The majority of the sweeping tariffs Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds.
That potentially dramatic turn in the tariff saga comes after a federal appeals court ruled on Friday that Trump unlawfully leaned on the International Emergency Economic Powers Act (IEEPA) to impose across-the-board duties on countries.
Trump had used those powers to push import tax rates as high as 50% on India and Brazil – and as high as 145% on China earlier this year.
The tariffs will go away, but the companies have realised that you’re okay with paying $10 for something that used to cost $8 anyway so you’ll be paying $10 from now on
I’ll just remind everyone that the people making those ghoulish decisions have home addresses. Just normal homes in normal neighborhoods, most often without any extra security.
Be a shame if they suddenly realized there were consequences for social murder.
Until they decide to change it again in 3-6 months.
They’ve been shrinkflating the shit out of everything so much.
I’ve recently noticed a stick of deodorant from Costco seems to be the same (already shrunken over the years) plastic shell with less actual deodorant in it.
It’s all about seeing how little we’re willing to accept, and then conditioning us to accept even less.
The only solution is to confiscate all wealth over $100 million, and use it to establish Health Care 4 All, free college/trade, UBI, minimum living wage, public services, etc.
Come to think of it, we should do that anyway.
The world would be a better place.