BREAKING — Supreme Court rules Trump’s emergency tariffs ILLEGAL

[The_Waco_Kid]

Originally Posted by Yssup Rider

This discussion isn't about trade. It's about Trump violating the fucking law, again.

it is about trade. and tariffs are part of trade. Nixon used the same act to impose tariffs and it was upheld by the Supreme Court of the day. nothing illegal about it then or now.



why would you or anyone else want to see US international trade hampered by unfair foreign tariffs that are out of date by decades? WWII is long over. why allow it now? Why?

[Levianon17]

Originally Posted by Yssup Rider

Maybe now, the fat fuckin felon fascist can tie credit for bringing down prices, seeing how he’s a major reason they went up.

He’s on the run.


https://www.bbc.com/news/live/c0l9r6...c6c52837a#post

They'll stay the same you can bet on it.

[HDGristle]

Originally Posted by The_Waco_Kid

it is about trade. and tariffs are part of trade. Nixon used the same act to impose tariffs and it was upheld by the Supreme Court of the day. nothing illegal about it then or now.



why would you or anyone else want to see US international trade hampered by unfair foreign tariffs that are out of date by decades? WWII is long over. why allow it now? Why?

Nixon used TWEA in 1971. Specfifically Section 5(b). Not IEEPA. His use of it led to Congress passing a 150 day limit in 1974.

IEEPA didn't become law until 1977. So no, he didn't use the same act. Your command of the facts has failed you... again. IEEPA has never been understood, by law, to grant authority to impose tariffs.

[rooster]

Originally Posted by Yssup Rider

This discussion isn't about trade. It's about Trump violating the fucking law, again.

Yeah, he didn't even bother to read what he posted....

Originally Posted by The_Waco_Kid

...
The Supreme Court’s decision to strike down President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs is a welcome victory for constitutional governance and the rule of law....

.

[The_Waco_Kid]

Originally Posted by HDGristle

Nixon used TWEA in 1971. Specfifically Section 5(b). Not IEEPA. His use of it led to Congress passing a 150 day limit in 1974.

IEEPA didn't become law until 1977. So no, he didn't use the same act. Your command of the facts has failed you... again. IEEPA has never been understood, by law, to grant authority to impose tariffs.

is it?

• The Action: On August 15, 1971, as part of his "New Economic Policy" to address a balance-of-payments crisis and protect the U.S. dollar, President Nixon imposed a
• supplemental duty on most imports.
• The Legal Conflict: Although many sources and subsequent court rulings characterize this action as an exercise of TWEA authority, historical analysis indicates that Nixon's administration intentionally avoided citing TWEA. The administration preferred to frame the action under international trade law (specifically the General Agreement on Tariffs and Trade) to avoid the diplomatic implications of designating nations like Japan as "enemies".
• Judicial Legacy: In the landmark case United States v. Yoshida International, Inc., the U.S. Court of Customs and Patent Appeals upheld the surcharge, reasoning that TWEA did grant the President power to regulate imports during national emergencies. This judicial interpretation led to the widespread (though historically contested) belief that Nixon had successfully utilized TWEA to implement these tariffs.
• Shift to IEEPA: The confusion and legal challenges surrounding the use of TWEA during this period influenced Congress to pass the International Emergency Economic Powers Act (IEEPA) in 1977. This act was designed to limit TWEA to wartime use and create a clearer framework for the President to exercise emergency economic powers during peacetime

Nixon's authority under TWEA was upheld and led to IEEPA



The International Emergency Economic Powers Act (IEEPA) is a 1977 federal law authorizing the President to regulate international commerce during declared national emergencies involving threats from outside the U.S
.


the Supreme Court did not rule IEEPA doesn't grant the president the power to regulate commerce it ruled there was no valid emergency.

[The_Waco_Kid]

Originally Posted by rooster

Yeah, he didn't even bother to read what he posted....



.

the quote came from the CATO institute article i posted. and i did read it.


"The Supreme Court’s decision to strike down President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs is a welcome victory for constitutional governance and the rule of law. But anyone hoping this spells the end of the administration’s tariff spree should think twice. Even without IEEPA, the president retains ample statutory authority to quickly recreate much of the current trade policy chaos."

https://www.cato.org/blog/supreme-co...-champagne-yet

[rooster]

Well...

If you say so!

(especially the part where they were ruled illegal!)

.

[HDGristle]

Thanks for confirming that TWEA isn't IEEPA and IEEPA isn't TWEA, Waco.

I knew that, but what's important is that you now know that too.

Since we also know that IEEPA grants no authority to implement tariffs, you have helped prove your statement to be false. He 100% didn't use the same act as Nixon.

I love it when a plan comes together. You can't strawman your way out of this

[elghund]

Originally Posted by The_Waco_Kid

it is about trade. and tariffs are part of trade. Nixon used the same act to impose tariffs and it was upheld by the Supreme Court of the day. nothing illegal about it then or now.



why would you or anyone else want to see US international trade hampered by unfair foreign tariffs that are out of date by decades? WWII is long over. why allow it now? Why?

Pretty funny how you tie Nixon and Trump together….the two worst and most criminal Presidents in our country’s history………glad to know you recognize this.

Both fucked around way too much with this tariff bullshit.

elg…..

[Lucas McCain]

I thought it was funny how Pritzer sent Trump a $8.68B bill for Illinois so quickly... that's the thing about Trump and his retarded sheep about these tariffs, all they do is gloat about the revenue and never say shit about the cost. Just curious, has anybody ever seen a P&L or Income Statement that only includes revenue? I haven't and I make my living diligently dissecting 3 statement financials but for some reason, I have never seen a balance sheet, income statement or CFO statement that does not include expenses.

One thing that a Trump supporter with any decency should be ashamed of is Trump's childish below the belt insults directed at those he appointed for not voting in his favor. They should hold their heads up proudly for doing their job while knowing that senile old cunt was going to take it as a cardinal sin to go against him. I hope their efforts will lead others in positions of power to do the right thing by doing their damn job for the people of this country and not being a disgrace by just going along with whatever Trump's rotting warped mind desires.

[ICU 812]

OK . . .so what is next?

[pxmcc]

yikes..

https://www.barrons.com/livecoverage...IKUUbPviYhfAb3

i was worried about that..

[elghund]

Originally Posted by pxmcc

yikes..

https://www.barrons.com/livecoverage...IKUUbPviYhfAb3

i was worried about that..

The thing is you can’t do what Trump tried……raise spending, give tax cuts, and try to raise revenue from illegal tariffs. Once the courts ruled, his whole premise was screwed……which anyone with a brain could see coming.

But…..there is no intelligent life in the White House right now, so……..we wait for an actual working Congress.


I wonder when I will see my refund of tariff money I paid?

elg……

[elghund]

Originally Posted by ICU 812

OK . . .so what is next?

Raise taxes. Reduce spending. Stop screwing around with the poor people, and get after tax shelters, go after phony religious tax exemptions……how about adding a luxury tax on corporations that donate money to political causes…..get rid of the Citizens United ruling (funny how that has been ignored)….utilize LEGAL and sensible tariffs…..

There are many ways to do it once you take politics out of the equation.

elg….

[Yssup Rider]

Originally Posted by elghund

Raise taxes. Reduce spending. Stop screwing around with the poor people, and get after tax shelters, go after phony religious tax exemptions……how about adding a luxury tax on corporations that donate money to political causes…..get rid of the Citizens United ruling (funny how that has been ignored)….utilize LEGAL and sensible tariffs…..

There are many ways to do it once you take politics out of the equation.

elg….

Take MAGA out of the equation, you mean.

Maybe time to get back to common sense, education and intelligence.