Trump Unleashes ALL-CAP Fury After Court Rules Tariffs ILLEGAL…

The Constitution has entered the chat...  

Well, my friends, the tariff sh*t show just rolled back into town… and this time the ringmaster got booed off the stage. For the past year, Donnie Politics treated tariffs like a personal sledgehammer, pounding away at China, Mexico, Canada, and pretty much anyone else who dared ship goods into the U.S. He called it “Liberation Day.” Wall Street called it policy by kneecapping. Either way, it stuck … and $142 billion worth of duties later, tariffs became one of the defining features of his economic playbook.

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However, as of last night,  a federal appeals court has stepped in with a bucket of cold water. In a 7–4 decision, the judges ruled that most of Trump’s global tariffs are flat-out illegal… a.k.a, “invalid as contrary to law,” in their words. Translation: Congress, not the president, gets to decide when and how America taxes imports. Of course, the decision doesn’t take effect until October 14, giving Trump time to haul it to the Supreme Court… where, not coincidentally, three of the nine justices owe him their robes. Until then, the tariffs stay.

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Naturally, Trump's response has been a nuclear all-caps post on Truth Social warning the ruling would “literally destroy the United States of America.” To his base, tariffs aren’t just trade policy… They're identity politics with a balance sheet. Trump calls them “Liberation Day” economics, proof he’s the only guy willing to flip the table on decades of bipartisan free-trade orthodoxy. The courts, unfortunately, call it presidential overreach. Booooo. 

Now for those of you wondering, the issue is Trump’s use of the International Emergency Economic Powers Act, a 1977 Cold War law meant for actual emergencies. He declared trade deficits a national-security crisis and invoked IEEPA to slap a baseline 10% tariff on nearly everything crossing U.S. borders. The court pointed out that the law never mentions tariffs, duties, or anything close… and Congress, when it wants presidents to wield tariff power, usually spells it out in black ink.

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This ruling also drags in Trump’s showcase deals like agreements where countries grudgingly swallowed tariffs or negotiated carve-outs. If the Supreme Court sides against him, some of those concessions could unravel, leaving U.S. exporters exposed. And that’s not just a Trump problem. Multinationals have already built supply chains, financing, and contracts around his tariff wall. Tear it down, and you don’t just ding his political brand, you inject chaos into global trade flows.

Because of this, the White House is spinning the setback as temporary. Spokesman Kush Desai said the tariffs “remain in effect” and promised “ultimate victory.” Meanwhile, revenue from the duties topped $142 billion by July…  more than double a year ago. Now try yanking that cash stream away and see how quickly Congress rediscovers its backbone. Meaning, the moral here is bigger than “just” tariffs: it’s about presidential power. The Supreme Court has recently sharpened its knives against what it calls the “major questions doctrine”... striking down Biden’s climate and student loan plans for stretching old laws too far. The same test could now decide whether Trump’s tariff empire survives.

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Which means, we’re officially heading for a high-court showdown. And investors, exporters, and every lobbyist in D.C. are already circling October 14 on their calendars. But again, for now, tariffs stay. Trump is already showing he’s willing to keep standing on business with them. And the markets, as usual, are left wondering if American trade policy is about to get rewritten by nine unelected referees in black robes. We shall see. Until next time, friends…

At the time of publishing, Stocks.News does not hold positions in companies mentioned in the article.