Tarriffs overturned
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Anonymous
| Who benefits most, in the stock market? Will big American companies get refunds and be swimming in cash? Or will the Russell 2000 get a bit of relief from being kind of hammered by having to bear these costs? Or just try to get Alibaba/Temu/Shein before a rebound? |
Anonymous
| The irony is this will probably help the Republicans a bit if it keeps the economy out of a recession before November. Probably won't be enough, as the coming slowdown in "AI" spending will be pretty bad, and that's the only thing keeping growth up right now. |
Anonymous
| I read they will just go through a different section of law |
Anonymous
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Will WE/AMERICANS get refunds? Or at least those of us who didn't vote for that criminal ahole?
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Anonymous
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He can try to use another route for tariffs but it only lasts 150 days. Refunds for us will take about a year. Costco started working on this early so may be faster.
It means dollar tanks, debt and taxes go up. And farmers not getting that relief. Super excited someone finally stood up to the clown!! |
Anonymous
Are you kidding? The economy is going to boom but since Trump is obsessed with proving to economists that tariffs work, he's just going to impose new ones in a few months and tank the economy gain. Probably right before midterms. |
Anonymous
They are going to try but those are even weaker legal paths- will probably get slowed down the courts very quickly, leaning on this ruling will make it an easy call. |
Anonymous
| No market moves. Tells you how important this is. |
Anonymous
Markets clearly already priced in SCOTUS overturning the corrupt grifter's tariffs. |
Anonymous
+1 nothingburger. |
Anonymous
| lol lol NO stupid post! |
Anonymous
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Stock market investors are welcoming the supreme court’s rejection of Donald Trump’s global tariffs.
The Dow Jones industrial average, of 30 large US companies, is up 0.3% or 138 points at 49,533 points, having dipped slightly in early trading before the ruling was announced. The S&P 500 share index, which had opened flat, is now up 0.32%. Stocks in London are higher too, with the FTSE 100 index now up 75 points or 0.7% at 10,700 points, near its record high (10,715) set earlier this week. US bond prices are weakening, pushing up the yield (or interest rate) on Treasuries slightly, as traders contemplate whether companies who have paid tariffs will now receive refunds. |
Anonymous
Article 1, Section 7, Clause 1 is crystal clear. Are you suggesting the House of Representatives will pass the tariffs? |
Anonymous
Since when does this administration care about the constitution? There's a presser right now and he confirmed he is going to use alternate methods. |
Anonymous
There are parts of existing statutes which could be tortured by compliant Administration lawyers to give the Emperor tariff authority. https://www.rila.org/blog/2025/06/what-is-section-122 |