News / tariffs
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1 min read
Trump Just Slapped a 100% Tariff on Your Prescription Drugs
Read more . . . →The man who got slapped down by the Supreme Court for illegal tariffs two months ago just put a 100% tariff on patented prescription drugs. One hundred percent. As in, your medication now costs double at the border before it even hits a pharmacy shelf. This isn’t some abstract trade war number — this is insulin, cancer treatment, the stuff people literally die without. But sure, let’s “bolster national security” by making it financially ruinous to stay alive. The kicker is the carve-out. If you’re a massive pharma company willing to cut a deal with the administration — “Most Favored...
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1 min read
Happy Liberation Day
Read more . . . →One year ago today, they liberated us. The savings should be arriving any minute now.
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1 min read
The Supreme Court Said His Tariffs Were Illegal. He Did It Again The Same Day.
Read more . . . →The Supreme Court ruled 6-3 that Trump’s IEEPA tariffs were illegal. Not a technicality — the man literally did not have the legal authority to bypass Congress and impose duties on every import in the country. $166 billion in wrongly collected tariffs now has to be refunded. Customs is still trying to figure out the logistics. And what did Trump do hours after the ruling? Signed a new executive order slapping a 10% global tariff under a different law. Same policy, different letterhead. The Supreme Court struck it down and he just reloaded. This is what “rule of law” looks...
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1 min read
Trump Goes to China With Nothing
Read more . . . →The Supreme Court told Trump his tariffs were illegal. His response was to slap on a new 15% global tariff using a law that expires in 150 days. And now — today — he’s boarding a plane to Beijing for a summit with Xi Jinping. The man who spent a year screaming about China eating America’s lunch is flying to China with the legal equivalent of a parking ticket in his back pocket and calling it leverage. Trump got his signature economic policy struck down 6-3 by a court that includes three justices he appointed. His replacement tariffs are temporary,...
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1 min read
Happy Anniversary, Liberation Day
Read more . . . →One year ago this week, Trump stood in the Rose Garden and announced the highest tariffs in nearly a century. Called it “Liberation Day.” Promised it would bring back factory jobs, rebuild American manufacturing, and make other countries pay. Well, here’s your scorecard: factory jobs are down, inflation is up, and the Supreme Court ruled the whole thing was illegal. Liberated from what, exactly? Your own paycheck? The best part is the $2,000 rebate checks he dangled in front of everyone like a carnival prize. Not a single one has hit anyone’s bank account. Meanwhile, over 2,000 companies — including...
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1 min read
The $175 Billion Self-Own
Read more . . . →He hired them. They ruled his tariffs illegal. Now he owes $175 billion in refunds. The system works, I guess.
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1 min read
He's Doing This For You
Read more . . . →Young voters asked for no new wars and lower prices. The White House said you’re welcome, here’s both. Inverted. Enlist today.
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1 min read
The Tariffs Aren't Working So Naturally We're Getting More Tariffs
Read more . . . →A year into the tariff experiment and the results are in: automakers have eaten $35 billion in costs, American families are paying an extra $1,500 a year, and thousands of autoworkers — the exact people these tariffs were supposed to protect — are sitting at home on indefinite layoff. GM just cut 900 workers at Fairfax. Stellantis workers at Sterling Heights got told not to come in because engines from Mexico aren’t showing up. The tariffs broke the supply chain and the workers got the bill. So what’s the administration’s response to all this winning? More tariffs. USTR Jamieson Greer...
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1 min read
Your Car Just Got $4,000 More Expensive So Trump Could Pretend He Saved Manufacturing
Read more . . . →Thirty-five billion dollars. That’s how much Trump’s auto tariffs have cost carmakers so far, and guess who’s eating it? Not the CEOs — their margins slid from 8% to 4% and they passed the rest straight to you. Sticker prices on imports from Canada, Japan, Germany, and Mexico are up thousands of dollars. The average American household is paying $1,500 more per year in tariff costs across the board. This was supposed to bring manufacturing home. A year in, automakers still don’t even know which tariffs are staying. Real stable policy environment you’ve built there, guys. The Supreme Court already...
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1 min read
Man Picks Supreme Court Justices, Gets Mad When They Do Their Job
Read more . . . →Trump is publicly raging at Barrett and Gorsuch — two justices he personally appointed — because they had the audacity to rule that the president can’t just make up taxes whenever he feels like it. The man hand-picked judges to rubber-stamp his agenda and is genuinely shocked that two of them decided to read the Constitution instead. Meanwhile Kavanaugh, Alito, and Thomas voted to let him keep the money. Three out of five ain’t bad when you’re trying to build an authoritarian judiciary, I guess. The fallout is spectacular. Over 2,000 companies including Costco and FedEx are now suing for...
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