What will happen to the economy and stock market if SCOTUS rules Trump tariffs are unconstitutional?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Overturning tariffs would be a huge gift to Trump and would allow him to escape the consequences of crashing the US economy. There's a possibility of a unanimous decision upholding the tariffs, conservatives to show adequate fealty to Trump and the liberals to deliver a crap sandwich Trump will ignorantly eat. Plus letting Trump impose random tariff percentages on whatever products really muddles Republican messaging on the economy ("well we lowered tariffs on China from 100% to 85% and the 47% increase on steel will let you buy cars at a 2.78% discount"). Democrats can just say whatever Trump is doing is raising prices, inflation, and unemployment.

The problem with this theory is that the liberal justices have integrity and actually rule on the merits of the case, unlike the regressive ones who rule however will cement more GOP power.

LOLOLOLOL

Indeed. You can trust the liberal members of the court to ALWAYS vote for what the progressive/democratic side wants. It’s the conservative members of the court which sometimes vote against what conservatives want. Well, except for Thomas. He’s basically the conservative version of the three liberal justices.

BS BS BS

There is no reality that Roberts, Barrett, and Kavanugh and Alito and Gorsouch are not anti american trash. They gave a criminal immunity to install him as king.

Thomas is a baffoon criminal baffoon.

Who paid Kavanugh's debts? He did not millions they paid off his credit cards. Barrett wants you barefoot and preganant and your daughters raped by old white men. They are unconstitutional hacks.

My family died for this county you are an anti Ameriican idiot.

Grow up. Read a real newspaper for your facts. Try the Wall Street Journal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Overturning tariffs would be a huge gift to Trump and would allow him to escape the consequences of crashing the US economy. There's a possibility of a unanimous decision upholding the tariffs, conservatives to show adequate fealty to Trump and the liberals to deliver a crap sandwich Trump will ignorantly eat. Plus letting Trump impose random tariff percentages on whatever products really muddles Republican messaging on the economy ("well we lowered tariffs on China from 100% to 85% and the 47% increase on steel will let you buy cars at a 2.78% discount"). Democrats can just say whatever Trump is doing is raising prices, inflation, and unemployment.

The problem with this theory is that the liberal justices have integrity and actually rule on the merits of the case, unlike the regressive ones who rule however will cement more GOP power.

LOLOLOLOL

Indeed. You can trust the liberal members of the court to ALWAYS vote for what the progressive/democratic side wants. It’s the conservative members of the court which sometimes vote against what conservatives want. Well, except for Thomas. He’s basically the conservative version of the three liberal justices.

BS BS BS

There is no reality that Roberts, Barrett, and Kavanugh and Alito and Gorsouch are not anti american trash. They gave a criminal immunity to install him as king.

Thomas is a baffoon criminal baffoon.

Who paid Kavanugh's debts? He did not millions they paid off his credit cards. Barrett wants you barefoot and preganant and your daughters raped by old white men. They are unconstitutional hacks.

My family died for this county you are an anti Ameriican idiot.

Grow up. Read a real newspaper for your facts. Try the Wall Street Journal.

No you learn to research facts. Kavanugh had credit card debts out the wazoo....

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Overturning tariffs would be a huge gift to Trump and would allow him to escape the consequences of crashing the US economy. There's a possibility of a unanimous decision upholding the tariffs, conservatives to show adequate fealty to Trump and the liberals to deliver a crap sandwich Trump will ignorantly eat. Plus letting Trump impose random tariff percentages on whatever products really muddles Republican messaging on the economy ("well we lowered tariffs on China from 100% to 85% and the 47% increase on steel will let you buy cars at a 2.78% discount"). Democrats can just say whatever Trump is doing is raising prices, inflation, and unemployment.

The problem with this theory is that the liberal justices have integrity and actually rule on the merits of the case, unlike the regressive ones who rule however will cement more GOP power.

