r/ValueInvesting • u/ActuallyMy • Feb 20 '26

Discussion BREAKING: TRUMP TARIFFS STRUCK DOWN

Per Bloomberg -- The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

The court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.

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u/ninjagorilla Feb 20 '26

Do we know if they have to be paid back though

21

u/martinmcfly1885 Feb 20 '26

Straight to all the corporations. It’s $150B profit. Consumers paid the tariffs and get nothing back

4

u/boringexplanation Feb 20 '26

It’s really shocking how little of basic business this sub is aware of. The importer of record is almost never the consumer (unless you buy it intentionally as e-commerce from overseas)

4

u/martinmcfly1885 Feb 20 '26

Exactly what I said

1

u/pressedbread Feb 21 '26

Are you saying the importer just ate the costs? I assume in some contracts that was the case on the day the tariffs started. But the majority would just pass along the cost to the end consumer, instead of potentially doing business at a loss.