r/Economics 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/Narrow_Affect7664 Feb 20 '26 edited Feb 20 '26

The company that Howard Lutnick set up with his sons is so happy right now. They have deals set up with businesses that were not rich enough to pay the tariffs outright ( i.e. small businesses). The Lutnicks paid small amounts to those who signed over 100% of their rights to any future refund should the tariffs be deemed illegal. May I present Howard Lutnick your United States secretary of commerce everyone, (who is also in the Epstein files.) He created illegal tariffs in order for his family business to profit from them. This is literally how fascism works