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Supreme Court Strikes Down Trump Tariffs (Live Coverage)

The Supreme Court's $100 billion-plus tariff ruling is out and it flatly rejected the White House argument, saying that the International Emergency Economic Powers Act "does not authorize the President to impose tariffs."

An adverse ruling for the White House opens up a hole of well over $100 billion in the annual budget, since the tariffs are, in effect, offsetting part of the cost for the One Big Beautiful Bill Act tax cuts. Refunds may also be due. The outcome of the case, therefore, has important implications for the fiscal deficit, interest rates, President Donald Trump's legislative agenda and potentially the midterm elections.

https://www.investors.com/politics/supreme-court-ruling-trump-tariffs-ieepa-feb20/

The Supreme Court scrambled the US trade landscape Friday when it struck down the centerpiece of President Trump’s second-term tariff program, ruling 6-3 that his sweeping blanket tariffs are illegal.

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-supreme-court-slaps-down-trumps-authority-to-impose-his-most-sweeping-tariffs-151020372.html

11 minutes ago, CallumWK said:

The Supreme Court scrambled the US trade landscape Friday when it struck down the centerpiece of President Trump’s second-term tariff program, ruling 6-3 that his sweeping blanket tariffs are illegal.

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-supreme-court-slaps-down-trumps-authority-to-impose-his-most-sweeping-tariffs-151020372.html

This sort of blows up the left's narrative of fascism, kings, etc.

Today, economists at Penn-Wharton said that over $175 billion in tariff revenue may need to be refunded if the Supreme Court rules against Trump's tariffs.

However, according to SCOTUSblog, the court mentioned nothing about whether the government should go about returning the billions of dollars it made from importers.

Justices Clarence Thomas, Brett Kavanaugh and Samuel Alito all dissented.

Justice Kavanaugh in his dissent, said: "The United States may be required to refund billions of dollars to importers who paid the IEEPA tariffs, even though some importers may have already passed on costs to consumers or others."

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-supreme-court-slaps-down-trumps-authority-to-impose-his-most-sweeping-tariffs-151020372.html

Wouldn't be surprised if administration simply ignored the ruling...

Does this mean all the foreign governments that were paying the tariffs will get refunds?

10 minutes ago, TedG said:

This sort of blows up the left's narrative of fascism, kings, etc.

No. It blows up the narrative of @riclag & Co of "winning".

Fascism is still present under the occupier and administration of the white house.

Just now, Schoggibueb said:

No. It blows up the narrative of @riclag & Co of "winning".

Fascism is still present under the occupier and administration of the white house.

Stop being a child and calling everything you dislike "fascist".

1 minute ago, NoDisplayName said:

Does this mean all the foreign governments that were paying the tariffs will get refunds?

16 minutes ago, CallumWK said:

However, according to SCOTUSblog, the court mentioned nothing about whether the government should go about returning the billions of dollars it made from importers.

There are THOUSANDS of lawsuits claiming refunds of tariffs, and some of them are by the biggest companies of the US, like Costco and Walmart.

My understanding is that even when those refunds are granted by the court, it may take years to have them actually be refunded.

Someone's face will turn from orange to red today, I suggest you block notifications for Trump's messages on Truth social and X

NOTE : AI Gemini Parody Alert

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📱 Truth Social | @realDonaldTrump

The Supreme Court has just REJECTED the American People! A TOTAL DISGRACE! I gave them their jobs, I gave them their lives, and they give me a STAB IN THE BACK because they are WEAK and AFRAID of the Globalist Saboteurs! They say I can’t use Tariffs to stop the foreign GRifters from raping our Country? DISGUSTING! This is a rigged system, a total SCAM, and the "Justices"—except for the few brave ones—are nothing but LEGAL FILTH controlled by the Deep State!

And look at the ASEAN NOW losers—the low-energy, "Expat" TRAITORS who ran away to Thailand because they couldn't cut it in the REAL WORLD! I see you, "beautifulthailand99" and "CallumWK"—posting your pathetic little "Winning" comments while you sit in some sweatbox bar in Pattaya drinking cheap beer because you’re too poor to live in the Great Country I built! You’re over there begging for "Maneerat" to fix your visas for 8,000 Baht because you have NO MONEY and NO COUNTRY! You think it’s funny that Walmart and the Chinese Cheaters get a "refund" while our Borders are wide open? You are the worst kind of people—BOTTOM FEEDERS who root for America to fail from your "Political Soapbox" CESSPOOL! You’re probably the same losers who cry about "Fascism" while you hide behind a keyboard 10,000 miles away!

THE TARIFFS ARE STAYING! I don't care what a "Court" of birdbrains says! We are going to DEFY these people, we are going to DEPORT the illegals, and we are going to CRUSH the ASEAN NOW scum who think they can mock the Greatest Movement in History! You’ll be begging to come back when your "Retirement Visas" get canceled by the very people you’re rooting for! LOUSY!!

