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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

#31

Post by raincole »

drunner wrote: post #9

Is it all speculation still at this point for what happens next? Like are they immediately void, does the govt have to repay importers the now illegal loss? Or is this just another "trump did illegal thing but nothing will happen" kind of scenario?

Trump govt will find another way to circumvent this and keep the tariff.

https://www.cnbc.com/2025/09/02/cnbc-daily-open-trump-admini...

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

#33

Post by ajross »

edot wrote: post #16
nerdsniper wrote: post #11

Unfortunately, I suspect that many platforms/outlets which were paying tariffs for us will continue their high prices. I’d love to see my startups cost of hardware go down but I can’t plan on it happening in my CapEx projections.

Yep. Same exact trick that happened during COVID. Prices ratchet up but never down.

Prices drop all the time. But no, they don't drop "automatically" as some kind of rules thing when regulations change. Prices drop when someone has extra inventory and needs to liquidate, or run a sale, or whatever.

Anthropomorphizing markets as evil cartels is 100% just as bad as the efficient market fetishization you see in libertarian circles. Markets are what markets do, and what they do is compete trying to sell you junk.

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

#34

Post by mothballed »

lokar wrote: post #29
Jamesbeam wrote: post #15

He better dusts off the good old auto pen. The man has a lot of cheques to write for the 175 billion he stole illegally from foreign countries.

Americans pay the tariffs

.gov can write the check back to Americans then, and disband ICE, CBP, the DEA, and the ATF to pay for it.

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

#35

Post by lokar »

drunner wrote: post #9

Is it all speculation still at this point for what happens next? Like are they immediately void, does the govt have to repay importers the now illegal loss? Or is this just another "trump did illegal thing but nothing will happen" kind of scenario?

I have not read the ruling, but….

A typical pattern is the appeals court (of which scotus is one) clarifies the legal issues and send the case back to the trial court to clean up and issue specific orders.

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

#36

Post by hypeatei »

Jamesbeam wrote: post #15

He better dusts off the good old auto pen. The man has a lot of cheques to write for the 175 billion he stole illegally from foreign countries.

The sad part is that the $175B was already spent because the tariffs didn't generate a budget surplus so we literally just set it on fire and will need to turn on the money printer to give it back to Americans who paid the taxes.

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

#39

Post by mothballed »

edot wrote: post #16
nerdsniper wrote: post #11

Unfortunately, I suspect that many platforms/outlets which were paying tariffs for us will continue their high prices. I’d love to see my startups cost of hardware go down but I can’t plan on it happening in my CapEx projections.

Yep. Same exact trick that happened during COVID. Prices ratchet up but never down.

Mouser (electronics parts distributor) just charges you an itemized tariff rate. They should go down immediately for those electronics parts.

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

#40

Post by edot »

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.finance.senate.gov/ranking-members-news/wyden-wa...

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