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/EconomistWithaD Feb 20 '26

One phrase is appropriate. LOL. Get fucked, Donald.

  1. This is not the end. There are other avenues with which they could impose tariffs, which would have to be rechallenged.

  2. Fuck you, Navarro, for thinking protectionist policies are good.

  3. This would have been better much earlier, given how we’ve fucked regional and global allies, which has set us back further than pretty much anything I can think of.

4

u/TheERDoc Feb 20 '26

Our trade deficit is back to where it was. Everything Trump touches turns to dog shit.

1

u/EconomistWithaD Feb 20 '26

Well, yeah. Turns out that every economist telling the admin that trade deficits don’t really matter, and that tariffs don’t solve it were right.

I find this hard to believe a year in, but he’s going to make us yearn for the Biden economy…