301–310 of 1001 posts
The power to impose tariffs rests with the legislator, not the executive. Of course our congress is effectively useless - we can thank decades of Mitch McConnell's (and others) "not giving the other side anything" thinking for that.
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TACOs?
https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out Trump Always Chickens Out (TACO) is a term that gained prominence in May 2025 after many threats and reversals during the trade war U.S. president Donald Trump initiated with his administration's "Liberation Day" tariffs. The charitable explanation is that he chickens out when confronted with real backlash.The less charitable explanation is that he 'chickens' ou…
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Fully agree, but that's what happens when you keep piling laws on top of laws on top of laws and never go back and refactor. If I recall correctly, the case hinged on some vague wording in a semi-obscure law passed back in 1977.
Except that isn’t relevant at all. This Supreme Court is completely cooked. If the case was “can Trump dissolve New York as a state” you would still have 3 justices siding in his favor with some dog shit reasoning.
As a counter-example, if the case was, say, "can a college use race as a factor in admissions"[0], you get 3 justices siding in favor using dogshit reasoning, just from the other side of the aisle. It's a bit ridiculous to think there aren't Democrat partisan judges on the Supreme Court.
0: https://en.wikipedia.org/wiki/Students_for_Fair_Admissions_v...
It seriously feels like a scheme to ensure cheap labor.
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If whoever runs in 2028 does not have a concrete plan for investigating & prosecuting every single person who worked under this admin from top to bottom, they are wasting everyone's time. We need to see hundreds of life-in-prison sentences by the end of 2029.
I can tell you what will happen instead. If a dem wins in 2028, the big push will be one of reconciliation and acceptance. Let bygones be bygones. And it'll happen. And then for the next 4 years conservative media will absolutely pound that person's backside over made up and/or exaggerated corruption claims. Then in 2032 the GOP candidate will claim they're going to look into these claims.
I wonder what this means for the EU. We made a new deal under pressure of the tariffs that is actually worse than the deal we had. If we had not bent the knee, we would have had that original deal back, or at least, so it seems? Now we seem to be properly shafted due to weak politicians.
"The ruling applies to his so-called "Liberation Day" tariffs, but not individual tariffs he's imposed on specific countries or products " -- So what's gonna happen next? For countries that negotiated special treatment, they'll be stuck with a (now worse) deal? For other countries, they'll return to the previous deal (non-tariff)?
and, i'll bet, just the first of many
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…
You think at some point america would get sick of having a billionaire gang of thieves in charge. Trump just gave himself a $10 billion dollar slush fund from taxpayers. Who stopped him? No one. This amount of money will buy you one great den. Noem wants luxury jets from the taxpayer. So. Much. Winning.