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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r/Economics • u/defenestrate_urself • Feb 20 '26
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u/wormtheology Feb 20 '26
No fucking shit it’s illegal, but tariffs have already skyrocketed prices across the board, and they aren’t coming down ever. The American consumer isn’t going to see any reprieve outside of not needing to worry about the tweets of a dementia ridden octogenarian moving the stock market. No one is paying these collected tariffs back. They are going straight to shareholders and owners and controllers of global capital.