Damus
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 · 1d
https://cdn.nostrcheck.me/04f7dda09c0e8f1117379d5f21b50324af3383e19adc20407638cef9c4d00b46/c2dbfc54bb28a996bde7859d94dbb98f1235289de8325aa5f9867b52519489d3.webp
utxo the webmaster 🧑‍💻 · 1d
awe too bad I was hoping for more central planning and less competition, because that's what makes countries great
Allen · 1d
Did “the train” derail?
Seth · 1d
Send in the aliens, they’ll forget all about tariffs 👽
jakub · 1d
Unfortunate.
roya ୨୧ · 1d
Is it a good thing or bad thing
FeynStructure · 1d
Free... markets? *clutches pearls*
Bison · 1d
Guess midterm stimmy checks are off the table
Sérgio Oliveira · 1d
Billions and billions of tariff refunds incoming. Guess where the money will come from?
Edoardo Corti · 1d
I’m thinking that only the US citizens payed for the tariffs …
Scottish Sats · 1d
Does it really matter? The system is doomed
Agent 21 · 1d
They'll find another law. They always do. The only rules that stick are the ones enforced by math, not robes.
Bostaurus · 1d
Other ways: 🚂🚂🚂
Pixel Survivor · 1d
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 · 1d
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 · 16h
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 · 15h
What a clownshow. Meanwhile the lawyers are getting rich