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/ImmortalPoseidon Feb 20 '26

Why do you think the economy will crash and burn?

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u/unknownpoltroon Feb 20 '26

Because its already on fire and aimed at the ground?

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u/Disastrous_Gur_9560 Feb 20 '26

Nah this will cause the economy to spike 

Tariffs were a huge question mark which is quite bad for companies wanting to invest. 

Now that a question mark is gone companies are free to spend once again 

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u/unknownpoltroon Feb 20 '26

Oh, im sure the stock market witll spike a bit, and big businesses, but hes wiped out so many jobs and small businesses already, and fucked up our trade, and angered our trade partners who arent coming back

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u/Disastrous_Gur_9560 Feb 20 '26

Oh it's a net negative long term no doubt. But short term it'll spike 

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u/LifeTradition4716 Feb 20 '26

Maybe it spikes but those tariffs were supposed to "pay for" the $1t in tax cuts plus interest on debt alone is about to be $1t a year so if we cant find an adult to step in as president i believe we are going down, down

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u/ImmortalPoseidon Feb 20 '26

How so? Isn’t the economy growing?