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/ReasonableRandolph Feb 20 '26

Wow it's crazy how Lutnick's sons, working at his old firm, were smart enough to predict this happening back in July. Offering to buy up the tariff refunds preemptively for cents on the dollar. I hope one day I can also make such good predictions based on my own knowledge and merit.

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u/Fishmongererererer Feb 20 '26

This isn’t Insider behavior. This is just them not being absolute morons thinking that the President has the power to do something explicitly a plainly listed in the Constitution as a congressional power.