Shock court ruling on Trump tariffs

I reckon the stock markets/financiers as well as businesses especially small ones and people facing tariff price rises must be pretty fed up with yet more "will he won't he how much"

Most are raking in from profits from this carefully designed chotic fake tarrif war that is nothing less than a stock market game for those understanding how to ride the wave. In the end, the U.S. will come out ahead but it will take a generation to reap the profits of this teasing game. Orange man is not deliberating on his own. He is elected and fulfilling his promises made to those who put him on the pedastal. He spent 4 years on this plan and is unstoppably carrying out the democratic will of the people. The people with $$$

What people dont understand is that his strategy is to operate with enormous speed. By the time the red tape and judicial system are able to write up which laws are broken, he has already moved on to the next move in the playbook. He is geniously running circles around the whole foundation and they have no chance of stopping a single one of his intentions. It is not 1930. This is 2050. All old school politicians, governments, 19th century stoic relationships are now obsolete and quite pitiful.

Hmmm allowing a convicted Felon to challenge the law is a little like putting a toddler in charge of a sweetie shop or in this case a bulldozer - he'll probably get his way as he has no respect for anyone other than himself

Chocolatelovinggran

I feel that the " National Emergency " is that an idiot is in the White House..
On a serious note, I share eazybee's conviction that these judges will find themselves summarily dismissed.
Mr Trump has a taste for revenge- taking.

Agree. I think he has dementia and is behaving irrationally. His fellow Republicans are propping up his presidency. It's even more worrying when you know he could have his hand on the nuclear button. Trump needs to be removed but JD Vance, his would-be replacement, is an idiot. What are the American people going to do? I dispair because most in power only think of keeping their positions.

Look up the 3 pillars of democracy. The judiciary is there to make sure that the legislature and the executive (Trump) don't overstep their powers. IMHO the judiciary should not be elected ie political. The 3 are there t o to counterbalance each other so.you don't end up.with a dictator having all the power. Absolute power corrupts absolutely which seems to be the path Trump.is on.

It is the speed and uncertainty that is damaging the economy however. At one end of the scale it's about financial market confidence at the other its food and goods costs and how small businesses "Mom and Pop" outlets will fare.

Abroad, the EU/other areas sees little point in sitting down with Trump unless it's all clearer. Less orders for US goods as who knows what will happen? Pressure to make things and not US import. Tesla sales have gone down 49% in the EU.

Internally the confusion makes matters worse
(quotes from CNN)

"The back and forth is confusing enough for any retailer trying to do business, especially when they have to plan weeks or even months in advance.

“It’s kind of a ping pong back and forth. We’re trying to understand what’s on, what’s off. So it’s very difficult for retailers to try and plan ahead,” said Gold.

As retailers sit confused, fewer containers are headed for America’s ports. The 30% tariff on China was already proving too costly for many retailers to bring more inventory into the United States, according to Gene Seroka, executive director of the Port of Los Angeles. About 45% of the port’s cargo comes from China.

Those that can afford the cost are shipping already-manufactured products, but no new factory orders are being placed, he said.

“With the whipsaw effect of information that continues to come out on trade policy and tariffs – many continue to take the wait and see approach,” Seroka told CNBC on Thursday.

Container ships and products - "We still have 10 cancelled sailings of scheduled vessel arrivals for June – half of those are in the first week,” Seroka said. “So we are not seeing an uptick like some observers had called for or a big surge. It’s a moderate uptick to catch up to where we were.”

Retail "There’s probably not going to be an issue with empty shelves, but I think there will be additional costs being potentially passed on to consumers, because what we’re seeing is all this uncertainty has a cost,” said Daniel Hackett"

A number of large retailers, such as Walmart, Home Depot and Target, have already said they will increase prices to mitigate the impact of tariffs

Well at least its Musk's last day - and I hope someone more level headed is put in charge of the chaos of DOGE for the sake of all.

When will they learn - sudden, unplanned, no consultations - is not good. It feels like play in the sandpit, where castles are built, knocked down, and rebuilt with the next round of kids.

Delene100

Chocolatelovinggran

I feel that the " National Emergency " is that an idiot is in the White House..
On a serious note, I share eazybee's conviction that these judges will find themselves summarily dismissed.
Mr Trump has a taste for revenge- taking.

Agree. I think he has dementia and is behaving irrationally. His fellow Republicans are propping up his presidency. It's even more worrying when you know he could have his hand on the nuclear button. Trump needs to be removed but JD Vance, his would-be replacement, is an idiot. What are the American people going to do? I dispair because most in power only think of keeping their positions.

