245
submitted 11 months ago by MicroWave@lemmy.world to c/news@lemmy.world

KEY POINTS

Treasury Secretary Scott Bessent said he is “confident” Donald Trump’s tariff plan “will win” at the Supreme Court, but warned the U.S. would be forced to issue massive refunds if it loses.

National Economic Council Director Kevin Hassett noted that there are “other legal authorities” that the administration could use if the tariffs are blocked.

Before court action, Trump’s tariffs were set to affect nearly 70% of U.S. goods imports.

all 49 comments
sorted by: hot top new old
[-] tal@lemmy.today 95 points 11 months ago

Bessent has warned that a delayed ruling "could result in a scenario in which $750 billion-$1 trillion in tariffs have already been collected."

"But, Your Honor. I've been running people over in my truck for a good three months now. If you ruled that running people over in my truck is illegal, why....there'd have to be considerable compensation paid!"

It's a novel argument.

[-] GreenShimada@lemmy.world 29 points 11 months ago

What phenomenal bullshit - There's no way they've collected that much, or even will by the end of the year. That's 20% of the Federal budget, or 3% of GDP, collected in the last 5 months of the year after whiplash, back and forth "we're doing it today, no, now we're waiting 2 weeks"?

They're setting this all up for the largest theft ever committed on Earth.

[-] BrianTheeBiscuiteer@lemmy.world 8 points 11 months ago

They need to get these clowns under oath more often.

[-] frunch@lemmy.world 3 points 11 months ago

I don't see how that would change anything, though I'm all ears to find out why it could. I swear there's nothing stopping these fucks from doing exactly what they want at this point.

[-] gravitas_deficiency@sh.itjust.works 6 points 11 months ago* (last edited 11 months ago)

The largest theft ever committed on earth so far.

We’ve still got another 3.3 (+ ?????) years of this idiocy.

[-] GreenShimada@lemmy.world 4 points 11 months ago

lol, as if he'll leave on someone else's schedule. The constitution to him is "really, more like guidelines."

[-] CileTheSane@lemmy.ca 2 points 11 months ago

"really more like guidelines for suckers"

[-] three_trains_in_a_trenchcoat@piefed.social 4 points 11 months ago* (last edited 11 months ago)

it's not a compelling argument for the likes of you or me, but for the poor ultra-wealthy and powerful of the world, it often makes the spark of compassion in a judge's heart flare brightly.

[-] RagingRobot@lemmy.world 1 points 11 months ago

The supreme Court will love it!

Just like when everyone thought absolutely presidential immunity was a crazy idea. We all laughed at that little guy with the raspy voice making that crazy case to the supreme Court. They loved that shit!!

[-] WatDabney@lemmy.dbzer0.com 78 points 11 months ago

The chance that this Supreme Court is going to rule against Trump is not coincidentally exactly equal to the amount of integrity its conservarive members possess - zero.

This weak diversion isn't out there to try to sway their decision - their decision is a foregone conclusion. The point is just to provide a readymade rationale for some number of people, so they can excuse the Supreme Court's inevitable betrayal of law, precedent and the Constitution with "Well, they had to do that - imagine how much money blah blah blah..."

And besides, if money really was an issue, the administration could easily make up the shortfall simply by making billionaires pay something approaching their fair share of taxes.

[-] Pistcow@lemmy.world 33 points 11 months ago

I mean, if the Supreme Court rules in favor of the tarrif then the market tanks and everyone gets to blame both. Absolute win!

[-] Ensign_Crab@lemmy.world 21 points 11 months ago

The financial hardship into which millions will be plunged is not something to giddily be looking forward to saying "I told you so" about.

[-] Tehbaz@lemmy.wtf 17 points 11 months ago* (last edited 11 months ago)

It's a shame it has to get to that point, but it seems like it's the only way the American people will finally rise up and fight back against MAGA & the billionaire class.

[-] Ensign_Crab@lemmy.world 6 points 11 months ago

It ain't gonna happen if a bunch of sanctimonious assholes just use it as an excuse to gloat at people who are suffering.

[-] CileTheSane@lemmy.ca 2 points 11 months ago

It ain't gonna happen

Ftfy.

The headline every day is "dictator takes another large step towards fascism is America. Americans do nothing."

[-] dugmeup@lemmy.world 13 points 11 months ago

I said it once and I'll say it again. They will say that Congress must stop it.

Then fuck off on their (checks notes) RV...? Now that was cheap!

