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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. SCOTUS blocks Trump tariffs under IEEPA

SCOTUS blocks Trump tariffs under IEEPA

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  • Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote last edited by
    #14

    He's just announced a global 10% tariff on everybody.

    I was only joking

    HoraceH 1 Reply Last reply
    • Doctor PhibesD Doctor Phibes

      He's just announced a global 10% tariff on everybody.

      HoraceH Online
      HoraceH Online
      Horace
      wrote last edited by
      #15

      @Doctor-Phibes said in SCOTUS blocks Trump tariffs under IEEPA:

      He's just announced a global 10% tariff on everybody.

      Yeah. Oddly the market didn't react.

      Education is extremely important.

      1 Reply Last reply
      • X Offline
        X Offline
        xenon
        wrote last edited by
        #16

        That tariff has a built in 150 day limit.

        1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote last edited by Mik
          #17

          https://www.msn.com/en-us/money/markets/what-supreme-court-ruling-against-trump-tariffs-means-for-your-money/ar-AA1WKHtY

          Includes the tariffs on French wine. Happy day. 😁

          "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote last edited by
            #18

            Anybody need a German piano?

            The Brad

            1 Reply Last reply
            • MikM Offline
              MikM Offline
              Mik
              wrote last edited by
              #19

              Gorsuch's comment on this (confirmed by Newsweek):

              alt text

              "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

              1 Reply Last reply
              • HoraceH Online
                HoraceH Online
                Horace
                wrote last edited by
                #20

                No need for journalist confirmation. That was in the written opinion released by SCOTUS.

                Education is extremely important.

                1 Reply Last reply
                • MikM Offline
                  MikM Offline
                  Mik
                  wrote last edited by
                  #21

                  I confirm anything I see on FB before I share it.

                  "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

                  1 Reply Last reply
                  • X Offline
                    X Offline
                    xenon
                    wrote last edited by
                    #22

                    Trump had another tantrum and upped the 10% to 15%.

                    1 Reply Last reply
                    • HoraceH Online
                      HoraceH Online
                      Horace
                      wrote last edited by
                      #23

                      sigh.

                      Education is extremely important.

                      1 Reply Last reply
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote last edited by
                        #24

                        He loves taxing Americans. Makes Mamdani look like Milton Friedman in comparison.

                        The whole reason we call them illegal aliens is because they’re subject to our laws.

                        1 Reply Last reply
                        • HoraceH Online
                          HoraceH Online
                          Horace
                          wrote last edited by
                          #25

                          From what I understand, there has to be an investigation and written justification (at least) for tariffs under the new sections. Of course the administration will concoct something, but if it's too transparently garbage, it'll be open to court rejection, presumably.

                          Education is extremely important.

                          1 Reply Last reply
                          • AxtremusA Away
                            AxtremusA Away
                            Axtremus
                            wrote last edited by
                            #26

                            With so many AI chat bots around, surely one can "write" a justification to muddle through the 150 days legal maximum.

                            1 Reply Last reply
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote last edited by
                              #27

                              Then he lets them lapse for a day and does another 150 days of 14.9%?

                              The whole reason we call them illegal aliens is because they’re subject to our laws.

                              1 Reply Last reply
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