BREAKING
In a 6–3 decision, the Supreme Court of the United States ruled that President Trump’s use of emergency tariffs was unlawful.
Justices Clarence Thomas, Samuel Alito, and Brett Kavanaugh dissented.
Chief Justice John G. Roberts authored the majority opinion.
BREAN:
January core goods prices are now “1.6% higher than January 2025. The pace of increase in these prices is not, in itself, alarming but the trend is unmistakably upwards. Until this measure of price increases stabilizes .., no one can claim that peak tariff pressures have passed ..” #CPI
Trump will have a plan to reconstruct a lot of his tariffs after this SCOTUS ruling through a combination of other legal authorities (232, 301, 122). But those authorities are more narrow and process-intensive, so he has lost the ability to just rapidly slap tariffs on any country on a day's notice
BREAKING: The Supreme Court strikes down most of Trump’s tariffs in a major blow to the president's agenda.
Tariffs are “having the exact opposite effect of their intention ..”
(via Vital Knowledge) #ISM
Trump brazenly violated the Constitution. An entire political party went along with this. He seized power no president has, and he wielded it arbitrarily to serve his own ego. Finally, a restraint is imposed on the Mad King. Better late than never. But it has taken too long.
Still crazy that the president’s lawyer spent two days with Ghislaine Maxwell, she “cleared” him of wrongdoing and was almost immediately transferred to a more pleasant prison and nobody in the administration will explain it and the media acts like two large dots are just impossible to connect.
Carl Quintanilla
Yashar Ali 🐘
Carl Quintanilla
NBC News
Joey Politano🏳️🌈
David Corn
Schooley
Who would'a thunk it? Ground coffee prices stabilize, ground beef price growth decelerates after tariff removal... It's like basic trade theory works! #EconSky @taxpolicycenter.bsky.social
Key issue to bear in mind as you watch today's political response to the Supreme Court tariff decision: The Court didn't say that the US can't issue tariffs, simply that the President has to convince (the Republican-controlled) Congress first. If tariffs are great, that should be easy to do.
