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US Politics 3d
Buried lede: if scotus rules that the usa must pay back all the recent tariffs, the 1974 trade act says the white house can impose new, temporary 15% tariffs to pay for the refunds
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If Supreme Court rules against Trump tariffs, here's what you can expect

www.usatoday.com

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Anonymous 3d

Thats a really silly law

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Anonymous 3d

Economy would still crash though if Trump had to pay back some tariffs

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Anonymous replying to -> #1 3d

The good news is that the new tariffs would last a maximum of 150 days

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Anonymous replying to -> #2 3d

Or maybe it would boom I don’t know

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Anonymous replying to -> #2 3d

Initially, I think it’d be a period of insane growth since the 15% would be overshadowed by investor excitement. Prices would still remain higher in the long run but monthly inflation would ease. Refunds through the 15% tariffs would probably offset investor fears of the US needing to refund it. The main issue would end up being the budget since our debt would spike even harder as there’s no more supplemental revenue (tbh it’s not as bad once you realize it comes from taxpayers anyway)

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Anonymous replying to -> #2 3d

Source is that i’m an econ major :)

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Anonymous replying to -> #3 3d

My Source is I have no idea how the economy works

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