[worry]

QuickTidal, on 23 May 2025 - 01:20 PM, said:

collective good

This is exactly why they are being assailed.

[Azath Vitr (D'ivers]

Just when it seemed like Trump might have had a change of heart, and had suddenly started putting forth one good policy after another... Bruce Springsteen had to go and be mean to him.

So now it's back to Mad King Trump... 50% tariff on the EU, 25% tariff on iPhones and all smartphones not made in the US, etc. etc. Because he woke up on the wrong side of his head... so distraught was he over the Boss's spite.

Seriously IDK what was inspiring that brief period of good policy proposals. Some new advisor had his ear perhaps?... Did he think it would somehow help his tax bill pass?

[Tsundoku]

Interesting. I'm sure it will still be OK to shoot up a primary school though.

Could watching porn soon make you a criminal?
Despite Trump having graced the pages of Playboy multiple times in the past, he now wants you to stop watching porn. Here is why.

https://www.news.com...cc237b210bcd950

[QuickTidal]

So the tariffs are gone. Likely permanently. The Court of International Trade ruled against Trumps ability to use tariffs.

And for those who worry about how the courts can't 'enforce' this - (becuase this MFer has trampled over every court order he''s seen)

This is a different and reverse enforcement situation.

The court doesn't *need* to enforce anything - this verdict in and of itself removes any legal obligation on the behalf of importers to pay the tariffs.

So it would be up to *Trump* to try to force giant corporations with huge legal teams to pay tariffs even though they don't have to, according to the court order. They're not going to do that - their asses are legally covered now, so they just won't pay.

Now, another question now is whether the government going to have to re-pay illegally collected tariffs?

I bet the corporations would *love* that, because while they had to pay the tariffs, they passed the cost on to consumers. So there would actually be no legal obligation for corps to pay that back to their customers, but they'd still get the money back that they paid the government.

Also - if the budget presented in the currently passed budget bill relied on tariffs to provide the 'tax cuts', it would give the senate an even bigger reason to reject it.

Trumps going to throw a fit, but who cares. Oh and Musk has left the Trump Admin officially now, and interviews with him show we broke his spirit. Good.

In a long few months of shit, it's a good day.

[amphibian]

The details of how Musk "left" (I don't believe he's actually abandoned much power and he has surely kept a structure to come back when the while strikes) are absolutely insane.

Stephen Miller and his wife Katie have been in a polycule type deal for a while. Katie has been spending time with Musk as part of that. Katie has now left govt work to go be with Musk and Stephen is real mad about it. This is credible enough that the NY Times is reporting/writing on some of this and the rest is easily found online from fairly credible journalism platforms.

[QuickTidal]

amphibian, on 29 May 2025 - 12:14 PM, said:

The details of how Musk "left" (I don't believe he's actually abandoned much power and he has surely kept a structure to come back when the while strikes) are absolutely insane.

Stephen Miller and his wife Katie have been in a polycule type deal for a while. Katie has been spending time with Musk as part of that. Katie has now left govt work to go be with Musk and Stephen is real mad about it. This is credible enough that the NY Times is reporting/writing on some of this and the rest is easily found online from fairly credible journalism platforms.

Not that Musk is something to look at, but Miller was batting far above his weight with her from a looks perspective. He looks (and acts) like grown up Caillou.

And knowing what evil garbage humans both men are personality-wise , she's likely there for power and prestige and that's it. I hope they get into a physical altercation over it.

[Cause]

amphibian, on 29 May 2025 - 12:14 PM, said:

The details of how Musk "left" (I don't believe he's actually abandoned much power and he has surely kept a structure to come back when the while strikes) are absolutely insane.

Stephen Miller and his wife Katie have been in a polycule type deal for a while. Katie has been spending time with Musk as part of that. Katie has now left govt work to go be with Musk and Stephen is real mad about it. This is credible enough that the NY Times is reporting/writing on some of this and the rest is easily found online from fairly credible journalism platforms.

