Trump's global tariffs struck down by US Supreme Court
541–550 of 1001 posts
Re: Trump's global tariffs struck down by US Supreme Court
#542Howard 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…
Always seems to be in the right place and the right time
Re: Trump's global tariffs struck down by US Supreme Court
#543Howard 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 witness also reported to the FBI that Lutnick and CF are engaged in massive fraud: https://www.justice.gov/epstein/files/DataSet%209/EFTA012492... Oh and he bought his house from Epstein for $10. Nothing to see here just a criminal admin fleecing you without even shame enough to try to hide it well.
Why would they bother hiding it when the populace is apparently powerless to do anything about it?
Re: Trump's global tariffs struck down by US Supreme Court
#544Earlier quoted context omitted.
Overconfidence is a slow and insidious killer.
We truly don't need boots on the ground though. The NATO campaign in Libya was similar with no American boots on the ground, with the Gulf and Turkiye largely stepping in. And unlike Libya, we don't have US citizens in a consulate in Iran. "You break it, you buy it" doesn't hold in 2026 anymore.
"Hands off the nuke or we kill you" is a great populist policy on paper, but difficult to implement in reality. Especially if your air campaign fails, necessitating a suicidal ground invasion.
Re: Trump's global tariffs struck down by US Supreme Court
#545Finally some sanity. The administration has use laws about "national security" and other so call "emergencies" to impose tariffs. If everything is an emergency then nothing is, and that was clearly not congress' intention with those laws. 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…
> If everything is an emergency then nothing is, and that was clearly not congress' intention with those laws. The state of exception is the true test of sovereignty, and powers that crave sovereignty therefore seek out states of exception. The PATRIOT act created new institutions and authorities like the TSA. Just a few years ago local health departments were making business-shuttering decisions that ruined life for…
Re: Trump's global tariffs struck down by US Supreme Court
#546It's odd to me that something as fundamental as 'can the President unilaterally impose tariffs on any country he wants anytime he wants' is apparently so ill defined in law that 9 justices can't agree on it.
It seems likely to me the ruling took this long because John Roberts wanted to get a more unanimous ruling. Additionally, the law in this case isn’t ill defined whatsoever. Alito, Thomas, and to a lesser extent Kavanaugh are just partisan hacks. For many years I wanted to believe they had a consistent and defensible legal viewpoint, even if I thought it was misguided. However the past six years have destroyed that no…
Re: Trump's global tariffs struck down by US Supreme Court
#547Earlier quoted context omitted.
Yeah, he's gotta finance the payments to whoever the kiddie peddler du jour is somehow. Especially now that he can't just walk next door or steer his yacht towards a conveniently located island.
You don't think there's already a replacement island?
Re: Trump's global tariffs struck down by US Supreme Court
#548Earlier quoted context omitted.
I love how it’s “global damage” when the US tariffs counties that are already tariffing them. But no, unfortunately the rest of the world knows the US’s value.
Like Switzerland that basically has zero tariffs on export to the US but was initially slapped with 39% because trump can't stand women in power? What about Brasil where trump stated the 50% tariff is punishment for putting Bolsonaro in prison?
Re: Trump's global tariffs struck down by US Supreme Court
#549Earlier quoted context omitted.
There will be a wild party across the globe when that man passes. Flags burning, fireworks, nude parades, more alcohol consumed than the day prohibition was lifted. Red Hats will be crying in the street while sane and normal happy people dance like it's the rapture and kiss like they're falling in love for the first time all over again.
I wish everyone a nice party, but the problem isn't Trump. Its what behind him: the ideologues, the power brokers and their networks, the 0.001%. Plus the masses having been bathing in culture wars for years. Trump is just good for circus, I would say the GOP can call themselves really lucky with him. His job is to successfully capture media attention, keeping what enables him out of the spotlight. He lacks all quali…
Re: Trump's global tariffs struck down by US Supreme Court
#550Howard 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…
I wouldn’t put anything past them, but my impression is that they were just acting as a middleman for this transaction and taking a fee, rather than making a directional bet one way or another. Hedge funds have certainly been buying a lot of tariff claims, giving businesses guaranteed money upfront and betting on this outcome. But for an investment bank like Cantor Fitzgerald that would be atypical.