The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.

  • Llamatron@lemmy.worldEnglish
    4·
    37 minutes ago

    As if that’ll stop the orange nonce.

    While him and his enablers suffer no consequences then he is defacto above the law

  • Redacted@piefed.caEnglish
    4·
    30 minutes ago

    So let me get this straight, the companies that raised their prices based on Trump’s tariffs get to apply for a refund with no requirement to lower prices and pass that refund on to the consumers by who actually had to pony up the money at the ‘cash register’ every day. Once again, corporations get an undeserved bailout while the American consumer gets shafted. Typical.

  • Gates9@sh.itjust.worksEnglish
    15·
    2 hours ago

    “They have made their ruling, now let us see them enforce it.”

    Now several companies will sue my government for damages.

    yaaaaay

  • LoafedBurrito@lemmy.worldEnglish
    1·
    33 minutes ago

    He ignored the court ruling, keeps all the tariffs in place AND he raises them 10% just because the supreme court made him angry.

    Think about how batshit crazy that is.

    Also, funny some of you think they will refund the money. That won’t happen because they will refuse to do it. Very simple for the EPSTIEN administration to just refuse legal orders. He’s immune by the same supreme court.

  • sobchak@programming.devEnglish
    23·
    3 hours ago

    At his White House news conference, Trump announced alternative options, including an immediate 10% global tariff.

    Lol, the US is a clown show.

  • Doomsider@lemmy.worldEnglish
    2·
    1 hour ago

    The Supreme Court sided with business over the US government. No surprise there. According to the law this whole action was illegal. I am surprised it was not unanimous and had three dissenters.

    Where in the fuck do companies get off thinking the tariffs, paid by consumer, is going to be refunded to them!?

  • DarkFuture@lemmy.worldEnglish
    11·
    3 hours ago

    So the Supreme Court finally found out what we all already knew?

    But a few of them clearly still haven’t gotten the memo?

    I mean I’m trying to be happy about this news, but it’s kind of just more proof how pathetic and corrupt our SC is.

  • ape_arms@lemmy.worldEnglish
    19·
    4 hours ago

    It doesn’t matter. Remember all those times when Trump & Co set a tariff percentage, then lowered it a few weeks later? I wonder why? Maybe somebody made a “donation” to his bitcoin account. He got what he wanted.

  • D_C@sh.itjust.worksEnglish
    493·
    5 hours ago

    Another illegal {insert thing here}?

    Oh, wow, is it time to arrest and charge?
    Or, will you do nothing just like the 7456 times the fat cunt broke your laws in the last year and you did fuck all?

    • NotMyOldRedditName@lemmy.worldEnglish
      2·
      1 hour ago

      I’m not sure something like this would ever have resulted in an arrest? Even in other countries?

      An impeachment and conviction and removal from office though should be in the cards, but obviously won’t be.

      • GoofSchmoofer@lemmy.worldEnglish
        6·
        3 hours ago

        “HAKEEM! get the paper! I’ll get the pen and meet me in the cafeteria for another ‘strongly worded letter’ writing session!”

        • FreddiesLantern@leminal.spaceEnglish
          3·
          3 hours ago

          At this point Chucks glasses were so far down his nose Hakeem knew it was about time the Baileys were about to show up in person.

          Would they be as concerned as Chumer? Find out this and more in the next thrilling episode.

    • sp3ctr4l@lemmy.dbzer0.comEnglish
      2·
      35 minutes ago

      So…

      … yeah…

      According to the Fed, as of early-mid Jan 2026, you’re looking at $287 billion dollars of total Trump tariff revenue.

      https://www.richmondfed.org/research/national_economy/macro_minute/2026/how_much_revenue_raised_by_tariffs_so_far

      Also, over the last year, into this one, the Treasury has been massively expanding its General Account, which is functionally the checking account of the Federal Government.

      Its around $900 billion right now.

      Normally its more like several hundred billion, 200 b, 300 b.

      Why is it so large right now?

      Well, because the Treasury (Bessent) has decided to just massively shift as much of the Gov’s debt refinancing as possible, over to… short term debt issuance, like, 1 Year T bills and even shorter duration notes.

      Like uh, just a few days ago, the Gov issued (refinanced) around $212 billion of debt.

      So yeah, we had a one day debt rollover that… rivals the entire size of the Treasury General Account basically pre-covid.

      Every 5 days (business week), the US Gov is refinancing roughly $600 billion of debt.

      … what I am trying to say is that even if the treasury were to somehow pay back around $300 billion of illegal tariff revenue…

      Well, that would take a while.

      Because the Treasury doesn’t have the margin to do that.

      … It could very well be the case that Fed would have to print money, to buy the T Bills, so the money in the TGA… could repay the … tariffs.

      That latest $212 billion rollover ?

      The Fed had to print, poof into existence, $8 billion of it. And thats without the Fed Gov trying to add another $300 billion into… some… kind of… payment plan?

      I don’t know man, I’m an econometrician by training, but… to my knowledge nothing comparable to this has ever happened before.

      This is not looking so good.

    • Lucidlethargy@sh.itjust.worksEnglish
      2·
      49 minutes ago

      Pay who back? All the citizens this administration fleeced?

      If corporations are paid back they aren’t going to give refunds to all of their costumers they directly forwarded these costs to.

      We all got fucked. Trump fucked us, as well as his own supporters.

    • can_you_change_your_username@fedia.io
      196·
      8 hours ago

      There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.

    • 3jane@piefed.caEnglish
      8·
      5 hours ago

      There’s always the chance Costco gives its customers something. They have records of everything purchased by members. Every other company, I wouldn’t hold my breath. These tariffs have cost companies a lot in paperwork as well.

      Maybe commercial clients who have bought something really substantial will get something refunded.

      That’s all if Trump’s government complies, which he’s previously said it wouldn’t. He’ll make another excuse or appeal it until he’s gone, making it someone else’s problem.