Trump speaking at Davos conference (cover your ears Milliband)

And yet inflation in the US is at 2.7% and falling.

Indeed. The theory is that American companies have taken most of the hit whilst they wait to see which way the Supreme court rules. They may be due hundreds of billions of refunds.
 
Indeed. The theory is that American companies have taken most of the hit whilst they wait to see which way the Supreme court rules. They may be due hundreds of billions of refunds.

Hard to see how any court could overrule a sovereign decision such as tarrifs, if they won, you might as well fold the Govt and hand the country over to the Judges.
 
Hard to see how any court could overrule a sovereign decision such as tarrifs, if they won, you might as well fold the Govt and hand the country over to the Judges.

The tariffs haven't been passed by Congress. Trump just announced them using emergency powers. What was the emergency?

I asked Google this question:

'why is the supreme court ruling on tariffs'

As of January 2026, the U.S. Supreme Court is ruling on the legality of President Donald Trump's sweeping global tariffs to determine if he exceeded his constitutional authority.
The case, which centers on the International Emergency Economic Powers Act (IEEPA) of 1977, is one of the most significant separation-of-powers disputes in decades.

Key Legal Questions:

The Court is weighing several critical constitutional and statutory issues:
  • Congressional Power vs. Executive Authority: Under Article I of the Constitution, the power to levy taxes and regulate commerce belongs exclusively to Congress. The Court must decide if the IEEPA—which allows a president to regulate economic transactions during a national emergency—grants the authority to impose tariffs, a power not explicitly mentioned in the statute.
  • The Definition of "Emergency": Challengers argue that the Trump administration's use of tariffs to address trade deficits and negotiate foreign policy deals (such as the attempt to purchase Greenland) does not constitute a legitimate "unusual and extraordinary threat" as required by the law.
  • Non-Delegation Doctrine: The justices are considering whether, if the IEEPA does allow such tariffs, it represents an unconstitutional delegation of legislative power to the executive branch
 
The tariffs haven't been passed by Congress. Trump just announced them using emergency powers. What was the emergency?

I asked Google this question:

'why is the supreme court ruling on tariffs'

As of January 2026, the U.S. Supreme Court is ruling on the legality of President Donald Trump's sweeping global tariffs to determine if he exceeded his constitutional authority.
The case, which centers on the International Emergency Economic Powers Act (IEEPA) of 1977, is one of the most significant separation-of-powers disputes in decades.

Key Legal Questions:

The Court is weighing several critical constitutional and statutory issues:
  • Congressional Power vs. Executive Authority: Under Article I of the Constitution, the power to levy taxes and regulate commerce belongs exclusively to Congress. The Court must decide if the IEEPA—which allows a president to regulate economic transactions during a national emergency—grants the authority to impose tariffs, a power not explicitly mentioned in the statute.
  • The Definition of "Emergency": Challengers argue that the Trump administration's use of tariffs to address trade deficits and negotiate foreign policy deals (such as the attempt to purchase Greenland) does not constitute a legitimate "unusual and extraordinary threat" as required by the law.
  • Non-Delegation Doctrine: The justices are considering whether, if the IEEPA does allow such tariffs, it represents an unconstitutional delegation of legislative power to the executive branch

It was a unilateral decision by Trump. What made you imagine he gave the government a choice?

It's not as though tariffs are a new thing, Trump didn't invent them. Does the EU and the UK impose tariffs on other countries?
 
It's not as though tariffs are a new thing, Trump didn't invent them. Does the EU and the UK impose tariffs on other countries?

Are you taking the mickey?

There is nothing wrong with tariffs. The only dispute is whether Trump has exceeded his powers and imposed them illegally.
 
Hard to see how any court could overrule a sovereign decision such as tarrifs, if they won, you might as well fold the Govt and hand the country over to the Judges.
It's called rule of law , trump bypassed Congress to impose tariffs
 
It's not as though tariffs are a new thing, Trump didn't invent them. Does the EU and the UK impose tariffs on other countries?
It's hard to see how a court can allow one (clearly not well) man to unilaterally decide to impose tariffs on any country he sees fit, wouldn't you agree?
 
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