Now the Supreme Court of USA has declared that emergency law does not authorize duties meaning tariffs. It is reported that the USA now has to refund about US$179 billion already collected. It never rains but pours for Trump. All his gloating about how much he has collected goes up in flames.
Has Trump already paid the subsidies to the farmers and others that he gloated about paying from those tariffs collected and has now probably to be clawed back. I do not think the farmers are going to pay back the subsidies, anyway, preferring to declare bankrupt. After all, the future looks uncertain for them without the Chinese market, which is gone for good. The bag will still land on taxpayer's lap, a double whammy, paying for the tariffs when they shop and now landed
And what about the lies to be walked back by prolific liar and Trump's sidekick, Howard Lutnik, about the lucrative tariffs of hundreds of billions to be collected going forward? He had been counting his chickens too early before they are hatched.
Anonymous
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