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Tit for Tat Tariffs - The US versus the World
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That would seem to be the right way to redress this illegal action. I've heard the talking heads say so. But we shall see.
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- Mar 4, 2007
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Im assuming so. Part of Kavanaughs dissent was about refunding them when they had already passed on the costs to consumers, but Trump shouldn't have lied about it in the first place. I know Costco had filed a lawsuit over them.
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Some of Trump's people plan on making money off this though. It was reported they bought rights to tariff refunds from businesses, with an expectation of them being overturned.
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Coalition of over 800 small businesses launches national sign-on letter that calls on Administration and Congress to deliver “Full, Fast, and Automatic”
"Today's Supreme Court decision is a tremendous victory for America's small businesses who have been bearing the crushing weight of these tariffs. Our coalition members, who through hard work, late nights, and sweat equity built local businesses, have paid billions in tariffs that never should have been imposed.
They've taken out loans just to keep their doors open. They've frozen hiring, canceled expansion plans, and watched their life savings drain away to pay tariff bills that weren't in any budget or business plan. Today, the Supreme Court has validated what we've been saying all along: these tariffs were unlawful from the start.
...read the statement here:
www.wepaythetariffs.com
"Today's Supreme Court decision is a tremendous victory for America's small businesses who have been bearing the crushing weight of these tariffs. Our coalition members, who through hard work, late nights, and sweat equity built local businesses, have paid billions in tariffs that never should have been imposed.
They've taken out loans just to keep their doors open. They've frozen hiring, canceled expansion plans, and watched their life savings drain away to pay tariff bills that weren't in any budget or business plan. Today, the Supreme Court has validated what we've been saying all along: these tariffs were unlawful from the start.
...read the statement here:
We Pay the Tariffs Responds to SCOTUS IEEPA Decision, Calls for Swift Refunds in Letter to President and Congress
Coalition of over 800 small businesses launches national sign-on letter that calls on Administration and Congress to deliver “Full, Fast, and Automatic” Tariff RefundsQuotes from businesses across the country on tariff refunds included belowWASHINGTON, D.C. – Feb. 20 - Following the Supreme...
www.wepaythetariffs.com
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eclipsenow
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It's far bigger than a trade war. It's about who defines international norms now that international law is broken.
It's this simple.
Trump broke the world order where America acted as our big brother, protecting us from all the other bullies in the playground.
Carney is building an alliance of smaller guys that will replace the need for that big brother.
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Trump tariffs: EU grapples with fallout of US court ruling
Trump tariffs: EU grapples with fallout of US court ruling
European leaders and businesses have responded to the US Supreme Court's decision to rule many of US President Donald Trump's tariffs illegal with both cautious optimism and deep uncertainty.
www.dw.com
The US Supreme Court's dramatic decision on Friday to rule most of US President Donald Trump's tariffs illegal has left the country's trade partners trying to figure out what the verdict means for them.
Although Trump says he will press on with tariffs using other statutes, the ruling could halt his flagship trade policy and give countries and sectors affected by the tariffs an unexpected but welcome reprieve.
European leaders have cautiously welcomed the decision.
French President Emmanuel Macron welcomed the decision when speaking at an agricultural fair in Paris, saying, "It is good to have power and counterweights to power in democracies." He said France would consider the consequences of the new global tariff announced by Trump. The US president had first announced a global 10% levy but on Saturday said he'd raise the tariff to 15% instead.
German Chancellor Friedrich Merz said he hoped the decision would ease tariffs for German exporters, telling broadcaster ARD that "tariffs harm everyone". He echoed Macron's remarks that the decision suggested the "separation of powers in the US still seems to be functioning."
A trade spokesperson for the European Commission said the 27-nation bloc was in "close contact" with the US administration as they seek clarity on the next steps.
Uncertainty over EU-US trade deal
The verdict has created deep uncertainty over the EU-US trade agreement struck last July. EU lawmakers had paused the ratification process of that deal after Trump's threats to annex Greenland, but the European Parliament's trade committee is due to vote on the deal this coming Tuesday (February 24).That vote is now in doubt, and EU lawmakers will hold an emergency meeting on Monday to discuss the next steps. "The era of unlimited, arbitrary tariffs ... might now be coming to an end," Bernd Lange, chairman of the trade committee, said on X. "We must now carefully evaluate the ruling and its consequences."
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