He will no longer be able to (easily) destroy the economy with his daft tariffs and the Supremes are helping the GOP with the affordability crisis. We knew they would, right?
President Donald Trump paid a price for going it alone on tariffs — with the Supreme Court on Friday delivering a rare rebuke by ruling he lacked the power to declare an economic emergency and launch sweeping new taxes on imports.
Trump had made tariffs the bedrock of his economic pitch to voters going into the midterm elections, even describing tariffs as his “favorite word in the dictionary.” He promised that factories would relocate from overseas and bring jobs with them, and he warned that losing the tariffs could plunge the U.S. into a deep recession.
But Friday’s ruling will most likely prolong political and economic chaos over international trade through the election year.
Trump called the decision “a disgrace” after he was handed a note informing him of the Supreme Court decision during a private meeting with several governors, according to two people with knowledge of the president’s reaction who spoke on the condition of anonymity. Another person, who was briefed on the conversation, disclosed that Trump said he has “to do something about these courts.”
Lol. He practically birthed this entire Court.
They knew this was probably coming and they’re prepared to use some other authorities so he’s not going to give up easily. He loves his tariffs. They are his One Big Economic Idea and he doesn’t really know what else to use as a threat, his only method of negotiation. (Well, there IS the military…. looks like Iran will be the new paradigm for that technique.)
Stay tuned. This should get interesting.
Update: He’s very upset and whining like a little bitch:
Waaaah!!! Now the gloves are off!
He said “The Supreme Court’s ruling on tariffs is deeply disappointing, and I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for our country.” That would include two of the ones he appointed, Gorsuch and Barrett.
They did him a favor.His tariff scheme is an epic failure. If he’s just take the L, he’d be a lot better off. But he won’t. He’s determined to add on a bunch of new tariffs under different authorities and throw the economy into further chaos.
This is the problem with someone who can’t ever admit he was wrong.
Update II:
You cannot make this shit up: