Trump’s 10 percent tariffs survive court smackdown with emergency stay.

Tariff war mutates into permanent cash grab, bigger bite coming…

Consumers get bent over again…

Bull Theory
@BullTheoryio
🚨TRUMP’S 10% TARIFFS ARE BACK.

A U.S. appeals court just blocked the order that would have killed Trump’s 10% tariffs on imports from every country in the world.

The tariffs were declared illegal because Trump used the wrong legal justification.

But the court issued an emergency stay, meaning every American importer except 2 companies and the state of Washington keeps paying the 10% tariff while the legal battle continues.

Only those 2 companies are now eligible for refunds, Nobody else is.

Even if these tariffs are killed permanently in court, the Trump administration is already preparing a replacement set of tariffs under a completely different law targeting up to 60 countries.

Unlike the current tariffs which expire July 24, the new ones have no limit on size and no expiration date.

The next round could be bigger and permanent.

 

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