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What’s at stake for markets as the Supreme Court gets ready to hear Trump tariff arguments
“traffics are taxes…….Chief Justice John Roberts https://msnbc.com/the-last-word Lawrence O’Donnell’s The Last Word exposes the lies in this administration. American citizens are actually paying the tariffs, not the importing countries. No wonder food, housing, and everything else are getting much more expensive than that of the previous administration.
Just my opinion but if the supremes give regime a pass on his tax scheme they might as well call it GAME OVER for democracy, the rule of law and the constitution. Nothing left to do except to schedule the coronation and hand him his crown. But hey, doesn’t king sound somehow nicer than dictator?
i dont see scotus ruling much more than a loyalty test.
trump has several paths to implement tariffs, or effective equivalent. but all those options are binding and more serious, and trump will lose his ability to make daily tariff threats & changes based on bribes and ego.
in the case scotus rules against trump AND mandates tariffs refunded, trump will delay and grudgingly implement another option to retain the trump tariff tax. but can even this disrupt this market momentum? stupider economic policy has been unable to.
I predict that SCOTUS will adjust the circumstance such that they delay their ruling pending a change in logic and laws that the President's lawyers use as a reason for the tariffs. I'll go further. I expect a SCOTUS write up that clearly outlines what the conservatives want to see as an argument in order to let the tariffs stay put. In fact, I they might practically write the argument for him.
Comments
trump has several paths to implement tariffs, or effective equivalent. but all those options are binding and more serious, and trump will lose his ability to make daily tariff threats & changes based on bribes and ego.
in the case scotus rules against trump AND mandates tariffs refunded, trump will delay and grudgingly implement another option to retain the trump tariff tax.
but can even this disrupt this market momentum? stupider economic policy has been unable to.