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Might Tariffs Get “Overturned”?


by Barry Ritholtz

Might Tariffs Get “Overturned”?

Somebody’s paying the tariffs. Looks like it’s you.

Comments

  • edited August 1
    Good catch, @Mark.

    "The 11 jurists appeared to be skeptical of the government’s arguments ...."

    So most? all? of the court is hearing it? That should mean the scenario of the three-judge panel, two of which are Trumpers, is off the table, and it's more likely the case could be decided on the merits.

    On the merits, the Dumpsters are losers.
  • edited July 31
    It will undoubtedly be taken by Trump to his "Supreme" Court:

    "THIS SUPREME COURT IS THE BIGGEST, BEST AND MOST SUPREMEST COURT IN THE HISTORY OF THE UNITED STATES, and IT'S ALL MINE !!!)
  • FWIW, I've been very interested in this case since it was filed and slowly worked it's way up the chain. My guess is that it's going to be Roberts's call, and he is unpredictable as far as I'm concerned.
  • I would like to see this turned around for the sake of 'rule of law', and many other reasons.

    LAST for tonight. SOON the U.S. will be surrounded by the TARIFF curtain. 42 minutes.

  • Barry Ritholtz does a great job describing the lay of the land.
    The following WSJ article provides details from today's case in the U.S. Court of Appeals for the Federal Circuit.

    https://www.msn.com/en-us/money/markets/the-rough-day-in-court-for-trump-s-tariffs/ar-AA1JGDZJ
  • beebee
    edited August 1
    Trump has Options:

    image
  • Wow. Section 338 is surely heading our way next. Talk about "vague"... "Discrimination against US commerce" could mean anything that he wants it to. And how would you even begin to challenge that in a court?
  • edited August 1
    Thanks for the additional info, @Bee. The issue could be in the courts for years, apparently.
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