Trump-Era Tariff Tussle Supreme Court Strikes Down Some, But Not All

• The Supreme Court ruled some of Trump's tariffs unconstitutional under the IEEPA.
• Tariffs on steel, aluminum, autos, and pharmaceuticals under Section 232 remain.
• The auto and furniture industries face continued tariff burdens.
• Food, beverage and consumer packaged goods sectors still impacted by aluminum tariffs.

Supreme Court Smackdown on Tariffs

Okay, so, imagine trying to explain economics to my chat after a 12-hour stream – that's about how clear the tariff situation has been. But here's the gist from a source who isn't rage quitting Valorant: The Supreme Court decided that some of Trump's tariffs were a bit of an overreach, specifically those enacted under the International Emergency Economic Powers Act (IEEPA). Apparently, using this act to slap tariffs on everything was not exactly the intended use, and the court basically said, "Nah, fam, that ain't it."

Section 232: The Tariff Wild Card

But hold up, before we start celebrating with a celebratory subathon, not all tariffs are gone. The Supreme Court's smackdown didn't touch the tariffs enacted under Section 232 of the Trade Expansion Act of 1962. These tariffs are supposedly about national security and affect things like steel, aluminum, and apparently, the idea of having affordable furniture. I'm no expert, but the article Salesforce Under Fire Employee Revolt Against ICE Ties Escalates, makes you wonder what else is behind these decisions. Just because the Supreme Court says so, doesn't make it 'poggers' for everyone involved.

Auto Industry in the Crosshairs

The auto industry is still feeling the heat. We're talking billions of dollars in tariff costs, depending on where those car parts are coming from. Apparently, slapping a 25% tariff on imported vehicles and parts was supposed to protect national security. I'm not sure how a Honda Civic threatens national security, but hey, what do I know? Big players like General Motors and Ford are still bracing for billions in tariff-related expenses.

Pharma's Precarious Position

The pharmaceutical industry is walking on eggshells right now. Trump threatened tariffs that could go as high as 250% on pharmaceutical imports. The goal was to get drug companies to manufacture in the U.S., which, I guess, is supposed to be better for… reasons? Some companies made deals to lower prices in exchange for tariff exemptions, which sounds like the kind of deal I'd make for a lifetime supply of boba.

Furniture Industry Feeling the Pinch

If you were hoping for cheaper couches, I've got bad news. The furniture industry is still getting hit with those Section 232 tariffs. Couches, kitchen cabinets, vanities – all costing more thanks to those duties. And get this, the tariffs are expected to rise to 50% in 2027. So, if you're planning on redecorating, maybe start saving now. Or just, you know, stick to streaming.

Food and Drinks Take a Hit

Even our favorite snacks and drinks aren't safe. Aluminum tariffs are still in effect, which means companies like Coca-Cola and PepsiCo are facing higher costs. Of course, some tariffs on agricultural products were rolled back, so at least bananas and coffee are safe. For now. Stay vigilant, chat. The tariff wars are far from over. Maybe I should start streaming from Canada? Just kidding... unless?