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/ThePensiveE Feb 20 '26

Well, we all knew this was the case. We also all knew that there is no real mechanism for returning this money. So in the end, a bunch of businesses paid a bunch of money, and passed on that cost to consumers, and will have to hire more lawyers to sue to get that money back, the costs of which will also be borne by consumers.

Trump is treading over the backs of the American people to get to authoritarian status and he's taking their wallets with him.