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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

#901

Post by suzzer99 »

ruszki wrote: post #416
bradleyjg wrote: post #340

Earlier quoted context omitted.

Kavanaugh clearly isn’t in the same bucket. His votes go either way. I don’t recall seeing a single decision this administration where either Alito or Thomas wrote against a White House position. Not just in case opinions but even in an order. I don’t think we’ve seen a justice act as a stalking horse for the president in this way since Fortas.

You need to be cautious with the notion of “his votes go either way”. In Hungary, where I’m from, and a Trump kinda guy rules for 16 years, judges vote either way… but they vote against the government only when it doesn’t really matter for the ruling party. Either the government wants a scapegoat anyway why they cannot do something, or just simply nobody cares or even see the consequences. Like the propaganda newspap…

Well under that theory, this would have been a good time for Kavanaugh to go against Trump, since his vote didn't matter.

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

#902

Post by omnimus »

Forgeties79 wrote: post #814
skeletal88 wrote: post #754

Earlier quoted context omitted.

This has nothing to do with tariffs and everything to do with us companies hsving an unfair advantage or justnot following EU regulations. Or musk trying to interfere in our politics and supporting extreme right wing parties. Also us government having access to our cloud data, etc. All our advertising money goes to the US to google/fb, because everyone is using them, not because they are inherently better at anything…

So many of you keep using the word “unfair.” What is so unfair? What can these countries do that we cannot? Have you considered all the advantages the US has over some of these countries? Is that not “unfair”? I would say the US’s relationship with the Internet is certainly an advantage even if we call it “fair.”

I think what they mean is that post war US got a special treatment from their main allies in exchange for US globalism, diplomacy, security. For example in EU with digital technology the US got:

- always open arms for adoption (all govs prefer to use US software, although there have always been local alternatives). EU govs never really pushed adoption of their local software companies, they usually push for adoption of US tech

- extremely lax tax rules and enforcement towards US

- no protection of sales of local companies and startups (every successful EU tech company becomes US owned)

- lax enforcement of local laws towards US companies compared to EU ones. So many US businesses would be illegal but the companies do it anyway while EU alternatives have hard time existing (for example all consumer data gathering and sales but also companies like uber and airbnb)

All that is ok in eyes of EU politicians since there is “the silent deal”. But what do you do once one party doesn't keep their side of the bargain?

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

#903

Post by yalogin »

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)

It’s worse. Sellers raised prices citing tariffs. Not only does the seller get a one time bonus, the prices are now permanently raised as we all know prices are never coming down

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

#904

Post by rstuart4133 »

anjel wrote: post #265
vlovich123 wrote: post #55

Earlier quoted context omitted.

It’s a tax on the US economy. A tax levied by individuals rather than the government itself. An ingenious scheme. Evil, but ingenious.

Refunds to business, but unless they have to refund to consumers it's free capital to importers

There are Non-Resident Importers, which are foreign companies that import goods into the USA, but do not have a presence in the United States. About 15% of USA imports come through NRIs.

For them this reversal sets up a true irony. Trump effectively forced US citizens to pay more the imported goods. He thought that money would go to the USA treasury. Now the US treasury has to pay it back, so it is a free gift to the exporting countries. Like China.

Truly delicious.

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

#905

Post by ngc248 »

conductr wrote: post #885
not_a_bot_4sho wrote: post #69

Earlier quoted context omitted.

There have been no decisions about refunds. The court avoided addressing that. That topic will surely go back to the courts, kicking and screaming

Personally think it should not get refunded. There’s no sane way to get it back to its source. And no one group should be making profit from it. Best if it stays with the government like a federal forfeiture so in theory we all benefit from it as citizens , maybe it goes against the national debt or lessens our deficit next year.

Government is a poor spender, we should not be handing them more money

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

#906

Post by pnt12 »

klipt wrote: post #842
kernal wrote: post #834

Earlier quoted context omitted.

[flagged]

Free trade is leftist now? I thought a minute ago "communist China" was the protectionist one and "free capitalist America" was the one in favor of free trade.

It disturbs me to see this behavior in my country alt-right voters, or better said, fanatics. The party is full of contradictions, and they will go with the flow, double down and rationalize all of them.

Maybe the problem is that they make it part of their identity. Voting for a different party according to their agenda is reasonably easy, but it's hard to reject who we are.

In the end, they're supporting a lying, corrupt, violent, fascist party and they don't see it - to them, it's the other parties doing that, even though this one has the most accusations (with evidence backing them up, not just made up).

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

#907

Post by ngc248 »

webXL wrote: post #706
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)

In October, I bought a $250 product from a Canadian company + about $30 shipping & taxes and thought I was good. A few weeks later, FedEx sends me an $92 bill for the duty that they had to pay. I just ignored it since I was never given that notice up front. If they really wanted it, they could have had the vendor contact me. But at least they're not getting that bit of profit now.

they may start rcharging you warehouse storage fees and demurrage fees. chec out what happens if you dont take the delivery

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

#908

Post by JumpCrisscross »

kccoder wrote: post #492
JumpCrisscross wrote: post #442

Earlier quoted context omitted.

> 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.

Presumably you're not a admin cabinet member or related to one or have inside info from those in the cabinet, which is the key differentiator.

Totally with you on the corruption angle. I was just pointing out that loaning businesses money isn’t inherently evil. I’m also unconvinced anyone I lent to actually wants to go through the trouble and political risk of fighting for a refund.

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

#909

Post by BrenBarn »

A stopped clock is right twice a day. Let's not let this decision distract us from the fact that the supreme court is a complete charade, all day, every day. It is a corrupt and meaningless institution and has been for at least 10 years, if not multiple decades.

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

#910

Post by chairmansteve »

BoredPositron wrote: post #54
alephnerd wrote: post #6

Earlier quoted context omitted.

A US-Iran conflict has been inevitable for decades. A nuclear Iran would lead to a nuclear KSA, Turkiye, UAE, Egypt, Qatar, etc and would make the Middle East more unstable. We don't need to put boots on the ground though. The reason why we had boots in Afghanistan and Iraq which led to it's unpopularity was due to our moral commitment to nation-building in the 1990s-2000s (especially after Yugoslavia). Americans no…

Overconfidence is a slow and insidious killer.

“How did you go bankrupt?” Bill asked.

“Two ways,” Mike said. “Gradually and then suddenly.”

Hemingway - The Sun Also Rises

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