MAGA 2026!!! THE WORLD IS WATCHING AND THE RECKONING IS HERE!!!

5 minutes ago, CallumWK said:

There are THOUSANDS of lawsuits claiming refunds of tariffs, and some of them are by the biggest companies of the US, like Costco and Walmart.

My understanding is that even when those refunds are granted by the court, it may take years to have them actually be refunded.

They voted for a clown and now they have got a circus. Next he will be starting a war that he will lose. Loser.

4 minutes ago, beautifulthailand99 said:

DISGUSTING! This is a rigged system, a total SCAM, and the "Justices"—except for the few brave ones—are nothing but LEGAL FILTH controlled by the Deep State!

Note that Trump weaponised SCOTUS with 6 republicans to 3 democrats, and 3 judges appointed by Trump during his first term.

LOSING

The ruling also raised the question of refunds, which could return an estimated $129 billion to importers in the months ahead. It upholds two lower courts — including the US Court of International Trade — that previously found Trump did not have the authority to impose global tariffs using the 1977 law.

https://finance.yahoo.com/news/live/tariff-ruling-live-coverage-reaction-fallout-as-supreme-court-strikes-down-trumps-most-sweeping-duties-151020965.html

20 minutes ago, NoDisplayName said:

Does this mean all the foreign governments that were paying the tariffs will get refunds?

Foreign governments don't pay tariffs. Exporters pay tariffs.

1 minute ago, Alan Zweibel said:

Foreign governments don't pay tariffs. Exporters pay tariffs.

Correction : Importers/consumers pay tariffs

Posts with derogatory nicknames, intentional misspellings, or personal remarks will be removed. Spell names correctly for all sides of the debate.

Isn't that the smile of a desperate fool?

Just now, CallumWK said:

Isn't that the smile of a desperate fool?

When he falls and he will a load of folks are going to flee and say nothing to do with me pal. But we have the receipts. Bannon is right if you are in his circle and you don't fight for your life and Trumpism then you're going to prison.

3 minutes ago, Alan Zweibel said:

Foreign governments don't pay tariffs. Exporters pay tariffs.

Trump says otherwise, and he's a stable genius. He said so himself.

Now don't you feel foolish?

Donald Trump has often stated that tariffs are a tax on foreign countries, suggesting that they don't affect American consumers. He claims the U.S. is "winning a fortune" from tariffs, with "hundreds of billions of dollars" flowing in.

https://www.msn.com/en-us/money/markets/trump-says-foreign-countries-paid-tariffs-american-companies-say-otherwise/ar-AA1IZrXD

Trump has claimed repeatedly — in speeches, interviews, op-eds, and social media posts — that foreign countries pay tariffs and that the money flows into the U.S. Treasury as a gift from abroad. "Billions and billions of dollars are pouring in from China and other countries," he said at a December cabinet meeting.

https://www.newsbreak.com/oca-359268580/4502105682804-trump-says-foreign-countries-pay-his-tariffs-the-new-york-federal-reserve-found-americans-pay-90-the-white-house-called-the-study-an-embarrassment-and-said-researchers-should-be-disciplined

6 minutes ago, NoDisplayName said:

Trump says otherwise, and he's a stable genius. He said so himself.

Now don't you feel foolish?

Donald Trump has often stated that tariffs are a tax on foreign countries, suggesting that they don't affect American consumers. He claims the U.S. is "winning a fortune" from tariffs, with "hundreds of billions of dollars" flowing in.

https://www.msn.com/en-us/money/markets/trump-says-foreign-countries-paid-tariffs-american-companies-say-otherwise/ar-AA1IZrXD

Trump has claimed repeatedly — in speeches, interviews, op-eds, and social media posts — that foreign countries pay tariffs and that the money flows into the U.S. Treasury as a gift from abroad. "Billions and billions of dollars are pouring in from China and other countries," he said at a December cabinet meeting.

https://www.newsbreak.com/oca-359268580/4502105682804-trump-says-foreign-countries-pay-his-tariffs-the-new-york-federal-reserve-found-americans-pay-90-the-white-house-called-the-study-an-embarrassment-and-said-researchers-should-be-disciplined

Hasn't he bankrupted virtually every company he has ever run. Now he has a country to play with.

The Supreme Court has been highly partisan of late and when they rule against Trump with the majority like this, this is a truly great day for America, a huge victory for democracy, and an enormous slap in the face for Disaster Don. The circus clown who claims to be a law and order president is in reality the exact opposite of that, he fragrantly disregards the law every opportunity he gets, and finally the Supreme Court has thrown a huge omelette onto his incredibly ugly face, and in the process dispensed a great deal of justice.

It's all downhill from here Don, get used to failure, get used to loss, get used to rejection, get used to being powerless and doubly impotent.

