Trade Wars and Tariffs

#6,502
#6,502
BeardedVol said:
Sauer is either a corn-fed moron, or he's just openly lying to the Supreme Court.

View attachment 787677


www.forbes.com

Trump Claims Tariffs Earned U.S. ‘Trillions Of Dollars.’ Federal Data Says Otherwise.

Treasury Secretary Scott Bessent has projected tariff revenue would reach $300 billion per year.
www.forbes.com www.forbes.com
Click to expand...

What else can he say? His problem is that if you define whether its a regulation by the incidental effect of taxes, you can justify ANY presidential action as "regulation."
 
#6,504
#6,504
FLVOL_79 said:
www.mediaite.com

Chief Justice Roberts Calls Trump’s Tariffs ‘Taxes on Americans’ While Grilling Admin Lawyer

“But, who pays the tariffs? If a tariff is imposed on automobiles, who pays them?” Roberts interjected, appearing skeptical of the Trump admin's argument
www.mediaite.com www.mediaite.com

Chief Justice Roberts Calls Trump’s Tariffs ‘Taxes on Americans"​


No sh!t.
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Looks like this could very well go 9-0 against the government. I could see Alito and Thomas writing concurrences suggesting what the administration should have argued.
 
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#6,505
#6,505
bamawriter said:
Looks like this could very well go 9-0 against the government. I could see Alito and Thomas writing concurrences suggesting what the administration should have argued.
Click to expand...
Gorsuch is having second thoughts about manufacturing executive powers out of thin air that aren't in the Constitution.

www.newsweek.com

Neil Gorsuch warns of president's growing power in Supreme Court hearing

The U.S. Supreme Court heard arguments Wednesday over President Donald Trump’s sweeping tariffs.
www.newsweek.com www.newsweek.com

Probably too late for him and the rest of us.
 
#6,506
#6,506
bamawriter said:
Looks like this could very well go 9-0 against the government. I could see Alito and Thomas writing concurrences suggesting what the administration should have argued.
Click to expand...
it won't be the first time, and sadly it probably won't be the last.

and remember some chicken littles said that the Supreme Court was going to let Trump do whatever he wanted.
 
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#6,507
#6,507
#6,511
#6,511
FLVOL_79 said:
www.mediaite.com

Chief Justice Roberts Calls Trump’s Tariffs ‘Taxes on Americans’ While Grilling Admin Lawyer

“But, who pays the tariffs? If a tariff is imposed on automobiles, who pays them?” Roberts interjected, appearing skeptical of the Trump admin's argument
www.mediaite.com www.mediaite.com

Chief Justice Roberts Calls Trump’s Tariffs ‘Taxes on Americans"​


No sh!t.
Click to expand...

Yeah, that is one guy that is confused on taxes to start with. With that said, I would not be surprised by a negative outcome.

Congress continues to fail at their job decade after decade.
 
#6,513
#6,513
NorthDallas40 said:
Well hey it took him a few years but he finally figured it out!
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Oh I’d guess Trump will take it as a challenge and double down on tariffs honestly. But it will be glorious to watch world leaders give him the finger in response while holding up a copy of the ruling.
 
#6,514
#6,514
NorthDallas40 said:
Oh I’d guess Trump will take it as a challenge and double down on tariffs honestly. But it will be glorious to watch world leaders give him the finger in response while holding up a copy of the ruling.
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I think if the admin is smart the could use a ruling against the tariffs to put some serious pressure on congress to do their damn jobs.
 
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#6,516
#6,516
hog88 said:
I think if the admin is smart the could use a ruling against the tariffs to put some serious pressure on congress to do their damn jobs.
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There are other statutory tariffs that can be used if I remember correctly, but they are more limited. The admin could possible go the sanction route, but that also gives less ability to fine tune.
 
#6,521
#6,521
BigOrangeMojo said:
Very skeptical that those partisan hacks Thomas and Alito will rule against Trump...
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I think you’re right but if they do that would be a final indicator of just how huge of an executive over reach f$&@up this was. A 7-2 ruling would still send a very clear message to anyone who knows the history of the justices.
 
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