[-] MuskyMelon@lemmy.world 67 points 11 months ago
  1. SCOTUS won't rule against Trump.

  2. Refunds won't go back to the buyers.

Ya'll are fucked.

[-] wetbeardhairs@lemmy.dbzer0.com 53 points 11 months ago

There's a possibility that the SCOTUS will say no further tariffs are legal but the ones in place had a pseudo-legally-valid status just by virtue of not yet being declared not-legal by the SCOTUS.

[-] TropicalDingdong@lemmy.world 26 points 11 months ago

👆 this guy weasels

[-] MuskyMelon@lemmy.world 3 points 11 months ago

That's still #1

[-] A_Random_Idiot@lemmy.world 66 points 11 months ago

and those refunds will go to the companies as extra profits, instead of to the people who had to pay them.

and retail prices will still stay inflated.

[-] littleguy@lemmy.cif.su 20 points 11 months ago* (last edited 11 months ago)

The only solution is revolution.

The hero who brought justice to that CEO was ahead of the game.

[-] kryptonianCodeMonkey@lemmy.world 7 points 11 months ago* (last edited 11 months ago)

~~The only solution is revolution.~~ The only verdict is vengeance. A vendetta.

FTFY.

[-] Cheems@lemmy.world 2 points 11 months ago
[-] atzanteol@sh.itjust.works 22 points 11 months ago

Then he shouldn't have fuckin' done it then.

[-] corsicanguppy@lemmy.ca 20 points 11 months ago

The law shouldn't care about your bad economic schemes.

[-] littleguy@lemmy.cif.su 2 points 11 months ago* (last edited 11 months ago)

This is America. Government is just another tool of our rulers to oppress us.

Look at how Musk conned Vegas with the hyperloop. No penalties, and nobody learned shit.

[-] thefluffiest@feddit.nl 19 points 11 months ago* (last edited 11 months ago)

massive refunds

So he means… a tax cut!?

[-] phoenixz@lemmy.ca 18 points 11 months ago

massive refunds

But not for you

[-] LoafedBurrito@lemmy.world 16 points 11 months ago

The supreme Court is bought by the GOP, so they will find a way to side with his illegal tariffs.

Americans will continue to see prices skyrocket as our companies lay us off and then as we become homeless, they send us to their concentration camps they call "wellness camps"

Oh you spent 3 years gathering up enough shelter and supplies for a nice tent? Trump's gestapo throws it in a garbage truck and makes you watch before they take you to the camps.

We haven't even begun to talk about the effects of a global trade war and the fact many countries will simply stop providing us with supplies and materials as the US gets isolated.

[-] thericofactor@sh.itjust.works 14 points 11 months ago

Make no mistake, this is simply a warning from the government to the supreme court.

Imagine however if the court would use this case as a test, to see whether or not they still have any influence at all in the separation of powers.

[-] CurlyWurlies4All@slrpnk.net 11 points 11 months ago

We all know which way this will go.

[-] gravitas_deficiency@sh.itjust.works 11 points 11 months ago

Forced to issue

Even if the tariffs are declared illegal (which they should be, because legal opinions of this nature should not, in fact, be swayed by the obvious negative short term consequences of canceling geoeconomic policies that people all over the world pointed out were very fucking stupid; and they won’t be, because the Tribunal of Six is bought and paid for), the orangeboi regime will almost certainly just fucking ignore the unfavorable ruling, since it’s kind of a shit-centerpiece of their shit-agenda.

[-] avidamoeba@lemmy.ca 10 points 11 months ago

If this money is refunded, where would it go? It won't come back to consumers. It probably won't be spent on investments due to the uncertain economic climate. I think it would either disappear from the economy by getting locked "on the sidelines" or be pumped in the asset markets, US or foreign.

[-] frongt@lemmy.zip 8 points 11 months ago

Is he trying to get ahead of Trump just ignoring a ruling?

[-] phutatorius@lemmy.zip 5 points 11 months ago

Too bad they're not personally liable.

[-] TropicalDingdong@lemmy.world 2 points 11 months ago

This feels like a damned if you do, damned if you don't thing.

[-] SabinStargem@lemmy.today 0 points 11 months ago

If the Supreme Court sides with Trump, many companies will support the Union if America has a 2nd American Civil War. Let's see the supposed wisdom of this court.

this post was submitted on 08 Sep 2025
245 points (98.8% liked)

News

38993 readers
1760 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 3 years ago
MODERATORS