Supreme Court Rules Against Trump’s Tariffs

[cherokeetroy]

They probably found something that needs a little tweaking.  Don't worry. When the smoke clears. Trump's Tariff's aren't going anywhere.

Stock's way up.  Economy howling in the USA. Get back to reality.

If the economy was howling, Trump wouldn't have to go on an "Affordability Tour" to convince Americans that the economy is howling

https://www.urban.org/urban-wire/state-u...-say-works

https://www.bloomberg.com/news/videos/20...l-squeezed

The stock market is in a bubble, currently propped up by the 'Magnificent 7' tech and AI companies

[Knows]

The stock market is is in a bubble, currently propped up by the 'Magnificent 7' tech and AI companies

The market normally should be in a bubble. But has multiplied by 2.5 times since Trump's 1st term. Maybe Trumps policies and the cleaning up of the corruption is the reason it has went up so much. 

I'm hoping for a crash to safely put more money in stocks. But with Trump in office I'm starting to believe it may double again. Yet they still claim the economy isn't doing well.  

[cherokeetroy]

The market normally should be in a bubble. But has multiplied by 2.5 times since Trump's 1st term. Maybe Trumps policies and the cleaning up of the corruption is the reason it has went up so much. 

I'm hoping for a crash to safely put more money in stocks. But with Trump in office I'm starting to believe it may double again. Yet they still claim the economy isn't doing well.  

The market is rigged 

The economy is artificially propped up

Money is debased

Middle class is being squeezed out

The government is still corrupt 

And Trump is gaslighting just like Biden did

[Knows]

BREAKING VIDEO: President Trump Says He Is Going To Disregard The Supreme Court's Unconstitutional Tariff Ruling, And That Their Pro-China Anti-American Action Will Only Make Him Fight Back Harder Against The Globalists' Attempts To Deindustrialize America!

[CriticalStinker]

The market normally should be in a bubble. But has multiplied by 2.5 times since Trump's 1st term. Maybe Trumps policies and the cleaning up of the corruption is the reason it has went up so much. 

I'm hoping for a crash to safely put more money in stocks. But with Trump in office I'm starting to believe it may double again. Yet they still claim the economy isn't doing well.  

What corruption is being cleaned up? He's pardoned more people for corruption than anyone being charged for it.

As for the market, if you're going off of just the stock market to grade his economic policy... That would give good grades to Obama and Biden too. That's why the stock market shouldn't be the sole indicator for a president's performance in regards to the economy. Wall St vs Main St.

Most American's don't see a benefit from the stock market in an immediate short term. Biden tried saying that he had a strong economy just because of the stock market, but we all know it wasn't strong. 

I think better indicators to show a strong economy for most American's would be purchasing power (USD vs other currency, and it's power at home), unemployment, pay increase vs inflation, home ownership, and default rates.

[putnam6]

The Gateway Pundit reposted

TMK
@themagaking

Justice Roberts: 

Obama can force every American to buy health insurance, and hit them with a “tax” if they refuse? 

YES. 

Justice Roberts: 
Biden can force federal workers to take a vaccine, even against personal beliefs, doctor advice, or religious objections? 

YES. 

Justice Roberts: 
Trump can impose reciprocal tariffs to level the playing field and help American workers? 

NO. 

Justice isn’t blind. 
For Roberts, it’s political.

[CriticalStinker]

 

The Supreme Court didn't rule against all the tariffs, just the blanket tariffs using the IEEPA as legal justification. 

The constitution is clear on who has the power to levy taxes and duties. It was written before income tax was widespread, back when the biggest source of revenue was tariffs. 

Since then, congress has passed provisions that give the president more flexibility to enact foreign policy agendas, especially when needing to be nimble for national security. But the IEEPA doesn't even have the word tariff in it, and the context of the whole law is for emergencies. 

Allowing a president to find loopholes in laws like this to supersede the constitution would set precedence. Someone from the left could come in and declare a national emergency to enact socialist or other policies that go directly against the constitution. 

Trump can still do targeted tariffs, just not blanket tariffs on the whole world. They're also not reciprocal, some of those countries have no tariffs on US goods. Australia has a trade surplus, and many other countries got targeted because they had a VAT (value added tax). VAT isn't a barrier for US goods, because they don't target US goods, they're a tax no different than sales tax. It would be like if a country started a trade war with the US because they didn't like that some states have a sales tax.

Some of these policies should be done. Trade should be negotiated, but it needs to be targeted, thoughtful and with a domestic plan to make sure it's effective. While everyone may hate that congress takes a long time to do things, or just doesn't do them, the idea is that you have state representation to protect your interests. The federal government isn't supposed to dictate everything for the whole country, remember state rights?

This probably wouldn't have been a big point of contention if it was clearly working. Hell, congress would probably codify it if it was. But right now people are upset that the president isn't more powerful than the constitution. That's a feature, not a bug.

[ANNEE]

What corruption is being cleaned up?

He's pardoned more people for corruption than anyone being charged for it.

Seriously ! ! ! 

What goes through someone's mind -- that they think Trump has cleaned up corruption?

He IS corruption.

[DBCowboy]

Seriously ! ! ! 

What goes through someone's mind -- that they think Trump has cleaned up corruption?

He IS corruption.

I thought you waited for a few years to determine that.  That was your excuse for Biden and Obama.

[cherokeetroy]

"Trump on the economy improving: "You'll start to see the results in a year from now"