sundin13 said:
So, technically adding additional tariffs wouldn't be a defiance of the court. The court specifically struck down tariffs imposed through the International Emergency Economic Powers Act (IEEPA), so just based off this ruling, Trump would be within his rights to impose tariffs using a separate justification. Unfortunately, as a means to free up the global economy, the Supreme Court's ruling is virtually useless. What this might mean though, is refunds. Now, the floodgates have officially been opened for businesses, states, whoever to sue the government to get that illegal money back. Essentially, we are getting the worst of both worlds. Tariffs stay in place, the higher expenses that we paid because of them aren't going back into our bank accounts, but the government will likely lose a bunch of revenue which will go back to businesses who sure as hell won't pay it forward because there's new tariffs in place... |
As far as I know, while Trump might be able to impose new tariffs, his ability to do so will be much more limited. The tariffs he's imposing right away, for example, can be in effect for up to 150 days. It's a long time for sure, but it's also something that has a definite end. He might be able to impose other tariffs, but they will probably be much more limited in scope instead.
