A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.
Lol. I wonder how quickly the Trump administration will get this before the Supreme Court.
Trump is gonna explode tonight.
The three judge panel included Reagan, Obama, and Trump appointees. It was a unanimous ruling. Ketchup will be all over the walls of Mar-a-Lago.
A Reagan appointee? Jesus fucking Christ, these people need to retire.
If he’s got 3 more years in him, I won’t mind.
But not now. They can die when the next democratic (and hopefully progressive democrat) president is sworn in. Until then, they need to stay the fuck alive.
Someone Voe3 this. Make a video of him wearing nothing but a diaper and a torn shirt wielding ketchup bottles akimbo squirting them all over everything.
Obligatory 🤮 emoji.
Thanks for that mental image. I hate it. 🤣
That sundowner 2am tweet FULL OF CAPS is gonna be TREMENDOUS.
Hot take: but this is going to suck. The tariffs were guaranteed to tank the economy and would be someone that no one who supported trump could staunchly defend. Now we’re going to get a decade of fascists saying “but the tariffs we wanted were never actually instituted so we’ll never know how good they would have been. That’s why I want to do this worse thing.”
Like, I understand that the liberation day tariffs were about to send the US into depression mode and I still kind of think them being blocked is a net good just cause of how bad we would have been fucked.
But God damn it’s going to be exhausting.
The Republicans wrecked the world economy in 2008, destroying half the wealth in the world, and were only out of power for 2 years. No matter how bad it is, there is nothing that can pierce the reality distortion field generated by the right wing propaganda machine.
You make it sound like they just did it effortlessly in 2008. The Republicans had been working hard on that crisis since 1971!
That has been my position all along. I think the best thing long term is if shit gets real bad really quickly. The slower the decent the longer the suffering will be overall, and the less people are likely to notice and remember.
It could have been super bad and we’d have still forgotten by next election.
Yeah, people were actually clamoring for the heyday of…2020…in the last election cycle. Like 2020 sucked pretty fucking hard.
That’s called accelerationism.
Eh, with USAID gone and SNAP being gutted, a lot of the farmers are going to go bankrupt. With the Medicaid cuts, a lot of the rural hospitals (the main employers in rural areas) are going to go bankrupt. And if the “big beautiful bill” doesn’t pass, all social security and medicare payments will stop until something passes. A lot of bad things will happen to the “wrong rural people”.
Also, Trump has another law he can use to make tariffs with, and it will be another 6 months before the court rules on that.
If they get their way, and we have a depression, they’ll blame the Democrats. If they get stopped before it goes that far, they’ll blame the Democrats. If the Dems are going to get blamed either way, let’s do it our way instead of theirs.
Yeah, I was kind of hoping this fascist government would fail-fast so we could start rebuilding.
That’s been his plan though. Whatever they let him do, he would try to do more. Then they would stop him in court, then he would blame the courts.
I somewhat agree with you, and I think we’re also saving Trump and the Republicans from themselves here.
On the other hand, it is undoubtedly a great thing that SOMEONE has finally put their foot down and challenged Trump’s authority to run the economy by fiat.
I fully agree. Protecting us from facing the full consequences of Trump’s idiotic policies is more dangerous than letting them happen. The most fervent cultists would have never seen the light anyway, but there are a decent number of people who could be convinced of the error of their ways if Trump was allowed to singlehandedly crash the US economy. Now I fear that we’ll just keep going until he is allowed to do something far worse.
Gonna love seeing Alito and Thomas try to argue that in this one very specific and limited case it’s perfectly fine for Congress to abdicate its Constitutionally appropriated powers to the executive branch.
I’m sure some precedent was set during a mutiny trial in the Roanoke colony or something…
He doesn’t give a shit about the tariffs its just market manipulation for him and his buddies
It’s a bit from column A and a smidge from column B.
The tariffs and planned economic uncertainty contribute to the destabilization of the US and its relationships whilst trump and the greed team ransack it on the way down.
They’re also leverage for bribes.