Im not 100% fluent in Incel speak but Ill try my best.

So the world is going to hell because Stephen 'Soyboy' Miller got Cucked by Elon musk.

[Mentalist]

QuickTidal, on 29 May 2025 - 11:56 AM, said:

So the tariffs are gone. Likely permanently. The Court of International Trade ruled against Trumps ability to use tariffs.

And for those who worry about how the courts can't 'enforce' this - (becuase this MFer has trampled over every court order he''s seen)

This is a different and reverse enforcement situation.

The court doesn't *need* to enforce anything - this verdict in and of itself removes any legal obligation on the behalf of importers to pay the tariffs.

So it would be up to *Trump* to try to force giant corporations with huge legal teams to pay tariffs even though they don't have to, according to the court order. They're not going to do that - their asses are legally covered now, so they just won't pay.

Now, another question now is whether the government going to have to re-pay illegally collected tariffs?

I bet the corporations would *love* that, because while they had to pay the tariffs, they passed the cost on to consumers. So there would actually be no legal obligation for corps to pay that back to their customers, but they'd still get the money back that they paid the government.

Also - if the budget presented in the currently passed budget bill relied on tariffs to provide the 'tax cuts', it would give the senate an even bigger reason to reject it.

Trumps going to throw a fit, but who cares. Oh and Musk has left the Trump Admin officially now, and interviews with him show we broke his spirit. Good.

In a long few months of shit, it's a good day.

I wonder how that'll push the bond market.
On the one hand, institutional stability.
On the other hand, negative tariff income means the budget will be even more broken, which should push interest further up.

[Azath Vitr (D'ivers]

QuickTidal, on 29 May 2025 - 11:56 AM, said:

So the tariffs are gone. Likely permanently. The Court of International Trade ruled against Trumps ability to use tariffs.

And for those who worry about how the courts can't 'enforce' this - (becuase this MFer has trampled over every court order he''s seen)

This is a different and reverse enforcement situation.

The court doesn't *need* to enforce anything - this verdict in and of itself removes any legal obligation on the behalf of importers to pay the tariffs.

So it would be up to *Trump* to try to force giant corporations with huge legal teams to pay tariffs even though they don't have to, according to the court order. They're not going to do that - their asses are legally covered now, so they just won't pay.

For any who haven't seen the news yet, the appeals court has put a pause on the repeal, so the tariffs are still in effect. The tariffs are most likely going to remain in effect throughout the appeals process, with the Supreme Court having the final say. (If the appeals court changes its mind about allowing the tariffs to remain in effect during appeal, Trump will file an emergency appeal to the Supreme Court. Wouldn't it make more sense to determine whether something is constitutional or not before letting Trump do it? IMO yes, but the current Supreme Court seems more sympathetic to the argument that that would excessively impede the executive branch's ability to govern competently.) Here's hoping one of the Trump appointees defects again.

But---assuming they do remain in effect during the appeals---Trump will almost certainly try his time-tested tactic of dragging court proceedings out as much as possible. With assistance from Alito and Thomas.

Even if the Supreme Court eventually rules against them, Trump has several legally well-established methods for unilaterally imposing tariffs:

Quote

Federal law allows Trump to impose tariffs of up to 15% for up to 150 days in situations where imports exceed exports to a degree deemed a crisis.

He could also use a legal provision called Section 232 to impose industry-specific tariffs following an investigation into how imports affect national security, as he's recently done with steel, aluminum, vehicles, and auto parts.

And then there's Section 301, which allows the president to investigate a country for abusive trade practices—a rule he leveraged to put tariffs on China during his first term.

https://www.morningb...5c1c24ba1abe64f

The section 232 sectoral tariffs would require a period of investigation and public commentary before implementation, but it's been suggested that Trump could start by using the 15% tariff for 150 days and then transition to sectoral tariffs or tariffs justified by Section 301.

