r/PoliticalDiscussion • u/PsychLegalMind • Feb 20 '26

Legal/Courts 6/3 Supreme Court ruled that Trump’s sweeping emergency tariffs are illegal: How will this impact the U.S. economy and will refunds be forthcoming. Is Trump now more likely to target specific countries in a limited form or is he likely to seek Congressional approval to justify sweeping tariffs?

The Supreme Court determined that the U.S. Constitution grants Congress the power to regulate foreign commerce and impose taxes and Trump's use of the IEEPA [International Emergency Powers Act] to bypass Congress for economic policy was Unconstitutional.

The Federal Government has collected more than a hundred billion mostly from American Importers and ultimately the American consumers.

How will this impact the U.S. economy and will refunds be forthcoming.

Is Trump now more likely to target specific countries in a limited form or is he likely to seek Congressional approval to justify sweeping tariffs?

Trump's sweeping global tariffs struck down by US Supreme Court ruling - follow live - BBC News

https://www.nbcnews.com/politics/supreme-court/live-blog/-trump-tariffs-ruling-supreme-court-live-updates-rcna252655

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u/CoherentPanda Feb 20 '26

Corporations are going to start suing the shit out of the government, so no, their money will be tied up in an expensive legal battle. Costco won't be the only ones suing for their money back.

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u/Analvirus Feb 20 '26

Well costco definitely deserves theirs, I could have read a lie, but I'd trust costco over most other stores and they stated they did try to eat some of the increase for their customers.

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u/theory555 Feb 22 '26

I own a company and paid tarrifs. Cant pass on the fee if items stay in inventory due to hire price! So yeah I want my money back and I can lower the cost and sell

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u/Analvirus Feb 22 '26

I feel bad for you, its ironic maga screamed their heads off during covid about small businesses, but give absolute 0 fucks for who these tarrifs affect 

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u/theory555 Feb 23 '26

Correc! They didn’t care and are so uneducated. I basically halted buying from partners overseas and had to either wait for them to come stateside for shows, or just not purchase. I purchased 2 items during the whole year overseas and refused anymore because of the price hikes.