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Shock court ruling on Trump tariffs

(86 Posts)
Wyllow3 Thu 29-May-25 15:43:02

Ah, its not the Supreme Court.

"Federal judges can only be removed from office through the impeachment process. The House of Representatives initiates impeachment, and the Senate tries the impeachment"

AGAA4 Thu 29-May-25 15:37:14

Pro Trump! Not probably.

AGAA4 Thu 29-May-25 15:36:32

If the court the appeal goes to is probably Trump, which it well may be, then he will get away with it.
I feel sorry for all those small businesses in the US who will lose out due to the tariffs. Well done to them for bringing this up.

Wyllow3 Thu 29-May-25 14:57:07

I turned to Fox News to get what is usually a pro Trump POV.

The judges weren't all "lefties"

"The case was heard by three judges: Timothy Reif, who was appointed by Trump, Jane Restani, named to the bench by President Ronald Reagan and Gary Katzman, an appointee of President Barack Obama."

Anyway, the Fox article gives clear indications of a "both sides" POV, showing substantial concern on tariff policies.

www.livenowfox.com/news/federal-court-blocks-trump-tariffs-under-emergency-powers-law

Wyllow3 Thu 29-May-25 14:51:27

Then the judges take it to the Supreme Court.....how much this is all costing the administration who promised cost cutting must be mind boggling.

Chocolatelovinggran Thu 29-May-25 14:44:14

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.

eazybee Thu 29-May-25 14:33:16

The sinister phrase is: it is "not for unelected judges to decide how to properly address a national emergency"

I believe in America Judges are appointed by a different system, and I wonder if these Judges will be summarily removed.

Wyllow3 Thu 29-May-25 14:08:30

I must admit I was shocked by this one.

He doesn't consult the relevant laws before he acts, seek legal and financial advice, above all, consider consequences.

He didn't even listen to large chunks of the business and financial community before his dramatic presentation in the rose garden when he put tariffs on penguins and had to climb down.

Its heartening however the judiciary are challenging him, and this time they seem to have substantial backing from Wall Street.

AuntieE Thu 29-May-25 13:51:22

Hardly, a shock, surely?

The court seems very rightly to have said that the President cannot just issue decrees, but has to go through the usual parliamentary channels when he wants to impose tariffs.

President Trump is supposed to be the president of a democracy, not the dictator of a tolitarian state, he obviously believes he either is, or should be.

The sooner the USA stops his dangerous behaviour the better, otherwise we, that is the rest of the world will need to if things get any worse.

By which I mean if he really thinks he can annex Canada or Greenland and tries to do so.

Wyllow3 Thu 29-May-25 13:42:04

NB - thanks to our recent negotiations with the US, it won't affect the UK greatly

"This latest twist in the Trump trade tariff drama has many people asking what it means for the UK's deal with the US.

The answer is actually not as much as you might think.
For a start, the tariffs that the US court has ruled illegal do not include those on cars, which make up the bulk of what the UK exports to the US, and steel and aluminium, which are the other UK industries most affected.

UK exports of cars are currently attracting 27.5% tariffs while steel and aluminium are hit with 25% tariffs - the same as every other country. Wednesday's ruling has not changed that.

Wyllow3 Thu 29-May-25 13:20:02

This is mind blowing stuff.

A US federal court blocks President Donald Trump's sweeping tariffs, in a major blow to his economic policies

Three judges rule that Trump overstepped his authority when he used an emergency law to impose tariffs on nearly every country.

BBC verify an hour ago.

"US government raked in billions after Trump tariffs
The US has collected more than $40 billion in border duties since tariffs took effect, according to the Department of the Treasury - a record amount.

If the White House's appeal against the ruling blocking many tariffs is not successful, a big chunk of that will need to be refunded.

As the chart below shows, April and May saw the level of duties collected hit at least more than double the average since 2020.

Duties on cars, aluminium and steel are not impacted by the ruling, but the sweeping so-called reciprocal tariffs unveiled by Trump - 10% across the board for most countries and 30% for China - have been rendered legally void.
If higher courts do uphold Wednesday’s ruling after the White House appeals, that could be a hefty bill for the US government.

Whats more - just look at this report from the timeline

*
The chart below shows how US investors have reacted positively so far to the court ruling on Trump’s tariffs*
Futures are agreements to buy or sell stocks at a set price in the future, so these movements provide an indication of what could happen when US markets open later today.

The Nasdaq-100, S&P 500 and the Dow Jones all rose after the announcement.

Trumps reaction

But moments after the ruling, the Trump administration said it is appealing because it is "not for unelected judges to decide how to properly address a national emergency" - and some tariffs levied under other laws are not impacted by the decision

The US is currently negotiating individual trade deals with dozens of countries - those talks have now been thrown into chaos.

www.bbc.co.uk/news/live/c2dekzjg6gzt