In fact, the stock markets reacted as if the decision was expected with the ho-hum reaction it received, by not reacting with an explosive buy or sell-off to panic anyone.
DUMBOCRATS, like Hiccup Jeffries and Schmuck Schumer are celebrating the decision as a victory in their opposition to Trump, while not recognizing that he has other options to continue his current focus to drive forward the American economy
However... Democrats are not seeing an even bigger picture. The opinion gives relief ONLY to companies who filed as plaintiffs in the original suit.
We all know that Presidents from both parties in the past have utilized tariffs to offset costs by other nations as we import those foreign goods. By Trump utilizing these tariffs, he was able to negotiate better trading outcomes which which had been previously penalizing American consumers.
Now, the Trump Administration and the Congress, with this ruling, will need to find a "middle ground" in order to continue the application of the tariffs. It does ONLY limit the extension of Executive power.
And ironically, while the Democrat left may be celebrating the ruling today because, in the short term it short-stops President Trump's agenda which they despise, ultimately, today's ruling also prevents a future DEMOCRAT President from utilizing tariffs without CONGRESSIONAL consent, as well. So, celebrations may not be a good image for Democrats to take.
Surely, by no means, is the discussion closed. Anyone with any intelligence can see this. In the end, a compromise will be forthcoming which will give guidance to handle tariffs in the future.
And whether it is later today, or next week when President Trump delivers his State of the Union address, you know he will have a lot to say.
Be ready for it.
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