Mentalist, on 29 May 2025 - 05:59 PM, said:

I wonder how that'll push the bond market.
On the one hand, institutional stability.
On the other hand, negative tariff income means the budget will be even more broken, which should push interest further up.

There's also this provision in the tax bill:

Quote

increasing tax rates for individuals and companies from countries whose tax policies the US deems "discriminatory." This includes raising tax rates on passive income, such as interest and dividends, earned by investors who are potentially sitting on trillions in American assets.

[...] If signed into law, it would further drive away foreign investors at a time when their once ironclad confidence in Treasury bonds and other US assets has already been shaken by Trump's erratic trade policies and the nation's deteriorating fiscal accounts.

[...] Among those potentially affected: institutional investors including sovereign wealth funds, pension funds and even government entities, as well as retail investors and businesses with US assets.

[...] The provision amounts to "weaponization of US capital markets into law" that "challenges the open nature of US capital markets by explicitly using taxation on foreign holdings of US assets as leverage to further US economic goals,"

"We see this legislation as creating the scope for the US administration to transform a trade war into a capital war if it so wishes, a development that is highly relevant in the context of today's court decision constraining President Trump on trade policy."

Section 899 takes aim at countries including Canada, the UK, France and Australia that impose "digital services taxes" on large technology companies such as Meta Platforms Inc. The clause also targets countries using provisions in a multi-country deal for minimum corporate taxes.

[...] While some are skeptical if the Section 899 would survive on concern it would dampen foreign investment into the US, Signum Global Advisors predicts it will likely remain in the final version of the reconciliation package, in part because it has broad Republican support.

https://finance.yaho...-195608308.html

[Edit: even with section 232 sectoral tariffs Trump can still grant some countries exemptions or lowered rates---as the Trump administration already did for the UK trade deal, lowering the tariff on cars from the UK to 10%.]

This post has been edited by Azath Vitr (D'ivers: Today, 12:14 PM

[QuickTidal]

Azath Vitr (D, on 30 May 2025 - 11:24 AM, said:

QuickTidal, on 29 May 2025 - 11:56 AM, said:

So the tariffs are gone. Likely permanently. The Court of International Trade ruled against Trumps ability to use tariffs.

And for those who worry about how the courts can't 'enforce' this - (becuase this MFer has trampled over every court order he''s seen)

This is a different and reverse enforcement situation.

The court doesn't *need* to enforce anything - this verdict in and of itself removes any legal obligation on the behalf of importers to pay the tariffs.

So it would be up to *Trump* to try to force giant corporations with huge legal teams to pay tariffs even though they don't have to, according to the court order. They're not going to do that - their asses are legally covered now, so they just won't pay.

For any who haven't seen the news yet, the appeals court has put a pause on the repeal, so the tariffs are still in effect. The tariffs are most likely going to remain in effect throughout the appeals process, with the Supreme Court having the final say. (If the appeals court changes its mind about allowing the tariffs to remain in effect during appeal, Trump will file an emergency appeal to the Supreme Court. Wouldn't it make more sense to determine whether something is constitutional or not before letting Trump do it? IMO yes, but the current Supreme Court seems more sympathetic to the argument that that would excessively impede the executive branch's ability to govern competently.) Here's hoping one of the Trump appointees defects again.

Fucking hell.

THIS IS WHY EVERYONE HATES The FUCKING USA.

Every goddamn legalese loophole nonsense can be used for the powerful to keep fucking you and everyone else on the planet no matter what. Even when it seems like your system of "supposed" laws seems like it's going to finally work, it finds a way to not work. Your country is built on people going "Wait a minute...how can I wiggle out of this?"...for gods sake that;'s how Trump got nay power to begin with, by having enough money to keep everyone tied up in court....

I can't. I literally can't. This POS you all put in charge is fucking with MY LIFE. My company is constantly scrambling to deal with these fucking tariffs. For months now. I'm fucking FURIOUS that a FOREIGN ASS DICTATOR can have this much effect on the whole world.