Tariff Man and his tariff plan cause market plunges

[jayzee43]

Originally Posted by bambino

MJ Truth;

Ok… so I did some digging, and yes, it appears president trump did have a PLAN B if SCOTUS ruled against him.

The contingency plans include EXPANDED use of Section 232 of the Trade Expansion Act, which allows tariffs on national security grounds and has already been used to target steel, aluminum, autos, copper and lumber.

And guess what SCOTUS did not rule against… Section 232

Read that again… on NATIONAL SECURITY GROUNDS. I mean, everything trump is dealing with could be classified as National Security Grounds.

Just a guess..
I imagine trump might post his disappointment about the ruling, and he will go on to say he has no choice but to expand Section 232. Or, expand on other tariff powers yet unnamed.

Have some faith. Let trump cook.

rumble.com/v71agh2-presid…

Pathetic. Embarrassing. Weak sauce.

[HDGristle]

Originally Posted by bambino

Reading a little more into this…

What is NOT affected
• The ruling does not invalidate all of Trump's tariffs. It specifically targets those relying on IEEPA. Tariffs imposed under other legal authorities remain in place, such as:
—— Section 232 tariffs (national security-based, e.g., on steel and aluminum).
—— Section 301 tariffs (unfair trade practices).
—— Other targeted levies (e.g., on specific products like copper or certain goods).

In practical terms, this decision destroyed his “Liberation Day” tariffs”, and Could now lead to refunds of billions (estimates in the $100–$180+ billion range) in already-collected duties for importers, depending on ongoing processes.

This also sets the precedent that Limits future presidents' ability to use IEEPA for broad tariff policies without new legislation.

Welcome to the conversation. Now you know what I've been talking about when I have mentioned IEEPA, 232's and 301's.

The administration pivoted away from IEEPA to focus on things they could do (as long as they follow the rules). But that requires time. Studies. And they don't have the free reign to impose blanket tariffs with no time limits based on imagined emergencies with no end.

It took awhile, but you're finally getting there.

[HDGristle]

Originally Posted by bambino

SCOTUS only considered tariffs issued under the IEEPA & struck those down.

President Trump primarily relied on IEEPA for sanctions & emergency-based restrictions. Numerous major tariffs were imposed under standard trade statutes, not emergency powers, so many remain in effect.

They dealt with the case that was in front of them. None of this is new. It's the same case the Court of Trade and the appeals court dealt with. It was never about all tariffs.

Thanks for playing

[bambino]

Originally Posted by HDGristle

Welcome to the conversation. Now you know what I've been talking about when I have mentioned IEEPA, 232's and 301's.

The administration pivoted away from IEEPA to focus on things they could do (as long as they follow the rules). But that requires time. Studies. And they don't have the free reign to impose blanket tariffs with no time limits based on imagined emergencies with no end.

It took awhile, but you're finally getting there.

Been here all along. Tariffs aren’t going away.


Jan 2026 - Kevin Hassett on Tariffs should Supreme Court (SCOTUS) rule against the Tariffs....Kevin specifically references the IEEPA (Emergency) tariffs that SCOTUS just ruled against!

"We have a back up and a back up plan for the back up plan... and we believe we can put the tariffs that we have under alternative authorities like 301, back into place almost immediately should SCOTUS rule against us"

[HDGristle]

Then you should recognize the limitations of 232's and 301's.

And maybe why he isn't spending much time on 122's

[bambino]

They’re calling it a Trump loss. It isn’t. Here’s what actually happened.

The Supreme Court ruled today that IEEPA — a 1977 emergency law — can’t be used to impose sweeping global tariffs without Congressional authorization. Roberts wrote it. Thomas, Alito, and Kavanaugh dissented like champs.

Here’s what the left and the media aren’t telling you: this is a procedural ruling, not a policy death sentence.

The tariffs that actually matter — Section 232 steel and aluminum, Section 301 China-specific — are untouched. Still standing. Still working. The White House isn’t rolling anything back. They’re already pivoting to the Trade Act, national security authority, and Congress if needed.

The left is celebrating like American manufacturing just got handed back to China.

It didn’t.

Tariffs protect American jobs. They bring factories home. They punish unfair dumping and force real deals at the table. One procedural setback doesn’t change any of that.

[HDGristle]

It's a Trump loss. His reach exceeded his grasp and now his favorite toy isn't available on demand and he can only use it when he follows the rules.

He tried using powers he didn't have. He got called out on it. He got put back in his place.

https://finance.yahoo.com/news/supre...151806658.html

Btw, what was the snap reaction from the markets?

They rose

We'll see how things play put rest of day and how his tantrums plays out long-term... but today is a damn fine day to be me

[bambino]

Originally Posted by HDGristle

It's a Trump loss. His reach exceeded his grasp and now his favorite toy isn't available on demand and he can only use it when he follows the rules.

He tried using powers he didn't have. He got called out on it. He got put back in his place.

https://finance.yahoo.com/news/supre...151806658.html

Btw, what was the snap reaction from the markets?

