Trump says U.S. won’t survive without tariffs, businesses say they won’t survive with them

Spread the love

People on both sides of a legal challenge to President Donald Trump’s tariff authority warn that survival is on the line in the high-profile case pending before the U.S. Supreme Court.

Individual businesses and business groups have warned that the tariffs could hurt U.S. businesses and consumers. At least one of the businesses that initially sued the administration over the tariffs said it could only survive for a few months before closing up shop. That business owner said a Chinese company would likely fill the gap making STEM kits for kids when his inventory runs out.

Back in June, the small businesses, represented by the Liberty Justice Center, said their livelihood was on the line. The businesses included VOS Selections, a New York-based wine and spirit importer.

“An eventual refund is of little comfort to the VOS Plaintiffs, who face imminent irreparable harm, including existential threats of bankruptcy and permanent damage to their business, whether by reputational damage, loss of goodwill, or harm to relationships with suppliers and customers,” Liberty Justice Center attorneys wrote. “What good is a refund of the tariffs paid to a business that is bankrupt and no longer exists?”

The U.S. Chamber of Commerce, the world’s largest business federation, said in a friend-of-the-court brief in the case that businesses of all sizes were at risk.

“The economic and political consequences of ratifying the President’s broad interpretation of IEEPA are profound and far-reaching, especially for American businesses,” the attorneys wrote. “If the President’s IEEPA tariffs remain in force, American businesses – large and small – will be irreparably harmed.”

Trump has said the U.S. won’t survive without the tariffs. He said the U.S. would be defenseless without them and has predicted dire scenarios for the U.S. economy should the Supreme Court rule against him.

Calling it “one of the most important cases in the history of our country,” Trump said on Wednesday that he might attend the U.S. Supreme Court arguments challenging his tariff authority in person, an unprecedented move for a sitting president.

“If we don’t win that case, we will be a weakened, troubled financial mess for many, many years to come,” Trump said. “I don’t even know if it is survivable … That’s why I think I’m going to the Supreme Court to watch it. I’ve not done that. And I’ve had some pretty big cases.”

The Supreme Court’s public information office didn’t respond to questions about the president possibly attending oral arguments in the case, which is set for Nov. 5. The Center Square submitted questions to the office on Thursday amid an ongoing partial government shutdown.

In the past, presidents have not attended legal hearings in front of the high court.

Leave a Comment





Latest News Stories

September jobs report adds 119,000, steady unemployment

September jobs report adds 119,000, steady unemployment

By Andrew RiceThe Center Square The delayed release of a September report on the labor market appeared to defy expectations. The report showed employers added 119,000 jobs in September, a...
Indicted Florida congresswoman leaves committee leadership post

Indicted Florida congresswoman leaves committee leadership post

By Merrilee GasserThe Center Square U.S. Rep. Sheila Cherfilus-McCormick of Florida, indicted on charges of stealing $5 million in federal disaster funds and using some of it for her campaign,...
Existing home sales up 1.2% in October

Existing home sales up 1.2% in October

By Brett RowlandThe Center Square Sales of existing homes climbed 1.2% in October, according to a report released Thursday by the National Association of Realtors. The 1.2% increase in existing-home...
Chip Roy calls for full pause on all U.S. immigration

Chip Roy calls for full pause on all U.S. immigration

By Andrew RiceThe Center Square U.S. Rep. Chip Roy, R-Texas, is proposing a freeze to legal immigration admissions and visa issuances until the federal government addresses changes to the immigration...
Prosecutors defend indictment in Comey case after defense questions

Prosecutors defend indictment in Comey case after defense questions

By Brett RowlandThe Center Square Prosecutors defended how they presented the criminal case against former FBI boss James Comey to a grand jury after defense attorneys said the indictment failed...
IL Rep on congressmen trading: 'We're not going to take a pile of money to hell'

IL Rep on congressmen trading: ‘We’re not going to take a pile of money to hell’

By Jim TalamontiThe Center Square An Illinois congresswoman says the public is right to be alarmed about elected officials enriching themselves through insider trading. The U.S. House Administration Committee held...
House axes provision letting senators sue over data surveillance

House axes provision letting senators sue over data surveillance

By Thérèse BoudreauxThe Center Square The U.S. House has repealed a section in the recently-passed government funding bill that would have allowed individual senators to sue the federal government for...
DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

By Tate MillerThe Center Square An education organization is applauding the U.S. Department of Education’s six new agency partnerships announced this week, stating that parents will have more control over...
Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

By Jim Talamonti | The Center SquareThe Center Square Officer shot report numbers down The National Fraternal Order of Police reports, through Oct. 31, 285 police officers have been shot...
WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares highlights from...
Farm Bureau says Thanksgiving prices down, but not enough

Farm Bureau says Thanksgiving prices down, but not enough

By Brett RowlandThe Center Square The cost of a Thanksgiving meal is down 5% this year, but Americans still feel strained by high food prices, according to the American Farm...
GE Appliances announces $150 million partnerships

GE Appliances announces $150 million partnerships

By Andrew RiceThe Center Square GE Appliances announced Thursday it is investing more than $150 million into contracts for suppliers in the United States, contributing toward a new laundry manufacturing...
lake land college.3

Lake Land College Board Approves Three-Year Aetna Contract, Faces 15.34% Medical Premium Hike

Lake Land College Board of Trustees Meeting | October 13, 2025 Article Summary: The Lake Land College Board of Trustees on Monday, October 13, 2025, approved a three-year renewal with Aetna...
Trump signs bill to release Epstein files

Trump signs bill to release Epstein files

By Brett RowlandThe Center Square President Donald Trump signed a bill late Wednesday to release federal files related to former financier and convicted sex offender Jeffrey Epstein. After fighting the...
WATCH: Dysolve AI offers approach to dyslexia in schools

WATCH: Dysolve AI offers approach to dyslexia in schools

By Esther WickhamThe Center Square While education leaders search for breakthroughs in special education, one AI platform, Dysolve, claims it has found part of the answer. Dysolve AI, created by...