Really need to put “Emergency” in quote marks on that one. The only emergency there is a president who doesn’t understand basic economics.
News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
If the court rules against the president, it will nullify a major tool in Mr. Trump’s trade agenda. He has used the law under question, the International Emergency Economic Powers Act, or IEEPA, to impose tariffs on an estimated 29 percent of all U.S. imports, the Times analysis found. So far this year, these emergency tariffs have hit more than $300 billion in imported goods.
Not that I expect it to happen, but if they rule against him, what happens to the money the government has collected from illegal tariffs so far? Do they just keep it? Do they have to go through the books and return it to the importers? The costs were often absorbed by vendors at the start, but there's no question a large fraction have already been passed on to consumers.
I imagine that it would be a decision that just affects things going forward to avoid all of that.
I don't think it will matter. Not like he has listened to a thing a judge has told him in the last decade.
What i mean is he's yaking that money no matter what.
Not really. Donald can say whatever he wants, but there’s no emergency.
And if there were an emergency, it’s not clear that would give him authority to impose tariffs.
The graphs in this are terrible
LOL yeah honestly! they've outsourced graph making to kids in grade school.
Am I reading this right that the SC could cancel only the "Emergency tariffs" part?
That's the vast majority of tariffs he's enacted.
Note that most of that 46% is likely Canadian goods that fall under CUSMA. Which means most of that, if not all, is also "emergency" tariffs.
I suppose you could describe smashing it with a sledge hammer as "reshaping".
Lol
Lmao