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

Trump, Putin agree to meet in Hungary to discuss peace

Trump, Putin agree to meet in Hungary to discuss peace

By Sarah Roderick-FitchThe Center Square Following a “lengthy” phone call between President Donald Trump and Russian President Vladimir Putin, the two have agreed to meet to try to end the...

WATCH: Pritzker says he’s lucky winning $1.4M gambling; GOP say he’s out of touch

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he’s a lucky man after reporting $1.4 million in gambling winnings from...
Report: Sharp decline in trans-identifying youth between 2023 and 2025

Report: Sharp decline in trans-identifying youth between 2023 and 2025

By Tate MillerThe Center Square A sharp decline in Gen Z Americans identifying as transgender and queer has occurred, from 6.8% identifying as a gender other than male or female...
Judge blocks USDA from demanding SNAP info from Illinois, other states

Judge blocks USDA from demanding SNAP info from Illinois, other states

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois leads a 21-state coalition blocking the U.S. Department of Agriculture from demanding sensitive Supplemental Nutrition...
KaylaClark

Clark Secures Fourth Career All-Conference Honor at LIC Meet

Featured photo caption: Casey-Westfield senior Kayla Clark runs at the LaVern Gibson course during Tuesday's LIC Championship meet. Her 8th-place finish secured her fourth consecutive selection to the Little Illini...
'Moral disaster': Wisconsin leaders want answers on teacher assault probe

‘Moral disaster’: Wisconsin leaders want answers on teacher assault probe

By Jon StyfThe Center Square The leaders of Wisconsin’s Senate Committee on Education are demanding answers from the state’s Department of Public Instruction following a report showing that 200 investigations...
Stellantis announces $13B investment in U.S.

Stellantis announces $13B investment in U.S.

By Elyse ApelThe Center Square Stallantis NV has announced a massive manufacturing investment in the U.S., specifically in four Midwestern states. The automaker, which manufactures more than a dozen brands...
Kellen Sullivan powers his way into the end zone for the go-ahead touchdown in overtime, giving Casey-Westfield the crucial 21-20 lead. —photo by Terri Cox

Warriors Clinch OT Thriller with Goal-Line Stand to Remain Undefeated

Featured photo caption: Kellen Sullivan powers his way into the end zone for the go-ahead touchdown in overtime, giving Casey-Westfield the crucial 21-20 lead. —photo by Terri Cox MT. CARMEL,...
Trump continues pursuit for peace in Eastern Europe, Middle East

Trump continues pursuit for peace in Eastern Europe, Middle East

By Sarah Roderick-FitchThe Center Square Fresh off the heels of President Donald Trump’s trip to the Middle East, the president is set to host the Ukrainian president at the White...
WATCH: Sanctuary policies, public safety debated; House resolutions criticize Trump

WATCH: Sanctuary policies, public safety debated; House resolutions criticize Trump

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 share the ongoing...
Illinois quick hits: Pritzker tax payments revealed; teen abortion rate 3rd highest

Illinois quick hits: Pritzker tax payments revealed; teen abortion rate 3rd highest

By The Center SquareThe Center Square Pritzker tax payments revealed Illinois Gov. J.B. Pritzker paid taxes on more than $10 million of income in the most recent tax year, $1.4...
Poll: Majority of Americans concerned with rise in political violence

Poll: Majority of Americans concerned with rise in political violence

By Sarah Roderick-FitchThe Center Square Americans are overwhelmingly concerned about the rising rate of political violence but are divided on how much they think the media bears the responsibility for...
Brief filed in effort to restore Fourteenth Amendment, end birthright citizenship

Brief filed in effort to restore Fourteenth Amendment, end birthright citizenship

By Tate MillerThe Center Square America First Legal is leading the charge for the United States to return to the "original meaning" of the Fourteenth Amendment, meaning that children born...
Federal judge extends order on NYC anti-terrorism funds

Federal judge extends order on NYC anti-terrorism funds

By Chris WadeThe Center Square The Trump administration has been given another week to make its case to withhold more than $33 million in counter-terrorism funds for New York City's...
Trump says he may attend Supreme Court case challenging tariffs

Trump says he may attend Supreme Court case challenging tariffs

By Brett RowlandThe Center Square Calling it "one of the most important cases in the history of our country," President Donald Trump said on Wednesday that he might attend the...