The new tariffs are illegal, but for a different reason | Metals Mine

  • The new tariffs are illegal, but for a different reason

    From raymondjames.com

    As we have said several times before, we are not lawyers, we are economists, so this section title doesn’t mean that we actually know what the courts are going to conclude about these new tariffs, but we will make our argument on the basis of economic analysis. If the courts follow the economics of the argument, then the only way they can rule is against the tariffs. First, and this is important, we have to clarify that we think the administration is using these tariffs to buy time to figure out what to do next. The president has legal authorization to impose a tariff rate of up to 15% for 150 days. Since courts ... (full story)

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FlyingTurtle
Feb 28, 2026 1:08pm
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Quoting The Fool
What does the US Congress do?
Take away our rights, lavish big business, impede competition, and vote themselves pay raises.
Reply
Schultz
Feb 28, 2026 11:18pm
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Courts make decisions based on law.

Should they require clarification as to what the law means with reference to some definition or nuance in economics, they will do that. Just as they will perhaps refer to a dictionary or similar if a word is ambiguous given all the circumstances.
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The Fool
Feb 28, 2026 12:55pm
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What does the US Congress do?
probillard
Feb 28, 2026 2:28pm
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funny how many influencial individuals are aimed by Epstein files and resign and mister T just keep on bullying the whole world. ICE is private army, what should happen if the US military decides to endorse him into a 3rd mandate ? what would congress do next ?
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