The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.
The court, however, did not say what should happen to the more than $130 billion in tariffs that has already been collected.
Further down:
As of December 14, the federal government had collected $134 billion in revenue from the tariffs being challenged from over 301,000 different importers, according to United States Customs and Border Protection data as well as a recent filing submitted by the agency to the US Court of International Trade.
That question will likely need to be sorted out by lower courts.
I mean, the US has accumulated $134bn in damages from the tariffs alone. The economic impact of those tariffs to US entities could be in the trillions of dollars.
I vote we make the people in charge of the decision personally liable.
Further down:
I mean, the US has accumulated $134bn in damages from the tariffs alone. The economic impact of those tariffs to US entities could be in the trillions of dollars.
I vote we make the people in charge of the decision personally liable.
If you or I did something illegal, we’d be held personally liable.