They rose

We'll see how things play put rest of day and how his tantrums plays out long-term... but today is a damn fine day to be me

It won’t stop him. You had nothing to do with anything. So you’re the same old Gristle.

[HDGristle]

Actually, I'm in line for a refund

[bambino]

Originally Posted by HDGristle

Actually, I'm in line for a refund

SCOTUS didn’t give a remedy for that. Good luck!!!!!!

BTW, Market is down as I’m typing.

[eyecu2]

Originally Posted by bambino

They’re calling it a Trump loss. It isn’t. Here’s what actually happened.

The Supreme Court ruled today that IEEPA — a 1977 emergency law — can’t be used to impose sweeping global tariffs without Congressional authorization. Roberts wrote it. Thomas, Alito, and Kavanaugh dissented like champs.

Here’s what the left and the media aren’t telling you: this is a procedural ruling, not a policy death sentence.

The tariffs that actually matter — Section 232 steel and aluminum, Section 301 China-specific — are untouched. Still standing. Still working. The White House isn’t rolling anything back. They’re already pivoting to the Trade Act, national security authority, and Congress if needed.

The left is celebrating like American manufacturing just got handed back to China.

It didn’t.

Tariffs protect American jobs. They bring factories home. They punish unfair dumping and force real deals at the table. One procedural setback doesn’t change any of that.

Nobody on the left is celebrating the Tariff rebuff, but are happy that SOMEONE is holding Trump accountable to his oath to uphold the constitution. TARIFFS are the sole power of Congress and to be the only ones who can levy tariffs.

Watching baby Trump cry about it, is somewhat the only joy we enjoy. When you have a loose cannon trying to be all things all at once, bad decisions have been made. Every time he threatened a tariff increase and markets fluctuated, it was a horror show of instability and some ppl got rich off his bullshit, and some lost fortunes.

This is exactly the big reason for not allowing King Bone Spurs to have Tariff powers.

The SCOTUS who voted to allow that amassing of power in one office of power are the ones who need to be impeached and removed. They failed in upholding their oath to the constitution. Imagine how a change of political power would be a whimsical capricious place where all countries decide not to deal with assholes who cannot make up their mind on both the reasons or intentions of punitive tariffs.

Fuck you King Spurs, we told you that you were out of your lane, and now you FAFO. You look like a fool, instead of using Congress to do their job as intended. Go back to what you do best--tear down another building, monument, government agency or break some emoluments clauses...criming still needs to be done.

[bambino]

Originally Posted by eyecu2

Nobody on the left is celebrating the Tariff rebuff, but are happy that SOMEONE is holding Trump accountable to his oath to uphold the constitution. TARIFFS are the sole power of Congress and to be the only ones who can levy tariffs.

Watching baby Trump cry about it, is somewhat the only joy we enjoy. When you have a loose cannon trying to be all things all at once, bad decisions have been made. Every time he threatened a tariff increase and markets fluctuated, it was a horror show of instability and some ppl got rich off his bullshit, and some lost fortunes.

This is exactly the big reason for not allowing King Bone Spurs to have Tariff powers.

The SCOTUS who voted to allow that amassing of power in one office of power are the ones who need to be impeached and removed. They failed in upholding their oath to the constitution. Imagine how a change of political power would be a whimsical capricious place where all countries decide not to deal with assholes who cannot make up their mind on both the reasons or intentions of punitive tariffs.

Fuck you King Spurs, we told you that you were out of your lane, and now you FAFO. You look like a fool, instead of using Congress to do their job as intended. Go back to what you do best--tear down another building, monument, government agency or break some emoluments clauses...criming still needs to be done.

He still has “tariff powers”. The jokes on you. SCOTUS didn’t take away his Emergency Powers. Trump can slap embargo’s on Countries which would destroy them. FAFO for sure.

[eyecu2]

Btw markets approve also. Dow up @140 and Nasdaq up @200.

The markets are usually the better indicator of what's a good policy. Embargos are ridiculous vs free trade. Emergency Tariffs are for "EMERGENCIES". I don't see what is so hard to understand for REDHATS, IF you want a tariff, get it approved by the legal process vs the illegal process.

[HDGristle]

Originally Posted by bambino

SCOTUS didn’t give a remedy for that. Good luck!!!!!!

BTW, Market is down as I’m typing.

It wasn't their place to determine the method. But the administration has already said they can.

Thank you, valued poster.

[bambino]

Originally Posted by eyecu2

Btw markets approve also. Dow up @140 and Nasdaq up @200.

The markets are usually the better indicator of what's a good policy. Embargos are ridiculous vs free trade. Emergency Tariffs are for "EMERGENCIES". I don't see what is so hard to understand for REDHATS, IF you want a tariff, get it approved by the legal process vs the illegal process.

The market was above 50k before this decision. It’s based on the confidence in the Trump economy. Tariffs have little to do with it. Besides, Trump just invoked a 10% global tariff. He’s probably going to raise existing tariffs.

Yes, President Trump announced a 10% baseline tax on imports from all countries as part of his broader tariff strategy. This move is aimed at addressing trade imbalances and promoting domestic manufacturing.
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