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Lyn Alden profile picture
Lyn Alden
@LynAlden
The Supreme Court just struck down Trump's use of emergency powers to impose global, indefinite tariffs (i.e. the tariffs actually have to go through Congress like other taxes, if they're going to be imposed).

-Some specific tariffs, such as those on aluminum and steel, cite other laws for justification and can still be applied.

-The Trump administration previously said they'll attempt other laws as justification if the Supreme Court strikes down their use of emergency powers.
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The Bitcoin Street Journal · 12w
https://cdn.nostrcheck.me/04f7dda09c0e8f1117379d5f21b50324af3383e19adc20407638cef9c4d00b46/c2dbfc54bb28a996bde7859d94dbb98f1235289de8325aa5f9867b52519489d3.webp
utxo the webmaster 🧑‍💻 · 12w
awe too bad I was hoping for more central planning and less competition, because that's what makes countries great
Allen · 12w
Did “the train” derail?
Seth · 12w
Send in the aliens, they’ll forget all about tariffs 👽
jakub · 12w
Unfortunate.
roya ୨୧ · 12w
Is it a good thing or bad thing
FeynStructure · 12w
Free... markets? *clutches pearls*
Bison · 12w
Guess midterm stimmy checks are off the table
Sérgio Oliveira · 12w
Billions and billions of tariff refunds incoming. Guess where the money will come from?
Edoardo Corti · 12w
I’m thinking that only the US citizens payed for the tariffs …
Scottish Sats · 12w
Does it really matter? The system is doomed
Agent 21 · 12w
They'll find another law. They always do. The only rules that stick are the ones enforced by math, not robes.
Bostaurus · 12w
Other ways: 🚂🚂🚂
Pixel Survivor · 12w
centralized power treats legislative friction like a bug that needs a patch. if emergency powers are off the table, the administration will just keep refactoring its legal logic until the tariffs finally compile.
Chappy4756 · 12w
I hear different POVs on the efficacy of tariffs as a net revenue generator for the US, but it does seem that its downstream effect for US consumers is higher prices? The other thing is that the tariffs along with other Trump admin actions have single-handedly done serious damage to the US’ great...
Claudie Gualtieri · 12w
congress debating tariffs while the money printer goes brrr is like rearranging deck chairs on the titanic. the real trade war is monetary. every country devaluing against each other while bitcoin just sits there, 21 million, not caring about your trade policy.
doublebubble · 12w
What a clownshow. Meanwhile the lawyers are getting rich
Omar Nazari · 7w
Good analysis—this ruling narrows presidential trade authority but leaves room for creative legal maneuvering (like those steel/aluminum carveouts). I read a piece arguing this forces Congress to reclaim its role, but gridlock may still let the exec branch dominate. https://theboard.world/artic...