I was curious how long they were going to drag their feet on this. It partially felt like they were waiting to see which way the political winds were blowing.
Now the question for all armchair pundits: what will this mean? Most likely the first thing will be stopping all future tariffs, which is good, but I have a feeling everything collected is going to become a sunk cost.
Those reimbursements go to the importers, whereas the cost burden was on consumers, so really this has been a (successful) avenue for siphoning money from the poors to the rich.
I don’t even see how that’d be possible. Prices consumers paid were higher, but it wasn’t (in most cases) directly paying the tariffs - it’s just that the importer’s costs were higher because of the imports, so they raised their prices, too. Figuring out exactly what the reimbursement should be to each individual consumer would be functionally impossible even if they did mandate it.
Economy becomes better as there’s finally clarity on what the tariff policy is going forward. Also: no tariffs! This is big, because nobody could plan for the future at all when the policy was whatever Trump feels like that morning. Companies will probably get the tariffs refunded, and they’ll pay themselves fat bonuses while continuing to upcharge consumers.
Europe/our other allies can see this as a sign stating that Trump’s will is not the whole of the law, and he hasn’t won the absolute power he craves. He can be restrained, at least a little. Freer trade means better relations when an orange lunatic isn’t trying to gouge your country economically.
Trump’s ego is hurt, so he’s probably starting a war with Iran unless they give up their nuclear program. Khamenei is also a humiliation-adverse dictator, so a deal probably won’t happen.
Epstein files get further and further from the public consciousness.
As an American, yeah you’re right. I could see some argument to forgive and move on from his single term. We could say we learned our lesson and got him out as soon as we could and never looked back. But we elected him again. We can’t say that this isn’t who we are. Not all of us, but enough of us. And even after he’s dead and gone, there’s still the very real (and maybe expected) possibility that we’ll put another dumbass fascist in charge again and he’ll wreck international diplomacy and trade again/still/further.
The problem is a culture of money and corruption created this system that put him at the top, and quite scarily allowing him to stay there. He has done worse things than burned his Allies…and he’s still there.
It’s happed now. And it will happen again because the system has not changed. It’s bolder than ever.
I was curious how long they were going to drag their feet on this. It partially felt like they were waiting to see which way the political winds were blowing.
Now the question for all armchair pundits: what will this mean? Most likely the first thing will be stopping all future tariffs, which is good, but I have a feeling everything collected is going to become a sunk cost.
There will be further lawsuits for reimbursements for these unconstitutional tariffs. Costco already has one in the chamber.
Those reimbursements go to the importers, whereas the cost burden was on consumers, so really this has been a (successful) avenue for siphoning money from the poors to the rich.
I wouldn’t be surprised if AGs bring suits to reimburse the people as well. I guess we’ll see.
I don’t even see how that’d be possible. Prices consumers paid were higher, but it wasn’t (in most cases) directly paying the tariffs - it’s just that the importer’s costs were higher because of the imports, so they raised their prices, too. Figuring out exactly what the reimbursement should be to each individual consumer would be functionally impossible even if they did mandate it.
My predictions, in no order:
Economy becomes better as there’s finally clarity on what the tariff policy is going forward. Also: no tariffs! This is big, because nobody could plan for the future at all when the policy was whatever Trump feels like that morning. Companies will probably get the tariffs refunded, and they’ll pay themselves fat bonuses while continuing to upcharge consumers.
Europe/our other allies can see this as a sign stating that Trump’s will is not the whole of the law, and he hasn’t won the absolute power he craves. He can be restrained, at least a little. Freer trade means better relations when an orange lunatic isn’t trying to gouge your country economically.
Trump’s ego is hurt, so he’s probably starting a war with Iran unless they give up their nuclear program. Khamenei is also a humiliation-adverse dictator, so a deal probably won’t happen.
Epstein files get further and further from the public consciousness.
The ruling only applies to tariffs he justified with the 1977 Emergency Act; the rest remain in place.
Yep, probably should have said that Trump waking up, rolling some dice, and deciding tariff rates based on that is restrained
Free trade trust is burned. The USA can’t be trusted regardless of orange turdbag.
As an American, yeah you’re right. I could see some argument to forgive and move on from his single term. We could say we learned our lesson and got him out as soon as we could and never looked back. But we elected him again. We can’t say that this isn’t who we are. Not all of us, but enough of us. And even after he’s dead and gone, there’s still the very real (and maybe expected) possibility that we’ll put another dumbass fascist in charge again and he’ll wreck international diplomacy and trade again/still/further.
I don’t have much hope for the future of America.
I will gladly admit that’s partially my own wishful thinking. But hey, America is not a monolith, and that fucking moron isn’t dictator yet.
The problem is a culture of money and corruption created this system that put him at the top, and quite scarily allowing him to stay there. He has done worse things than burned his Allies…and he’s still there.
It’s happed now. And it will happen again because the system has not changed. It’s bolder than ever.