Earlier quoted context omitted.
To the extent this is true, the entire thing could literally be a grift (I'm not saying Trump is smart enough to come up with this, just that people around him are, and he's grifty enough to go along with it): 1. Trump enacts the tariff, despite knowing it will be struck down. 2. The tariff extracts hundreds of billions from the economy. 3. Finance firms buy the potential refund for pennies on the dollar, knowing tha…
Trump has been obsessed with tariffs for decades. I fully believe he thought this was a great idea. Lutnick, on the other hand, quite obviously forsaw this eventuality (as did anyone who understands how power actually flows in the United States) and encouraged it while preparing to profit massively himself. It's an obvious play, good on him for getting away with it. It's clear at this point that this administration h…
Trump's global tariffs struck down by US Supreme Court
991–1000 of 1001 posts
Re: Trump's global tariffs struck down by US Supreme Court
#992Earlier quoted context omitted.
I don’t see how constitutional changes would help. The constitution already creates separation of powers, limits on executive authority, and procedures for removing an unfit president or one who commits serious crimes. But these only matter to the extent that majorities of elected and appointed officials care, and today’s ruling notwithstanding, there’s no political will to enforce any of them. The plurality of Ameri…
I'm not sure why Americans are so certain that their system of separation of powers is the right one. Most countries don't separate the executive and legislative like that. The executive is whoever can command the support of the legislative. If you think about the US system it makes no sense. An executive can just ignore the rules created by the legislative by just not enforcing it and the only means to stop that is…
Yup. aka vetocracy
Re: Trump's global tariffs struck down by US Supreme Court
#993Earlier quoted context omitted.
Memecoins especially are so funny it's worth putting out some numbers: - $TRUMP meme coin, down 87% from ATH - $MELANIA meme coin, down 98% from ATH - $WLFI, down 50% from ATH, with 4 Trump co-founders The first two coins were actually hyped up so hard at launch that they drained liquidity from most of the crypto market because of people dumping everything to buy in
None of these were intended to be long term investments for anyone. They exist as a way for money to be given to the Trump family in an legally obfuscated way. Most of that happens/happened right after launch.
Re: Trump's global tariffs struck down by US Supreme Court
#994Useful site for daily tariff updates: Trade Compliance Resource Hub.[1] They've marked which tariffs are now invalid and which are still valid. [1] https://www.tradecomplianceresourcehub.com/2026/02/20/trump-...
Re: Trump's global tariffs struck down by US Supreme Court
#995Earlier quoted context omitted.
None of these were intended to be long term investments for anyone. They exist as a way for money to be given to the Trump family in an legally obfuscated way. Most of that happens/happened right after launch.
Not disagreeing that wasn't the case, but none of these were advertised as such, they were all listed by top exchanges as any other speculative crypto asset
Re: Trump's global tariffs struck down by US Supreme Court
#996Earlier quoted context omitted.
Hmm, I read some of the decision, and now I'm not sure what to make of all of it. When I came to the opinion from Jackson, J., I found it extremely compelling. He says this: ... But some of TWEA’s sections delegating this authority had lapsed, and “there [was] doubt as to the effectiveness of other sections.” Accordingly, Congress amended TWEA in 1941, adding the subsection that includes the “regulate ... importation…
Jackson is a woman just fyi.
Re: Trump's global tariffs struck down by US Supreme Court
#997Earlier quoted context omitted.
So illegal actions shouldn't have consequences for anyone? That's a good way to deter such acts in the future
That’s a separate issue from where the already paid tariffs should go
Trump will just declare illegal tariffs again, until the Scotus strikes it down and then repeat
Re: Trump's global tariffs struck down by US Supreme Court
#998> After falsely claiming that the Democratic appointees “do not object to [the MQD’s] application in this case” (which, in point of fact, they do),
[1] https://www.stevevladeck.com/p/212-the-gorsuch-kagan-tariffs...
Re: Trump's global tariffs struck down by US Supreme Court
#999Earlier quoted context omitted.
> 4) Seller gets to keep the returned tax money as pure profit Seller may not reduce the price as well. Thus, continues to keep the raised price due to tariffs as free profit.
Unless there's only one seller, why won't one of them just lower their price slightly to gain a market share edge and increase their total profit (even if margins slightly drop)?
Re: Trump's global tariffs struck down by US Supreme Court
#1000Earlier quoted context omitted.
Why does that seem more likely? They haven't done that yet.
Sure they have. https://www.washingtonpost.com/politics/2025/07/21/trump-cou... > President Donald Trump and his appointees have been accused of flouting courts in a third of the more than 160 lawsuits against the administration in which a judge has issued a substantive ruling, a Washington Post analysis has found, suggesting widespread noncompliance with America’s legal system. https://www.nytimes.com/2026/02/18/us/…