SC, as you said, disappointing but not surprising. Who knew that confirming Kavanaugh and people with similar moral compass would have such grave consequences.

Re: Trump's global tariffs struck down by US Supreme Court

#115

Post by taeric »

edot wrote: post #40

Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…

Holy crap, you couldn't make a story that is a more direct echo of the plot point in Wonderful Life if you tried.

Re: Trump's global tariffs struck down by US Supreme Court

#116

Post by munk-a »

andsoitis wrote: post #101
munk-a wrote: post #74

Earlier quoted context omitted.

The majority of American voters can be as dumb as they want - the two big failures here are the legislature and the judiciary. The judiciary let an obviously illegal thing sit for far too long while the legislature is too partisan to actually take actions against the administration (except in the case of the Epstein files which has been surprisingly admirable and a rare ray of light in the last year). If the majority…

Are you arguing voters in a democracy are not even a little responsible for the outcomes of their vote?

Oh, they're absolutely responsible and will suffer a fair amount of consequences for their votes. But the legislature should have stopped the bleeding a long time ago.

Re: Trump's global tariffs struck down by US Supreme Court

#117

Post by maxwell »

andsoitis wrote: post #101
munk-a wrote: post #74

Earlier quoted context omitted.

The majority of American voters can be as dumb as they want - the two big failures here are the legislature and the judiciary. The judiciary let an obviously illegal thing sit for far too long while the legislature is too partisan to actually take actions against the administration (except in the case of the Epstein files which has been surprisingly admirable and a rare ray of light in the last year). If the majority…

Are you arguing voters in a democracy are not even a little responsible for the outcomes of their vote?

[flagged]

Re: Trump's global tariffs struck down by US Supreme Court

#118

Post by sowbug »

sc68cal wrote: post #71
xnx wrote: post #57

Am I understanding this right? 1) US customer pays huge import tax on imported goods in the form of higher prices. 2) Seller sends the collected tax to the US government 3) US government will refund all/most of that tax back to the seller after this ruling 4) Seller gets to keep the returned tax money as pure profit (no refund to customer)

The importer pays the tax and passes it on as higher prices to the consumer. So the importers are the one that had the tax collected from them and would be getting the refund. The importer CAN be the seller, but other times the importer is a middleman in the supply chain.

To the CPAs among us: will the refunded import taxes be treated as extra profit for all the importers who paid them?

I could see an argument that they don't have a legal obligation to pass the refunds on to their customers, any more than my local grocery store owes me 5 cents for the gallon of milk I bought last year if the store discovers that their wholesaler had been mistakenly overcharging them.

Re: Trump's global tariffs struck down by US Supreme Court

#119

Post by elAhmo »

franktankbank wrote: post #2

Can't say one way or another whether the power of the president was abused in this case but its a sad state for businesses who can't get started because of flip flopping policy. I'm for the tarrifs, its absolutely ridiculous to think only Wall Street matters.

Could you elaborate on this:

> I'm for the tarrifs

What makes you think they are good?

Re: Trump's global tariffs struck down by US Supreme Court

#120

Post by dylan604 »

apawloski wrote: post #83

Great news for people who had to bend over backwards pretending this disruptive, nakedly corrupt behavior was "good, actually." But unfortunately, there are other channels for them to effectively do the same thing, as discussed in oral arguments. So still not a major win for American manufacturers or consumers, I fear.

Sure, but now SCOTUS can say they are not a rubber stamp for POTUS. "See, we just ruled against him. Sure, it's a case that doesn't really solve anything and only causes more chaos, but we disagreed with him. This one time."
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