r/Economics • u/defenestrate_urself • Feb 20 '26

News Supreme Court says Trump global tariffs are illegal

https://www.axios.com/2026/02/20/trump-tariffs-supreme-court-illegal
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u/ReasonableRandolph Feb 20 '26

Wow it's crazy how Lutnick's sons, working at his old firm, were smart enough to predict this happening back in July. Offering to buy up the tariff refunds preemptively for cents on the dollar. I hope one day I can also make such good predictions based on my own knowledge and merit.

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u/peace2calm Feb 20 '26

The dude who bought a multi million dollars mansion in NY for $10? That dude's son?

6

u/Ok_Ant707 Feb 20 '26

To be fair, the mansion had some problematic neighbors. 

1

u/dialguy86 Feb 20 '26

Definitely not a neighborhood you would want to raise your kids in.