491–500 of 1001 posts
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?
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…
> a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund For what it’s worth, I’ve personally been doing this. Not in meaningful dollar amounts. And largely to help regional businesses stay afloat. But I paid their tariffs and bought, in return, a limited power of attorney and claim to any refunds.
> Given that the phrase “adjust the imports”—again, in a statutory provision that did not use specific words such as “tariff ” or “duty”—was unanimously held by this Court in 1976 to include tariffs, and given that President Nixon had similarly relied on his statutory authority to “regulate . . . importation” to impose 10 percent tariffs on virtually all imports from all countries, could a rational citizen or Member of Congress in 1977 have understood “regulate . . . importation” in IEEPA not to encompass tariffs? I think not. Any citizens or Members of Congress in 1977 who somehow thought that the “regulate . . . importation” language in IEEPA excluded tariffs would have had their heads in the sand.
The roll-call vote for HB7738 (IEEPA) was not recorded [2], so we seemly can't confirm today how any sitting members voted at the time. But there are two members of Congress remaining today who were present for the original vote: Chuck Grassley (R-Iowa) and Ed Markey (D-Mass). They clearly both agree with the Court, while having different opinions on the tariffs themselves.
Statement by Grassley [3]:
> I’m one of the only sitting members of Congress who was in office during IEEPA’s passage. Since then, I’ve made clear Congress needs to reassert its constitutional role over commerce, which is why I introduced prospective legislation that would give Congress a say when tariffs are levied in the future. ... I appreciate the work [President Trump] and his administration are doing to restore fair, reciprocal trade agreements. I urge the Trump administration to keep negotiating, while also working with Congress to secure longer-term enforcement measures.
Statement by Markey after previous decision in August [4]:
> Today’s ruling in the U.S. Court of Appeals for the Federal Circuit makes it clear that President Trump’s chaotic tariff policy is illegal. ... Today’s ruling is an important step in ending the economic whiplash caused by Trump’s abusive tariff authority.
N=2 is scant evidence, but it seems like both sides of the aisle "had their head in the sand", or Justice Kavanaugh's historical interpretation is a bit off.
[1] p.127: https://www.supremecourt.gov/opinions/25pdf/24-1287_4gcj.pdf
[2] g. 22478: https://www.congress.gov/95/crecb/1977/07/12/GPO-CRECB-1977-...
[3] https://www.ketv.com/article/lawmakers-from-nebraska-iowa-re...
[4] https://www.sbc.senate.gov/public/index.cfm/2025/8/ranking-m...
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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.
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Immediate signal that you can ignore whatever comes next.
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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."
> ...but we disagreed with him. This one time. They've actually done so numerous times already and have several cases on the docket that look to be leaning against him as well. There's a reason why most serious pundits saw this ruling coming a mile away, because SCOTUS has proven to not be a puppet of the administration.
Several justices are openly taking bribes
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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.
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And do you remember when he promised to illegally raise taxes without the consent of congress? Me neither.
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What an odd thing to say. The businesses in the other countries are, you know, businesses. Even if it were Chinese companies that were paying the tariffs, that will be baked into the cost of the good. This is literally first-day economics. No such thing as a free lunch. The cost of the item that the end user pays should reflect all costs associated with production and distribution to that end user. I have no idea how…
https://en.wikipedia.org/wiki/Tariff A tariff or import tax is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter. If an analysis says that "domestic consumers are paying 90%" of a tariff then they are simplifying the process that…
I swear that whoever is advising trump is trying to purposefully give tariffs, and immigration enforcement a bad name. It seriously feels like a scheme to ensure cheap labor.
Yeah the resulting stigma on tariffs is a bit unfortunate. You could imagine a system of tariffs that was intended to set a sort of globalized minimum wage in certain segments. The US could even have foreign entities to distribute the tariff income to the workers in those countries for example. Tariffs are totally a reasonable tool for protecting national security interests or leveling the playing field for the Ameri…
I could imagine people being on board with it if they could get a tariff funded subsidy for things made in America. If the average person got an explicit discount on their Ford because some rich person paid extra taxes on their Audi, then tariffs wouldn't seem so bad. I just think the actual goal is to make them political suicide for decades.