Trump loses tariffs case - strap yourselves in!

[watty]

Trump had one economic idea.  Just one.  To impose tariffs on countries importing goods into America.  In summary, it was a stupid idea.  And now the Supreme Court has ruled it is illegal.  America is now officially fukked economically.  It was heading towards bankruptcy and this will probably push it over the edge.  Watch the stock markets!

Supreme Court rules that Trump’s sweeping emergency tariffs are illegal (CNN)

[John m]

Watty .That was a Given Blackrock bought reciepts at a few cents in the Dollor .Now importers can look for refunds from the Tax Man .Me Dating App has Stopped USA need the Internet bandwith for the impending attack on Iran .

[John m]

BUY Crypto .Inflation will be down in USA so interest rates will be cut so risk On is back on no interest on savings so gold and Crypto will be up ?

[watty]

Watty .That was a Given Blackrock bought reciepts at a few cents in the Dollor .Now importers can look for refunds from the Tax Man .Me Dating App has Stopped USA need the Internet bandwith for the impending attack on Iran .

Don't know about Blackrock.  But Lutnick, the Commerce Secretary, was running around swearing tariffs where the best thing ever while his adult children were buying up those tariff invoices for cents on the dollar.  His adult children probably just became millionaires, maybe billionaires!  Most corrupt 'democratic' Govt ever.

[John m]

Watty he has just started a Trade War he is increasing Worldwide Tarriffs by 10% .Have the EU got the bollox to impose reciprocal tarriffs .By November it will be 1974 again 12% unemployment .

[John m]

Donald Trump says he will impose 10pc global tariff on top of ‘normal tariffs’ after Supreme Court ruling
Tánaiste Simon Harris has said while the Government is monitoring the situation, tariffs from the US by other means ‘cannot be ruled out’

[watty]

All the major countries have moved to work around Trump and America.  The EU, Canada, Mercosaur, India, China & the BRICS have all done deals/made announcements in the past few months.  They've basically decided to ignore America as much as possible.  Gold is up and the dollar is losing is position as reserve currency.  Nobody important joined his Board of Peace.  The Japanese PM won re-election and she's gonna pull Jap money back out of America, which will fukk Trump up big time.  There might be a biggish boycott of his State of Union address next week.

All Trump has left is his 'pay to play' extortion of rich people in America.  Or martial law!