Trade Wars and Tariffs

[Delmar]

Oh yeah, tantrum is incoming.

It’s already happening in a meeting with governors this morning. Explosion is a kind word.

 

[Thunder Good-Oil]

USMCA is outside of all this.

China has been targeted. There will be other ways to push back on their BS.

As far as I can tell, the SCOTUS decision is only related to new 2025 tariffs imposed by Trump. The retaliatory tariffs. The administration will exploit other means. I think that economic embargoes have always been in play if DT elects to go scorched earth.

 

[BeardedVol]

Why shouldnt the consumers get the refunds? The court basically called it a tax , right? The consumers paid , so the refunds should go to us. The sellers already got their money and the odds of much in the way of falling prices in the future seems very low at best.
So when will the tariff checks be mailed? Call your congressman.

You know what the beauty of these tariffs mean for the consumer? Companies now know that you will purchase the product at a higher price, and while they will get a refund on the tariff, the vast majority won't decrease the price of their products, and we all get to continue to pay higher prices in spite of the tariffs going away.

This is the same thing that happened with domestic competition for tariffed products, they could raise their prices. and the consumer has no choice but to pay more whether it's an import or domestic.

 

[Thunder Good-Oil]

Oh I’m good slick. Do you need a welfare check though? Having a really rough day I know with the SCOTUS ruling and absolutely trash 2025 GDP numbers.

Trash? Wasn’t it still around +2%. Not exactly a recession.

 

[NorthDallas40]

Trash? Wasn’t it still around +2%. Not exactly a recession.

It was the worst since the suicide of the 2020 GDP so yeah it was trash.

 

[SayUWantAreVOLution]

The State of the Union is going to look like a GG Allin concert.

You owe me a detailing bill. I spit coffee all over my wife's dashboard.

 

[bamawriter]

You owe me a detailing bill. I spit coffee all over my wife's dashboard.

Ha.

I wasn't sure how many posters would get that reference.

 

[TN Ribs]

The State of the Union is going to look like a GG Allin concert.

Automatic "like" for the GG Allin reference.

 

[Thunder Good-Oil]

It was the worst since the suicide of the 2020 GDP so yeah it was trash.

But not too bad when cuts in government spending reduced it by about a third. And then there’s been the crackdown on illegal immigration. So I wouldn’t label it as trash. We’re still growing.

 

[jmacvols1]

 

[jmacvols1]

But not too bad when cuts in government spending reduced it by about a third. And then there’s been the crackdown on illegal immigration. So I wouldn’t label it as trash. We’re still growing.

Gov't spending propped up GDP under Biden. Trump is reprivatizing the economy with private sector leading growth instead of the gov't.

 

[NorthDallas40]

But not too bad when cuts in government spending reduced it by about a third. And then there’s been the crackdown on illegal immigration. So I wouldn’t label it as trash. We’re still growing.

Trust me I know you wouldn’t label it as trash

 

[NorthDallas40]

Ha.

I wasn't sure how many posters would get that reference.

I had to google. And I think you’re probably right on target

 

[NEO]

Whether you agree with the decision or don’t, Roberts is a hack.

Goes completely against his validation for ruling in favor of the ACA.

Man is clearly bought and corrupt.

 

[hog88]

Whether you agree with the decision or don’t, Roberts is a hack.

Goes completely against his validation for ruling in favor of the ACA.

Man is clearly bought and corrupt.

Yep, someone needs to dig into that guy. At least ask him some serious questions about the conflicting rulings.

 

[MontyPython]

He’ll have a work around in place.

Oh you mean something that actually comports with the law? Well why didn't he do that in the first place.

Mhhmmm.

 

[Rickyvol77]

Yep, someone needs to dig into that guy. At least ask him some serious questions about the conflicting rulings.

Usually if they hand down a "anti-Trump" ruling, it's because they are about to announce one the MSM and left will denounce (they did this with Trump immunity and Roe vs Wade rulings too)

My gut is they will rule against the illegal gun laws in the blue states OR will rule against gerrymandering districts by race

 

[MontyPython]

Interesting issue is whether the companies that upped their prices to pay for the tariffs, thereby passing them on to the consumers, get to keep the refunds. I cannot think of a mechanism that forces them to pay it back to the consumers.

We all got taxed. The companies now get the windfall. We just paid higher prices for no reason. Good job, Donnie.

Technically if the companies that imported products raised their prices commensurate with the amount of tariffs that they had to pay, they receive no windfall profits at all. In this case the burden fell solely on the shoulders of American consumers.

Given that the SCOTUS ruled that Trump's action was illegal, are they now forced to issue refunds from a legal perspective?

 

[Thunder Good-Oil]

Oh you mean something that actually comports with the law? Well why did he do that in the first place.

Mhhmmm.

He simply ran with the wrong legislation. Read Clarence T’d dissent.

What has the administration done with tariffs that the other 6 relevant sections won’t permit?

 

[MontyPython]

On social media, the left is all giddy over the USSC ruling and liberal media is stoking it.....another fail incoming for the left

Damn I want some of the **** you're smoking bro.

Mind altering stuff.

 

[MontyPython]

He simply ran with the wrong legislation. Read Clarence T’d dissent.

What has the administration done with tariffs that the other 6 relevant sections won’t permit?

Again, if this were actually a thought out policy, why didn't Trump run with these other alternatives instead from the beginning?

(Answer: he was able to impose these tariffs unilaterally without congressional input)

 

[NorthDallas40]

Whether you agree with the decision or don’t, Roberts is a hack.

Goes completely against his validation for ruling in favor of the ACA.

Man is clearly bought and corrupt.

I agree he’s a hack when you contrast the ACA ruling. I really hope he isn’t bought and corrupt

 

[NorthDallas40]

Oh you mean something that actually comports with the law? Well why did he do that in the first place.

Mhhmmm.

Oh I wouldn’t go that far

 

[Thunder Good-Oil]

Again, if this were actually a thought out policy, why didn't Trump run with these other alternatives instead from the beginning?

(Answer: he was able to impose these tariffs unilaterally without congressional input)

Since Congress had approved the other sections, the tariff decisions wouldn’t be unilateral?

 

[NorthDallas40]

SCOTUS ruling festivus season is upon us. The airing of grievances has begun!

Trump responds to Supreme Court ruling rejecting sweeping tariffs powers: 'A disgrace'

President Donald Trump reportedly slammed the Supreme Court's ruling that he does not have the authority to impose tariffs under the IEEPA.

www.foxnews.com