Supreme Court rules Trump's emergency tariffs are illegal

Anonymous
Anonymous wrote:The bond market is going to be very, very unhappy with the US. Dollar will tank. Borrowing costs will sky.


Treasuries are declining.

https://www.bloomberg.com/news/articles/2026-02-20/us-treasuries-fall-after-supreme-court-scraps-trump-s-tariffs
Anonymous
Anonymous wrote:Who wants to bet the money is gone and will never be accounted for?


It's in Trump's account in Qatar.
Anonymous
Anonymous wrote:Random question - what about tariffs that are in limbo?

I ordered something from Europe. It got delivered yesterday by Fedex. My understand with Fedex, is that they pay the tariffs on your behalf, and then send you a bill after the fact.

So... is Fedex going to still send me a bill? Do I tell them to get the government to reimburse them? Do I still have to pay them?


UPS wouldn't give me my package until I paid. I literally had the guy on my doorstep while I had to get on my phone to pay the tariff. For an item that came broken....
Anonymous
Anonymous wrote:HALLELUJAH! , FINALLY. THE SC GREW A PAIR!!!!


+1000!
Anonymous
Anonymous wrote:Bad news for Iran

You got it
Anonymous
What's going to happen to those trade agreements? it's all because of tariff, now tariff is gone, I guess so are those agreements.
Anonymous
CNN's Kristen Holmes reports that Trump blew up during a meeting after learning of the SCOTUS ruling on tariffs.

"He started ranting about the decision, not only calling it a disgrace, but started attacking the courts and at one point saying these effing courts, but using the actual language there"
Anonymous
Anonymous wrote:
Anonymous wrote:Bad news for Iran

You got it


Why are you smiling? Because we may start a war?

This is in no way funny. The Supreme Court ruled on what we already knew was unconstitutional. The damage cant be undone. The dollar is going down. What a $hit$how.
Anonymous
It was the only logical conclusion. It's a disgrace that there was any dissent at all. In what world does it make sense that a President could say "I'm going to tariff you 150% because I don't like the way you talked to me on the phone"?
Anonymous
Anonymous wrote:CNN's Kristen Holmes reports that Trump blew up during a meeting after learning of the SCOTUS ruling on tariffs.

"He started ranting about the decision, not only calling it a disgrace, but started attacking the courts and at one point saying these effing courts, but using the actual language there"


If you watch the video clip, the reason it is a huge part of his economic agenda is because he uses it as a cudgel for personal gain.

https://bsky.app/profile/acyn.bsky.social/post/3mfcjxwco762z
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Bad news for Iran

You got it


Why are you smiling? Because we may start a war?

This is in no way funny. The Supreme Court ruled on what we already knew was unconstitutional. The damage cant be undone. The dollar is going down. What a $hit$how.


I think they are amused because he literally said this morning he is considering a strike. Gotta distract!
Anonymous
This also means the Voting Rights Act is likely gone too. It's how SCOTUS rolls.
Anonymous
FITCH:

".. Call it Liberation Day 2.0—arguably the first one with tangible upside for U.S. consumers and corporate profitability. This is a material rollback: more than 60% of the 2025 tariffs effectively vanish .. removing more than $200 billion in expected annual tariff collections."
Anonymous
Jeff needs to add confetti and fireworks to something like this!
Anonymous
Anonymous wrote:It's a huge mess.

One reason for Kavanaugh's dissent, based on news reports, is that refunds will be next to impossible.

That may be true, but it's not a reason to allow the admistration to flout the laws.


This was the Supreme Court's reason for appointing GWB President: actually counting the votes would be a mess.
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