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Trade and legal experts see up to 80% odds that the Supreme Court will rule against Trump’s global tariffs
Fortune ^ | 10/4/2025 | Jason Ma

Posted on 10/10/2025 11:15:32 AM PDT by Poison Pill

The Supreme Court will likely agree with lower courts that ruled President Donald Trump can’t use the International Emergency Economic Powers Act to impose broad tariffs, according experts surveyed by JPMorgan.

Trade and legal experts said the odds that the high court will rule against the Trump administration are 70%-80% and expect a decision by the end of the year

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy
KEYWORDS: article2; bookmark; commerce; commiepropaganda; economy; fakenews; scotus; tariffs; tds; trade

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To: Poison Pill

I doubt that. Past Presidents have used tariffs. So would such a ruling be retroactive?


41 posted on 10/10/2025 2:12:05 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: srmanuel

The Trade Act of 1974 codifies everything Trump is doing with trade and tariffs.


42 posted on 10/10/2025 2:14:15 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Bruce Campbells Chin

Read the Trade Act of 1974. You free traitors need to educate yourself.


43 posted on 10/10/2025 2:15:36 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Alberta's Child

Sure you free traitors got a boner now but you will be defeated and deflated.


44 posted on 10/10/2025 2:18:20 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Poison Pill

Assuming they rule that Trump doesn’t have authority, they still have the practical problem of undoing what has been done. If they rule against Trump, I assume they will find a way to keep the status quo for a period of time. Probably give congress time to ratify and/or to renegotiate or to give Trump authority on retro basis.


45 posted on 10/10/2025 2:19:49 PM PDT by Raycpa
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To: Alberta's Child

Free traitors were afraid then. We need to get free traitors back in the closet.


46 posted on 10/10/2025 2:20:01 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Aria

A ruling against may drive the final wedge between the sellout Feds and we the people.


47 posted on 10/10/2025 2:21:30 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Poison Pill

Logically it should be the opposite but corporations are global now . Know your enemy.


48 posted on 10/10/2025 2:22:47 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Brian Griffin

I would say a $500 billion annual trade deficit is beyond an emergency.


49 posted on 10/10/2025 2:24:35 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: Leaning Right

Wow. Wouldn’t Americaa be on the hook for billions????


50 posted on 10/10/2025 2:30:50 PM PDT by Cowgirl of Justice
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To: Leaning Right

What about all the past tariffs collected over the last 200 years? Does all that have to be paid back?


51 posted on 10/10/2025 2:34:01 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: central_va

Yup.

Here is the text:

(1) If the United States Trade Representative determines under section 2414(a)(1) of this title that—
(A) the rights of the United States under any trade agreement are being denied; or
(B) an act, policy, or practice of a foreign country—
(i) violates, or is inconsistent with, the provisions of, or otherwise denies benefits to the United States under, any trade agreement, or
(ii) is unjustifiable and burdens or restricts United States commerce;
then the Trade Representative shall take action authorized in subsection (c), subject to the specific direction, if any, of the President regarding any such action, and shall take all other appropriate and feasible action within the power of the President that the President may direct the Trade Representative to take under this subsection, to enforce such rights or to obtain the elimination of such act, policy, or practice. Actions may be taken that are within the power of the President with respect to trade in any goods or services, or with respect to any other area of pertinent relations with the foreign country.

And later on:

(1) For purposes of carrying out the provisions of subsection (a) or (b) or section 2416(c) of this title, the Trade Representative is authorized to—
(A) suspend, withdraw, or prevent the application of, benefits of trade agreement concessions to carry out a trade agreement with the foreign country referred to in such subsection;
(B) impose duties or other import restrictions on the goods of, and, notwithstanding any other provision of law, fees or restrictions on the services of, such foreign country for such time as the Trade Representative determines appropriate;

This is why everything Trump has done has been under the proclamation that the US is being subjected to unfair trade practices from countries all over the world and that his actions are a counter to those practices.


52 posted on 10/10/2025 2:43:38 PM PDT by Truthsearcher
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To: Bruce Campbells Chin

Yeah I get it. I could just as easily take your side of the argument.

It all comes down to whether you think our Constitutional Republic is currently functioning - whether it is accountable to the people.

I think it’s not - I think it’s been hijacked - we need a new Declaration.

Remember, many of the same Founders that drafted the Constitution also drafted the Declaration, which had a completely different tone.

The Declaration was not an instruction manual for limiting power and self-imposing checks and balances. It was a justification for removing a tyrannical government by force.

I think that’s where we are right now - and you are correct: the Left could say the same thing - actually, I think they already have, in so many words.

The Left already declared war on us. The Left has already shown it is not willing to be constrained by the Constitution - and if our side continues to play by the rules of the Constitution, ours will be the only side doing so.

I would love it if we could somehow wrestle the Left back into submitting itself to the rules if the Constitution - and spare us from having to fight American Revolution II.

The way the Left has weaponized our institutions and conspired to thwart the will of the people by attempting to destroy a duly elected POTUS - that is most definitely NOT Constitutional. So, either a lot of them need to go to prison, or we have to face up to the fact that we are not in Kansas anymore.


53 posted on 10/10/2025 2:44:12 PM PDT by enumerated (81 million votes my ass)
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To: Poison Pill

Experts said he would be in jail by now.


54 posted on 10/10/2025 2:53:18 PM PDT by CodeToad
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To: HANG THE EXPENSE

Congress gave up control of tariffs to the executive branch. If scotus rules against him then we are back to constitutional controls as designed by our founders.


55 posted on 10/10/2025 2:56:03 PM PDT by DownInFlames (P)
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To: central_va

I have no idea what the hell you’re talking about.


56 posted on 10/10/2025 2:56:05 PM PDT by Alberta's Child ("Nobody sits a horse like Monte Walsh.")
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To: central_va

Statute can not supersede the Constitution.


57 posted on 10/10/2025 2:57:58 PM PDT by Poison Pill
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To: Poison Pill

What? The Trade Act of 1974 was found Constitutional.


58 posted on 10/10/2025 3:06:53 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: central_va

These tariffs are based on the IEEPA. That’s the statute at issue.


59 posted on 10/10/2025 3:11:49 PM PDT by Poison Pill
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To: Poison Pill

Right. If necessary Trump will use the Trade Act.


60 posted on 10/10/2025 3:14:31 PM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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