What has Trump done now?

[facthunter]

When  the Current POTUS doesn't think law and Protocol  apply to Him the Problem is right there. Don't look further. You have a Dictator who will get more desperate as his decline continues. Keep watching. (Till you are Not allowed to)  Nev

[Jerry_Atrick]

 

 

[rgmwa]

Trump has had his wings clipped by the Supreme Court who ruled that his IEEPA tariffs are illegal. He’s not a happy camper. 

[red750]

[old man emu]

Ha! Ha! His appointed cronies on the Supreme Court have just declared his method for imposing tariffs was illegal, so they come off. Any tariffs in existence prior to those his method imposed will probably stay, but they were mainly down aroung 10%. Billions of dollars were paid to the US Government through his tariffs, but it appears that it would be impossible to refund money to those individuals who paid it. No doubt Big Busiess will have the records to recoup what it paid, but Joe Citizen remains screwed.

 

One has to wonder if the insult of the exorbitant tariffs will be forgiven by those countries whose trade suffered from them. 

[nomadpete]

19 minutes ago, old man emu said:

One has to wonder if the insult of the exorbitant tariffs will be forgiven by those countries whose trade suffered from them. 

Unlikely. 

The deranged orange one has crapped on its trade 'partners'. The stink will linger long after the crap is gone.

 

Art of the deal? There might be big money changing hands in the background, but joe public won't see any of it.

[old man emu]

There are calls for the money taken as tariffs to be returned to the busineses that paid them, but how can those small businesses return the small portions that individuals paid? Imagine Walmart trying to identify each customer who bought a packet of AA batteries that came from China and carried a tarriff amount, which Walmart had passed on in its retail pricing.

 

Don't forget the sales taxes that are applied to the shelf price at the check-out. We might complain about a 10% GST, but it is a much simpler way to tax sales than the multi-layer system in the USA. If teh retail price of thos batteries rose due to the passing on of tarrif costs, how does the extra sales tax get calculated and returned? What a mess!!!!