As a Portlander, I’m really happy that some of the people that we elected here in Portland and Oregon lead this legal fight to stop Trump’s dumb fucking bullshit trade way by fiat.
In some ways we are saving the economy from Trump, and thus saving Trump from facing the ramifications of his own stupid fucking decisions, but on the other hand, it’s nice that something is being done to challenge his authority.
US should also refund everyone that got hit
This is going to be a huge part of it in the coming days. How the fuck do you sort that out? People have already been hit. Inventory is already here and has been taxed. Who gets paid back? Who is going to buy the tariffed goods knowing the next shipment will be cheaper?
White House spokesperson Kush Desai said that trade deficits amount to a national emergency “that has decimated American communities, left our workers behind, and weakened our defense industrial base — facts that the court did not dispute.”
Well the new budget torpedoed this argument doesn’t it.
decimated American communities
The trade deficits have reduced American communities by 1/10th? Can this be…?
Chaining this idiotic monkey to his desk so he can’t fling poo all over the constitution.
what does this mean exactly? Like whats gonna happen. Kind of annoying that tariffs are in limbo.
I thought a tenant of a healthy economy was some base modicum of economic stability. With this news its like what the heck? Is this “tariffs go away over night” or “tariffs are now in place sort of, creatinf economic limbo until the Supreme Court eventually makes a decisions and then maybe someone somewhere enforces the decision “ sort of thing
They’re not in limbo per se, as the court issued a summary judgment to plaintiffs and struck the tariffs down. There are no tariffs now. They were illegal. To get them reinstated, Trump has to appeal, the court has to grant review (which only takes one justice, so review will almost certainly be granted), and then has to reverse the ruling. While the tariffs could be reinstated, I think it’s more likely than not that they won’t.
However, your point about economic stability is well taken. I’ll add to your point that the tariffs have already greatly harmed the U.S. by turning much of the world against us. They’ve forced other countries to look for alternative suppliers, and it is unlikely that they will come back, tariffs or not. They have also triggered boycotts of U.S. products.
The best part? All the price hikes announced to date will remain, even if any tariffs paid to date are refunded to every corporation.
This is an intentional effect.
This is why I like to remind everyone that inflation is a widespread increase in the cost of goods and services. There is no “greedflation” - that’s just inflation, and Republicans have been to blame for inflation all along.
Not thrilled about this. The tariffs were about the only damn thing I agreed with Trump about. Not exactly the way he was going about them but nonetheless they could have done a lot of good over the long term. Some damage on the short term, but that pain is overdue frankly.
You agree with a strategy that’s never worked? And has caused extreme economic recession on both of the previous attempts?
Huh.
More than two times. The US has used wide scale tariffs many times in the past, particularly in the 19th century and into the early 20th. They directly caused or were a significant contributing factor to a recession and FIVE depressions. The last one was the Great Depression.
Ah, looks like I get to be one of today’s lucky 10,000…
It can work if targeted and coupled with industrial policy. Eg. The CHIPS act coupled with a tariff on Chinese chips, stuff like that. Everyone agrees that Trump’s way of doing it was counterproductive.
Well, exactly. But that’s not at all what he did. ¯\_(ツ)_/¯
For some of us the recession is a feature not a bug.
“For some of us the suffering of millions and the early deaths of tens of thousands is a feature not a bug”
Yeah medicine is bitter. People can suffer now, or they can suffer later but the path we’re on will lead to suffering all the same. I prefer to suffer now frankly.
Edit: Let me get into this a little bit more, do you think the current economy is unfair to everyone except the elites? Your guttural reaction to this tells me that you might be, as most people on Lemmy. Well here’s the thing, changing the way things work, a revolution if you’d like to call it that but I don’t because it conjures images of a big uprising and I don’t think that’s necessarily how it’s gonna happen, will result in an upending of the system in such a way that it will be inevitable that people suffer. Change in human systems is followed or preceded by suffering. The possibility of suffering should not stop us from doing what will be best for future generations. I don’t understand where this mentality of avoiding suffering at all costs came from, but all it leads to is complacency and a continuation and proliferation of the current system. The worst thing is that the people that profess it the most tend to call themselves “leftists” which boggles my mind.
