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.
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.