United States Politics: ∆τ_i*ε*φ*m_i<0 where ε=4 and φ=0.25

[benji]

It would be "the end of the United States" if President Trump's sweeping global tariffs are ultimately struck down by the Supreme Court, White House trade adviser Peter Navarro said Sunday.

...

Late Friday night, a federal appellate court upheld a lower-court ruling that Trump's sweeping global tariffs under the International Emergency Economic Powers Act (IEEPA) were illegal.

Trump quickly warned the ruling could "literally destroy the United States" and suggested a Supreme Court appeal was coming.

The decision allows the IEEPA tariffs to remain in place through at least Oct. 14. It does not affect so-called Section 232 tariffs (like steel and aluminum) or Section 301 national tariffs (like the levies imposed on China in Trump's first term).

What they're saying: "This was weaponized partisan injustice at its worst. Politicians in black robes," Navarro said on Fox's "Sunday Morning Futures" of the court's 7-4 decision.

"If we lose the case, President Trump is right — it will be the end of the United States," he said

Save us Supreme Court, Americans can't compete and need higher prices on everything.