Supreme Court ruled on Friday that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed
On Friday, the U.S. Supreme Court ruled that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed. Trump had used the act to charge huge levies on countries, including 50% on India, which was later reduced, and 34% on China.
By Friday night, the president posted on Truth Social that he signed an executive order enabling him to bypass Congress and impose a 10% tax on imports from around the world. “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately,” Trump wrote.
Less than 24 hours later, Trump said he was bumping up the tariffs to 15% “based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday.”
He is, for some stupid fucking reason, allowed to impose tarrifs for 150 days.
Then it goes to congress to vote on whether to keep them, and they likely won’t.
What a fucking asshole
You mean the same Republican-dominated congress that has basically given him handjobs every time he breaks a fucking law and does something that is actually under the direction of congress? The same Republican-dominated congress that has essentially abdicated any responsibility to govern at all? I’m skeptical, but I hope you’re right.
For real, this is another mask-off moment. He had played up the tariffs as a game to push other countries around, but clearly and literally the only reason he is doing this is because he’s pissed off at the Supreme Court. It has fuck-all to do with other countries because it’s the same rate, worldwide, with no room for negotiations. He’s supposed to be this great negotiator of trade deals with other countries, yet he’s blowing up every single potential trade deal with a flat 15% worldwide because he’s pissed off at people in his own government.
If people can’t tell that he doesn’t give a flying fuck about anything except pushing people around, doesn’t matter who or about what, they’re fucking idiots. He’s just a cruel fucking asshole, like you said.
I’ve been spending more time on Facebook, to get sort of a bead on the general consensus. Even accounting for bots, there are a lot of fucking idiots in this country.
Where does the 150 days come from? FFS, we had nearly a full year before SCOTUS struck down the shit he started last year.
The 150 day limit is part of the law he is citing to justify this set of tariffs.
The Trade Act of 1974.
WTF, that allows Krasnov to raise consumer prices no matter what.
Only up to 15% and only for 150 days. After that Congress has to approve an extension.
That being said… I don’t know if there is any actual codified safeguard in it to prevent him from just stopping it and starting a new set again. I haven’t looked at the exact wording.