LOLOLOLOL

Indeed. You can trust the liberal members of the court to ALWAYS vote for what the progressive/democratic side wants. It’s the conservative members of the court which sometimes vote against what conservatives want. Well, except for Thomas. He’s basically the conservative version of the three liberal justices.

BS BS BS

There is no reality that Roberts, Barrett, and Kavanugh and Alito and Gorsouch are not anti american trash. They gave a criminal immunity to install him as king.

Thomas is a baffoon criminal baffoon.

Who paid Kavanugh's debts? He did not millions they paid off his credit cards. Barrett wants you barefoot and preganant and your daughters raped by old white men. They are unconstitutional hacks.

My family died for this county you are an anti Ameriican idiot.

Grow up. Read a real newspaper for your facts. Try the Wall Street Journal.

No you learn to research facts. Kavanugh had credit card debts out the wazoo....

This has all been debunked. You are as bad as the MAGA people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My prediction if tariffs are overturned:
-Interest rates go up because of deteriorating fiscal condition of the U.S. since this will blow a hole in the federal budget, higher mortgage rates
-Price of gold goes up
-Consumer prices flatline, rate of inflation falls below 2%
-Stock market rally in companies/sector reliant on imports - consumer good (Walmart, Home Depot), electronics (Apple, Samsung), automotive (US and foreign), small cap stocks
-Tariffs refunds inject money into the economy - less layoffs, more economic activity
-

Why on EARTH would the Fed increase interest rates due to deteriorating conditions…?

Agree this is wrong.

It has nothing to do with the Fed raising or lowering rates. If the tariffs are overturned and refunded, the U.S. government will need to issue a massive amount of debt in a very short period of time to cover the spending that was supposed to be funded by tariffs. The only way to garner that degree of interest in the debt auctions is for US Treasury auctions to clear at a very high interest rate. The more debt we need to issue in a short period of time, the higher the interest rate will need to be.

The Fed is not the end all, be all of interest rates.

Why would there be a refund? There is no world where that would happen. It would all be going forward not looking back. Even 9 liberals would not say he would have to refund.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My prediction if tariffs are overturned:
-Interest rates go up because of deteriorating fiscal condition of the U.S. since this will blow a hole in the federal budget, higher mortgage rates
-Price of gold goes up
-Consumer prices flatline, rate of inflation falls below 2%
-Stock market rally in companies/sector reliant on imports - consumer good (Walmart, Home Depot), electronics (Apple, Samsung), automotive (US and foreign), small cap stocks
-Tariffs refunds inject money into the economy - less layoffs, more economic activity
-

Why on EARTH would the Fed increase interest rates due to deteriorating conditions…?

Agree this is wrong.

It has nothing to do with the Fed raising or lowering rates. If the tariffs are overturned and refunded, the U.S. government will need to issue a massive amount of debt in a very short period of time to cover the spending that was supposed to be funded by tariffs. The only way to garner that degree of interest in the debt auctions is for US Treasury auctions to clear at a very high interest rate. The more debt we need to issue in a short period of time, the higher the interest rate will need to be.

The Fed is not the end all, be all of interest rates.

Why would there be a refund? There is no world where that would happen. It would all be going forward not looking back. Even 9 liberals would not say he would have to refund.

If Trump's tariffs are deemed unconstitutional - which they manifestly are since only Congress has that power - I don't see how the government can keep the money that was taken illegally from others. They will have to refund.

Obviously that will lead to a financial crisis for the US. The fed will have to jack up interest rates to get other countries to buy the debt. And we will need to change the tax code to finance all this additional debt. Trump is easily the president that has added the most debt in the history of all presidents - and this is yet another burden he's inflicting on Americans.

The Trump administration is testing all sorts of limits on executive power. We are a nation of laws - or we are not. Judging from the Supreme Court questioning, I suspect that they will rule the Trump tariffs are unconstitutional. And the consequences are what they are.