Donald
Trump defiantly vowed to continue slapping tariffs on imported
goods on Friday after the US Supreme Court overturned the so-called “Liberation Day” tariffs he
implemented last year. In a press conference held hours after the Supreme Court ruled
against the president’s tariff regime, Trump said that he had other tools at
his disposal that allowed him to hit foreign products with taxes.
Among other things, Trump said he was going to issue a
10% global tariff using his authority under Section 122 of the Trade Act of 1974 that
allows the president to levy tariffs to address “large and serious”
balance-of-payments deficits with foreign nations.
However, as a Friday analysis by the libertarian Cato
Institute explains, any tariffs enacted through Section 122 expire
after 150 days without authorization from Congress, which in theory could put
vulnerable congressional Republicans on the
spot to vote for or against the president’s signature policy this summer right
before the 2026 midterm elections.
The president’s decision to plow ahead with his
politically unpopular tariffs drew immediate criticism from Sen. Amy Klobuchar (D-Minn.),
who said during an interview with MS NOW that Trump was
creating even more economic uncertainty. “What he’s done is just doubled down
and tried to make it worse,” Klobuchar explained, “which, of course, is going
to create more cost and chaos for the American people.”
Nobel Prize-winning economist Paul Krugman also
predicted more chaos in the months to come from Trump’s trade policies,
particularly when it comes to businesses that will now lobby to get back the
money illegally seized from them by the president’s unconstitutional tariff
regime.
Writing on his Substack, Krugman argued that
Trump finding alternative means to levy tariffs would not “obviate the need to
refund the tariffs already collected,” because “if you seized money without
constitutional authority, finding other revenue sources going forward doesn’t
make the original seizure legal.”
David Frum, staff writer at The Atlantic,
predicted that the coming lawsuits aimed at getting refunds for the illegal
tariffs would be a massive mess. “The post-tariff litigation is going to be
nightmarish,” he wrote on social media.
“Wrongfully taxed plaintiffs will now sue for return of their illegally taken
money. Can their customers then sue for a portion of the higher prices caused
by the wrongful taxes? More Trump chaos.”
However, US Treasury Secretary Scott Bessent
downplayed the possibility of American businesses and consumers getting
refunded for the tariffs. While speaking at the Economic Club of Dallas on
Friday, Bessent was asked if he expected a “food fight” for the $175 billion in
tariff revenues that government has illegally collected since April. “I’ve got
a feeling the American people won’t see it,” Bessent said of
the tariff money.
However, some Democrats indicated that they were not
simply going to let the administration getting away with money they unlawfully
confiscated from US businesses and consumers. “Donald
Trump illegally stole your money,” wrote Sen. Elizabeth Warren (D-Mass.).
“He should give it back to you. Instead Trump is scheming up new ways to force
Americans to pay even more.”
Democrats on the US House Ways and
Means Committee wrote that
“Trump does not want to refund the money he illegally stole from you,” vowing
the party “won’t stop fighting to get your money back.”
Democratic Illinois Gov. JB Pritzker wrote Trump
a letter after the Supreme Court ruling demanding that the president provide
every family in his state a $1,700 refund for the tariffs, which he said “wreaked
havoc on farmers, enraged our allies, and sent grocery prices through the
roof.”
-Brad Reed, Common Dreams

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