I imagine a great many people are going to go to their Republican representatives at lower levels, but its taking time to go up the food chain to senators:

in the meantime however attempt to play the judiciary cases both delays and untold taxpayers expense. more for the haves in this "I'll sue you" culture (including no doubt lawyers) and less for the have nots.

Trump IS the national emergency?

Good, it's about time he was brought down a peg or two. But what's the betting he is stamping his feet and having tantrums

Not on X. check it out, tariffs no mention, see what is (bigly self glorification our wonderful military, prices going down (?) , wonderful trip to Saudi, he alone persuaded India and Pakistan to peace, a nasty democratic dissed person in wheelchair....you get the gist.

And then there is the strange follow up to his golden gifted plane. Apparently it wasn't a gift at all, and he won't get it until he admits this? So much nonsense.

Flutterby345

Look up the 3 pillars of democracy. The judiciary is there to make sure that the legislature and the executive (Trump) don't overstep their powers. IMHO the judiciary should not be elected ie political. The 3 are there t o to counterbalance each other so.you don't end up.with a dictator having all the power. Absolute power corrupts absolutely which seems to be the path Trump.is on.

Well on the campaign trail he promised all the MAGAs that he would be a dictator and they all clapped and cheered. So this is what they wanted. They are under the delusion that the money he "saves" will be given back to them when in fact, they will be a lot worse off.

Strange that every other President, from Reagan, has been allowed to set tariffs, with no restrictions.
These far-left loons in the corrupt judiciary will try anything to try and show that Trump's proven methods of negotiating MUST fail.
It's no different in the UK, except that there, the Commy PM directs the judiciary. Videos prove it.

Chazz01 no one has said there should never be tariffs - it how they have gone about it, surely?

I took forward to any valid video evidence of UK "commy" judiciary.

Or indeed any light thrown on what is "commy"....

Wyllow3

Or indeed any light thrown on what is "commy"....

Reds under the beds, I think.

Our PM is nowhere ear a “ commy” Chazz01.
Don’t know where you get that unusual idea from . Care to elaborate and back up your statement?

Ronald Reagan 1987:

You see, at first, when someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs. And sometimes for a short while it works – but only for a short time. What eventually occurs is:

First, homegrown industries start relying on government protection in the form of high tariffs. They stop competing and stop making the innovative management and technological changes they need to succeed in world markets.

And then, while all this is going on, something even worse occurs: high tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition. So, soon, because of the prices made artificially high by tariffs that subsidise inefficiency and poor management, people stop buying.

Then the worst happens: markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs.

pearsonblog.campaignserver.co.uk/president-reagan-on-tariffs/

Whitewavemark2

I reckon what will happen is that it will go to the Supreme Court and as they have been put into place by Trump, will overturn the judgement.

This is likely, but Trump is doing his best to slam the Judges and the legal profession, called them all Scum on Memorial Day, and today ( Fri) called a major Conservative helper / friend ( Leonardo Leo) to those Far right Judges on the Supreme Court a ‘Sleazebag’ … so I am wondering if he has gone too far in skipping over so many Laws, etc, that they MAY uphold the law on this one when it reaches them? After all it’s their own fault they gave him “ immunity for illegal acts “ …so they are hopefully reaping what they sowed?
If they don’t take a stand soon, he will walk all over them and decide they are no longer needed!

Chazz01

Strange that every other President, from Reagan, has been allowed to set tariffs, with no restrictions.
These far-left loons in the corrupt judiciary will try anything to try and show that Trump's proven methods of negotiating MUST fail.
It's no different in the UK, except that there, the Commy PM directs the judiciary. Videos prove it.

You have to be a ‘Reform’ voter.. 🤮

Sanmrbro

Trump IS the national emergency?

Quite!

suelld

Chazz01

Strange that every other President, from Reagan, has been allowed to set tariffs, with no restrictions.
These far-left loons in the corrupt judiciary will try anything to try and show that Trump's proven methods of negotiating MUST fail.
It's no different in the UK, except that there, the Commy PM directs the judiciary. Videos prove it.

You have to be a ‘Reform’ voter.. 🤮

I think Chazz01 may be in the USA.

Wyllow it’s absolutely correct Donald Trump doesn’t care about judges because the highest court in the land is stacked by himself. Having said that the whole thing is getting pretty bad or has gotten ridiculous and remains that way. I have been wondering when someone would reign him in or at least attempt to. Did you all see the speech he made at West Point graduation where he went “off” and talked about Trophy Wives made me wonder if he forgot that he has what he referred to as a trophy wife- you just could not make these things up and currently my heart goes out to the family of the killers of George Floyd because they’re worried that Trump will pardon the cop that did this? Watch this space I guess!