1 minute ago, spidermike007 said:

The Supreme Court has been highly partisan of late and when they rule against Trump with the majority like this, this is a truly great day for America, a huge victory for democracy, and an enormous slap in the face for Disaster Don.

When even a court weaponized by Trump rules against him, it gives a clear sign of how the midterm elections will turn out.

That is if he even makes it to November.

RECIPROCAL TARIFFS TAKE EFFECT AT MIDNIGHT TONIGHT! BILLIONS OF DOLLARS, LARGELY FROM COUNTRIES THAT HAVE TAKEN ADVANTAGE OF THE UNITED STATES FOR MANY YEARS, LAUGHING ALL THE WAY, WILL START FLOWING INTO THE USA. THE ONLY THING THAT CAN STOP AMERICA’S GREATNESS WOULD BE A RADICAL LEFT COURT THAT WANTS TO SEE OUR COUNTRY FAIL!

Aug 07, 2025, 10:44 AM

Donald J. Trump

@realDonaldTrump

https://truthsocial.com/@realDonaldTrump/posts/114985420201139599

Who am I to argue?

Trump is the leader of the free world and founder of Trump University.

14 minutes ago, NoDisplayName said:

Trump says otherwise, and he's a stable genius. He said so himself.

Now don't you feel foolish?

Donald Trump has often stated that tariffs are a tax on foreign countries, suggesting that they don't affect American consumers. He claims the U.S. is "winning a fortune" from tariffs, with "hundreds of billions of dollars" flowing in.

https://www.msn.com/en-us/money/markets/trump-says-foreign-countries-paid-tariffs-american-companies-say-otherwise/ar-AA1IZrXD

Trump has claimed repeatedly — in speeches, interviews, op-eds, and social media posts — that foreign countries pay tariffs and that the money flows into the U.S. Treasury as a gift from abroad. "Billions and billions of dollars are pouring in from China and other countries," he said at a December cabinet meeting.

https://www.newsbreak.com/oca-359268580/4502105682804-trump-says-foreign-countries-pay-his-tariffs-the-new-york-federal-reserve-found-americans-pay-90-the-white-house-called-the-study-an-embarrassment-and-said-researchers-should-be-disciplined

I stand miscorrected. My apologies.

If anyone still doubts Trump will be history before the end of this year, raise your hand.

President Trump’s wide-ranging tariffs have helped to reconfigure trade. Agathe Demarais, a senior policy fellow at the European Council on Foreign Relations, noted that American allies and adversaries have been reshuffling trade ties away from the United States. “China recorded a $1.2 trillion global trade surplus in 2025, the highest-ever on record by any country — highlighting how Chinese firms successfully re-routed exports to other markets.” Over the past year, countries across the world have stepped up efforts to sign trade partnerships that do not include the United States, like the European Union’s recent deals with with the four South American nations that make up Mercosur and with India.

The National Retail Federation, a trade group, expressed relief about the Supreme Court’s ruling, The ruling “provides much-needed certainty for U.S. businesses and manufacturers,” said David French, the group’s executive vice president of government relations. Refunds, he added, “will serve as an economic boost and allow companies to reinvest in their operations, their employees and their customers.”

Very good assessment. The whipsaw tariffs have been a disaster for small businesses in America and have dramatically lowered consumer confidence and increased fear of uncertainty.

Trump gets another F grade. Don failed yet again.

As a practical matter it does nothing but demonstrate the independence of the Supreme Court since Trump can reimpose Tariffs tomorrow under several other statutes, and even make folks waive "refunds". Its a correct ruling as to the issue. Congress should do its job regardless and simply add tariffs to the Law at issue.

1 hour ago, CallumWK said:

More WINNING

How. By making the economy worse and people pay more?

Investments require a stable and predictable environment to thrive, as stability lowers risk, encourages long-term planning, and protects capital. Investors prioritize transparent, consistent, and safe environments with sound regulatory, legal, and macroeconomic frameworks.

At present the Unites States is far from providing a stable and predictable economic environment. This doesn't mean that there will be no investments in the US. While high volatility can deter investment, it can also create opportunities for risk-tolerant investors seeking for high yields.

These are the investors who typically invest in countries where the rule of law is frequently trampled upon, where instability and political extremism are a source of constant uncertainty, and where capitalism can only develop in its most rapacious forms.

They are hit-and-run investors, seeking high returns in a very short time and certainly not concerned with creating long-term opportunities and jobs.

The SCOTUS ruling sadly confirms that the United States has become a nation where the rule of law is no longer guaranteed.

Whether one agrees with SCOTUS, admitting that the president acted illegally, or agrees with POTUS, believing that the Supreme Court has become a court of radical leftists who only want to see the nation fail, the conclusion is that the United States is no longer a state governed by the rule of law.

Never has the economic well-being of the United States been so threatened as in this moment of internal struggle between state powers and between the government and the opposition.