Supreme Court Rules Against Trump’s Tariffs

[Oldcarpy2]

He's completely demented.

A disgrace.

Cognitive decline confirmed.

In spades.

[cherokeetroy]

Lutnick must be pleased

[Oldcarpy2]

My God.

Can there now be any doubt that this senile old man is completely unfit for Office?

This is just sad to watch.

A train wreck.

[Oldcarpy2]

"We used to make all the cars'

Really?  Nissan, Audi, Porsche, BMW, Renault, Peugeot, Fiat, Mazda and all the rest.

He's off his nut.

[CriticalStinker]

He’s using other legal framework to add an additional 10% on all countries.

This comes off as vindictive that courts ruled his actions unconstitutional, so he’s upping the ante… Which goes to my point earlier a lot of these have no plan and are arbitrary.

This is our nations economy, and he’s letting his pride govern it. Some domestic companies rely on foreign inputs for production, this takes away a competitive edge. We don’t produce every known material in the world, which is why tariffs should be thoughtful and have a clear plan.

Im sure we’re close to another lower court ruling, and another SCOTUS appeal. So we go through the song and dance again because pride is mad an action was unconstitutional. It was so stupid obvious from the beginning the courts would shut this down.

[Oldcarpy2]

Now he's on about "windmills".

FFS!

[cherokeetroy]

Lutnick bet against the tariffs 
seems reasonable to believe Lutnick was expecting this decision 
so it's reasonable to believe Trump was also expecting this decision 

I just think there's a bigger strategy at play, here

[FlyersFan]

He's completely demented.

A disgrace.

Cognitive decline confirmed.

In spades.

It was an unhinged rant temper tantrum for sure.

I just checked the DOW. 

I figured it would have taken a hit.

But the markets are still up and okay.   I'm surprised.

[CriticalStinker]

It was an unhinged rant temper tantrum for sure.

I just checked the DOW. 

I figured it would have taken a hit.

But the markets are still up and okay.   I'm surprised.

I think the market realized the new tariffs have no teeth, and will be shot down relatively soon. 

Supreme Court was clear in saying this is a constitutional matter of taxation, which is authority under Congress by the constitution. You can pick as many obscure justifications as you want, none of them will supersede the constitution or SCOTUS.

[FlyersFan]

I think the market realized the new tariffs have no teeth, and will be shot down relatively soon. 

He threatened to destroy world trade ... literally to take down countries including the USA.
All because he didn't get his way.   A total unhinged rant.
This kind of thing sets markets in a tizzy.   They are very delicate.
The slightest word from anyone and they go 'tilt'.
But this time they didn't.   I don't understand why.
Unless people realize Trumps time is short and he can't do what he threatens.
I wouldn't be surprised to see him declared unfit and kicked out.