Discussion
"Several prominent outlets falsely reported that the Trade Act gives Trump the legal authority to impose temporary tariffs of up to 15% in response to trade deficits." Judd Legum names Axios, Businesss Insider, The Hill, Forbes, CNBC, News Nation.
"These outlets are spreading misinformation about the law."
~ Judd Legum
#Trump #SupremeCourt #tariffs #media #ApprovalRating
/7
https://popular.info/p/trumps-new-tariffs-are-just-as-illegal
"This reporting has created the false impression that the temporary 15% measure is on firmer legal footing than the tariffs that were just struck down by the Supreme Court. In reality, the new tariffs are just as illegal as the ones they replaced."
"Why this desperate attempt to keep tariffs high? A MAGA loyalist would say it’s to preserve what those illegal tariffs have accomplished. But even before they were struck down, the tariffs had achieved none of their stated goals. In fact, they had put those goals further out of reach. ...
It has been clear from the beginning that a primary motivation for tariffs was that they empowered Trump personally."
~ Paul Krugman
#Trump #SupremeCourt #tariffs #ApprovalRating
/9
https://paulkrugman.substack.com/p/attack-of-the-zombie-tariffs
"They allowed him to punish governments he didn’t like, demand subservience from other countries as the price of lower tariffs, and offer waivers and exemptions to companies that put money in his own pocket. And maybe Trump can’t bear the thought of losing that power."
"We could hope that the Supreme Court smacking his hand would serve as a lesson for Trump, but, as his retaliatory 15% global tariff shows, he just won’t learn. We should all remember that when he tries to sell us all a bill of good[s] Tuesday night."
~ April Ryan
#Trump #SupremeCourt #tariffs #ApprovalRating #StateoftheUnion
/11
https://contrarian.substack.com/p/americans-and-the-supreme-court-agree
"A bad policy choice was made. The courts say it exceeded legal authority. The costs landed overwhelmingly on consumers. And the refund structure is tilted toward corporations.
This is the moment for a new kind of populist demand.
This is not performative outrage, or a culture-war distraction. It’s a single, simple civic insistence: Return the money to the people who paid it."
~ Lawrence Winnerman