Long-winded accelerationism
I guess you could call it that.
Your opinion is obviously not very popular, and I also think it is flawed, but I will say I appreciate you coming here to try to discuss it.
Our economy has progressed from manufacturing to the tertiary sector just as it moved on from mining and agriculture (primary sector) over a century ago.
Not only that, but the way these were implemented is such a big component that can’t be glossed over. We need food - that’s included too? Just how quickly do you think we can get mangoes growing in Wisconsin for us to eat here in America? And if you want to bring up the ridiculousness of that idea… Exactly.
I am under no impression that manufacturing would return to the US to create jobs. If it did came back it would have needed to be highly automated. That being said, for me it is a moral imperative that we stop mass consumption of goods produced by people in abhorrent conditions. Bring it back here automate it all. Like Apple says they couldn’t produce the iPhones here but put enough pressure and I bet they’ll figure out a way; doesn’t Huaweii have a factory making phones with no humans in it at all? I do agree that the haphazard nature of the implementation meant that this was doomed from the start. But I was hopeful.
To address your second point:
I would argue that mangoes aren’t a necessity to your diet, you can replace them with fruits that do grow in the US. But I agree monoculture is a huge issue that has a somewhat easy solution but no one wants to touch the farmers living of the governments teat. Tariffs could have been a good tool to stop subsidizing them, without having a collapse in their agricultural sector.
for me it is a moral imperative that we stop mass consumption of goods produced by people in abhorrent conditions
Yes, I’d love to see a decrease in the cheap utter crap we are producing/consuming on this planet, and of course I’m all for humans being treated properly. But blanket tariffs with no apparent consideration of how people are generally treated in those countries (only how we are tariffed) won’t encourage anyone to solve that.
I would argue that mangoes aren’t a necessity to your diet, you can replace them with fruits that do grow in the US
It was a flipping example. There are plenty of fruits you can replace that with. And in the winter we have hardly any fresh produce and have to rely on, for example, Chile (which has its summer conveniently during our winter. Yay geography). IIRC a ton of the world’s garlic comes from China. Could we survive on our own locally-produced food alone? Perhaps. Would we have the same variety we enjoy today? Probably not. Year round? Almost certainly not. Can it all be done as quickly as these tariffs are implemented? Fuck to the no!
It doesn’t matter if he considered the conditions because he can’t force them to stop exploiting their workforce. But the net effect would have been a floor to the price of production at a global level so corporations would have to choose between slave labor, complex supply chains and overseas shipping costs or domestic labor with lower shipping costs and somewhat simpler supply chains.
Yes the economy would suffer. Medicine is bitter. The option is watching the train derail in slow motion.
It doesn’t matter if he considered the conditions because he can’t force them to stop exploiting their workforce
Sure he can. Or at least use it as a tool to help curb it. Anyone with the authority to exercise tariffs (in this case, that turned out to be the issue, but aside from that) can say that x industry in y country is exploiting their workers and products related to that industry is subject to whatever tariff they choose to implement. They may even use their powers (if only advocacy here) to help those affected. Thing is, Trump doesn’t give two shits about any of that, so if any progress is made in the areas in which you’re concerned it’s out of dumb luck and nothing else.
If Trump’s message is to be trusted, he wants to make deals and have more people buy from us, meaning global consumption might shift (assuming deals are made and all) but certainly not go down
It’s a shame you’re being downvoted for making valid points. I think the problem is that many people can’t endorse a trump policy, even if it might eventually have an unintended positive outcome. I don’t blame them either - I get the impression that a lot of the tariff stuff we’ve seen so far has been market manipulation for the benefit of shit-sack and his wealthy backers.
I’ve acknowledged like the ~two times he had a good idea. This is not one of them, and wouldn’t accomplish what the OC wants to see accomplished.
It’s a bad idea all around. On top of being illegally executed.
It’s true that globalisation and long supply chains are not great from an environmental perspective. Obviously trump doesn’t give a single fuck about this, it would have been one small, purely accidental positive consequence of the tariffs.
