[dayyan]

This ruling impacts tariffs imposed by way of the International Emergency Economic Powers Act, which includes the reciprocal tariffs announced on April 2’s so-called “Liberation Day.” Bloomberg Intelligence estimates that roughly $170 billion in tariff revenues have been generated through February 20 via these policies. However, this ruling has no bearing on section 232 tariffs, which have been used to justify levies on the likes of steel and aluminum.

Trump administration officials had indicated that they developed contingency plans to attempt to reinstate levies in the event of this outcome. CNN reported that Trump called this ruling a “disgrace” and said he had a backup plan for tariffs.

[megaman821]

It looks like there are several ways to reinstate these tarrifs at the Executive level https://www.cato.org/blog/supreme-court-got-it-right-ieepa-d...

[HaloZero]

The important thing is that Trump can't do the tariffs beyond 15% on a whim anymore though. Like imposing tariffs on Canada because of an ad displayed in Toronto.

[agentifysh]

will it bring back the de minimis exemption for Canadian exporters? Have a friend who's ebay business has been destroyed.

[axus]

It'd be cool if the backup plan was to get Congressional approval, per the US Constitution

[SV_BubbleTime]

Trump aside. Congress is clearly not interested in setting budgets or tax policy.

[ajross]

That's just bluster. The IEEPA nonsense was already the creative trickery deployed in defense of a novel and prima facia unconstitutional policy. If they had a better argument, they would have made it.

And we know in practice that Trump TACOs out rather than pick real fights with established powers. Markets don't like it when regulatory agencies go rogue vs. the rule of law. They'll just shift gears to something else.

[chrisweekly]

TACOs?

[arunabha]

https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out

Trump Always Chickens Out (TACO) is a term that gained prominence in May 2025 after many threats and reversals during the trade war U.S. president Donald Trump initiated with his administration's "Liberation Day" tariffs.

The charitable explanation is that he chickens out when confronted with real backlash.The less charitable explanation is that he 'chickens' out after the appropriate bribe has been paid to him.

[tracker1]

I think that the tariffs are what he said they were... a starting point for pushing (re)negotiation, and that has largely been successful. This ruling doesn't roll back all those trade deals.

[ajross]

Good grief.

1. That's transparently NOT what the white house said the tariffs were for.

2. There has been NO significant change (via negotiation or not) in non-tariff trade policy under this administration. Essentially all those "announcements" of "deals" were, were just the acts of rolling back the tariffs themselves. No one caved. We didn't get any advantage.

It's just absolutely amazing to me the degree of epistemological isolation the right has created for it in the modern US.

[mullingitover]

The tariffs were a backdoor way of passing a nationwide regressive sales tax without the pesky work of passing a law by legitimate democratic process.

[Seattle3503]

Trump always chickens out.

[tawfgkjhgf]

Trump Always Chickens Out