Trade Wars and Tariffs

Thanks Karen. Whining about the editing for an Ad is right on par for you. I’m guessing you never had a problem with Trump’s campaign Ad’s that were complete BS.
To be fair have you ever seen a campaign ad that wasn't complete BS?
 


The US has not collected $800 billion in tariff "revenue" that is the estimated collection over a 10-year period if the import taxes stay in place, as provided by the CBO.


For the fiscal year of 2025 $215 billion in import taxes have been collected.
 
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November 5, 2025

The U.S. Supreme Court is scheduled to hear oral arguments on November 5, 2025, in consolidated cases challenging President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping global tariffs. These tariffs, declared under multiple national emergencies, target imports from countries like Canada, Mexico, and China, with rates up to 50% on certain goods. Challengers—including small businesses, toy companies, and Democratic-led states—argue that IEEPA does not authorize tariffs, which are a form of taxation reserved for Congress under the Constitution.

A federal appeals court ruled in August 2025 that the tariffs overstepped presidential authority, but they remain in effect pending the Supreme Court's decision, which could come by June 2026. The hearing tests the limits of executive power in trade policy and could impact trillions in revenue and ongoing trade negotiations.

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So... will SCOTUS overturn Trump's tariffs or will it provide the Executive Branch with yet more power?
 

Ironic coming from a man who turned a $5 billion dollar hedge fund into $577 million in 5 years.
 
Ironic coming from a man who turned a $5 billion dollar hedge fund into $577 million in 5 years.
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November 5, 2025

The U.S. Supreme Court is scheduled to hear oral arguments on November 5, 2025, in consolidated cases challenging President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping global tariffs. These tariffs, declared under multiple national emergencies, target imports from countries like Canada, Mexico, and China, with rates up to 50% on certain goods. Challengers—including small businesses, toy companies, and Democratic-led states—argue that IEEPA does not authorize tariffs, which are a form of taxation reserved for Congress under the Constitution.

A federal appeals court ruled in August 2025 that the tariffs overstepped presidential authority, but they remain in effect pending the Supreme Court's decision, which could come by June 2026. The hearing tests the limits of executive power in trade policy and could impact trillions in revenue and ongoing trade negotiations.

###

So... will SCOTUS overturn Trump's tariffs or will it provide the Executive Branch with yet more power?

Hopefully they will rule tariffs require congressional approval.
 
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