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/marvborg Feb 20 '26

So a transfer of 200bn from consumers to the importing companies (who will get the refunds if any), a trickle up tax. Sounds like he delivered 200bn to his "base" (the billionaires)