Trump​ ❤️ Tariffs

[leh-nerd skin-erd]

2 hours ago, Trump_is_Mentally_fit said:

All businesses face headwinds, and that's why this inane, illegal and anti-business tariff is so stupid. 

You sound like a politician with your talk of 'headwinds'.  What he actually seems to say is that onerous governmental regulation in NY and NJ has impacted his ability to thrive, and that seemingly was a problem before Trump was elected.  Add to that a change in consumer preference, it sounds like he was on a downhill roll before the tariffs were levied. I wonder if, absent the issues he was already facing, the tariffs are less of a concern. 

 

 

[milfandcookies]

Most of these tariffs have just been empty threats right ?

[Trump_is_Mentally_fit]

1 hour ago, leh-nerd skin-erd said:

You sound like a politician with your talk of 'headwinds'.  What he actually seems to say is that onerous governmental regulation in NY and NJ has impacted his ability to thrive, and that seemingly was a problem before Trump was elected.  Add to that a change in consumer preference, it sounds like he was on a downhill roll before the tariffs were levied. I wonder if, absent the issues he was already facing, the tariffs are less of a concern. 

 

 

You sound like an idiot trying to change the subject. 

 

Fail 

[leh-nerd skin-erd]

51 minutes ago, Trump_is_Mentally_fit said:

You sound like an idiot trying to change the subject. 

 

Fail 

You sent a link over, I read the link, read up on the guy and offered thoughts on the situation as he described it.  You’re not restricted from discussing nuances—well, you might be because you’re a simpleton taking marching orders from your betters.   I’m not.

 

It is ok to think deeper, dig deeper, and have conversations.  This is how we learn, and it may have helped  you avoid losing your shirt when you went all in with your Beanie Babies investment at the top of the market.  

[Trump_is_Mentally_fit]

17 hours ago, leh-nerd skin-erd said:

You sent a link over, I read the link, read up on the guy and offered thoughts on the situation as he described it.  You’re not restricted from discussing nuances—well, you might be because you’re a simpleton taking marching orders from your betters.   I’m not.

 

It is ok to think deeper, dig deeper, and have conversations.  This is how we learn, and it may have helped  you avoid losing your shirt when you went all in with your Beanie Babies investment at the top of the market.  

No, you were just changing the topic away from tariffs. Stop being dishonest 

 

I mean, if you can. Probably just too deeply ingrained in your nature. 

[nedboy7]

Interesting exchange between Gorsuch and DOJ lawyer....

 

 

[Niagara Bill]

Simple question.

With tariffs ranging from 100% to 20% with all the major trading partners, steel, aluminum, agriculture, autos, lumber, and if the economy is doing well as trump suggests  where is the money.

theoretically with hundreds of billions coming into the country covered by tariffs that should have increased the government voffers.....imports have not dropped significantly or have been replaced with internal produced goods....which creates jobs, and income tax, thousands were laid off or terminated, education costs were slashed...show me the money.

[leh-nerd skin-erd]

2 hours ago, Trump_is_Mentally_fit said:

No, you were just changing the topic away from tariffs. Stop being dishonest 

 

I mean, if you can. Probably just too deeply ingrained in your nature. 

I understand that you may be incapable of juggling multiple thoughts at the same time, but  others can.  
 

To break it down so you understand— by you, I mean you.  By others, I mean me (and others). 
 

 

[Trump_is_Mentally_fit]

27 minutes ago, leh-nerd skin-erd said:

I understand that you may be incapable of juggling multiple thoughts at the same time, but  others can.  
 

To break it down so you understand— by you, I mean you.  By others, I mean me (and others). 
 

 

It's not about me, it's you trying to change the subject. Spin all you want

1 hour ago, nedboy7 said:

Interesting exchange between Gorsuch and DOJ lawyer....

 

 

He sure sounds like a no vote on allowing the executive this power 

[The Frankish Reich]

My take, after listening (sometimes while multi-tasking admittedly) to the oral arguments:

 

- The 3 liberal justices will shoot it down. There is some inconsistency there, as Kagan specifically said Biden's student loan forgiveness was kosher if I remember correctly. 

- I strongly believe Barrett will shoot it down. She is known for the most strict reliance on the wording of the statute, and here the statute says nothing about tariffs. So that's 4 votes against the tariffs.

- The 5th (and maybe 6th) votes could come from Roberts and Gorsuch.

[nedboy7]

32 minutes ago, Trump_is_Mentally_fit said:

It's not about me, it's you trying to change the subject. Spin all you want

He sure sounds like a no vote on allowing the executive this power 

These morons created a monster that is now becoming hard to deal with.  

[leh-nerd skin-erd]

2 hours ago, Trump_is_Mentally_fit said:

It's not about me, it's you trying to change the subject. Spin all you want

You keep bringing it up, Tibs.  Let it go. 

[muppy]

5 minutes ago, leh-nerd skin-erd said:

You keep bringing it up, Tibs.  Let it go. 

hey  Leo

 

so the jury is still out on wether or not tariffs are legal. Is money being collected as we speak and it will need returned if the court decides he went outside of his power to charge them?

 

I need cliff notes regarding this issue. Tariffs 101. 

 

AND if money is coming in, where is it and where does it go?

 

thanks. m

 

 

[Joe Ferguson forever]

28 minutes ago, muppy said:

hey  Leo

 

so the jury is still out on wether or not tariffs are legal. Is money being collected as we speak and it will need returned if the court decides he went outside of his power to charge them?

 

I need cliff notes regarding this issue. Tariffs 101. 

 

AND if money is coming in, where is it and where does it go?

 

thanks. m

 

 

https://www.crfb.org/blogs/tariff-revenue-soars-fy-2025-amid-legal-uncertainty

[leh-nerd skin-erd]

3 hours ago, muppy said:

hey  Leo

 

so the jury is still out on wether or not tariffs are legal. Is money being collected as we speak and it will need returned if the court decides he went outside of his power to charge them?

 

I need cliff notes regarding this issue. Tariffs 101. 

 

AND if money is coming in, where is it and where does it go?

 

thanks. m

 

 

Great question, Mumplestilskin. I'm at the mercy off the reporting (or lack thereof) as to current status of tariffs.  One report suggests $90 billion has been collected and the proceeds are held by the US Treasury.   That same report suggested refunds might well be in order if the SC determines his actions were beyond the scope of his authority. I imagine that will be a pretty serious cluster***.   I saw another report that suggested $195b has been collected. 

 

From my perspective, we'll know when we know, and deal with the fallout when it happens.  

[The Frankish Reich]

11 minutes ago, leh-nerd skin-erd said:

Great question, Mumplestilskin. I'm at the mercy off the reporting (or lack thereof) as to current status of tariffs.  One report suggests $90 billion has been collected and the proceeds are held by the US Treasury.   That same report suggested refunds might well be in order if the SC determines his actions were beyond the scope of his authority. I imagine that will be a pretty serious cluster***.   I saw another report that suggested $195b has been collected. 

 

From my perspective, we'll know when we know, and deal with the fallout when it happens.  

Commerce Secretary Lutkin's family bought up rights to a ton of tariff proceeds to cash in if the courts say they have to be refunded. I think it was about 30 cents on the dollar. Those bets are looking good now.

Here's what I expect (acknowledging that I have perhaps 3 or 4 readers here and not the 70,000 of some anonymous Twitter account): the tariffs based on the International Emergency Economic Powers Act (the ones at issue here) will be struck down. The Supreme Court will send it back to the lower courts to decide the "remedy" (including does money need to be refunded). And Trump (like Biden before him in the student loan forgiveness case) will try to reenact the tariffs under a different authority.