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

Casey Westfield School Board.1

Casey-Westfield Students Excel in Academics and Community Service

Casey-Westfield students demonstrated exceptional achievement across academic competitions, community service, and educational experiences, according to administrator reports presented during Monday's board meeting. High school students showcased academic excellence through multiple...
Casey Westfield School Board.2

SCHOOL BOARD MEETING BRIEFS

Bond Funds Secured: The Series 2025 HLS Bonds closed April 15 with proceeds deposited at Casey State Bank and fully collateralized, advancing facility improvement projects. Board Transition Pending: New board...
Casey Council Meeting Graphic.1

Casey Council Approves Major Equipment Purchase, Awards Tree Removal Contracts

The Casey City Council authorized the purchase of a $191,537.50 hydro-vac truck and awarded contracts totaling more than $40,000 for tree and stump removal projects during Monday's meeting, while also...
Casey Council Meeting Graphic.2

Casey Committee Maintains Chicken Ban, Advances Planning Initiatives

Casey city committees addressed livestock regulations and economic development planning during meetings held before Monday's council session, with decisions that will affect both residential regulations and long-term community growth. The...
City Council Meeting Briefs.Purple

CITY MEETING BRIEFS

Pond Project Installation: The valve structure for the park pond project arrived Tuesday with installation work beginning this week, continuing progress on the recreational facility enhancement. Sidewalk Bids Scheduled: Contractor...
Casey Council Meeting Graphic.1

Casey Council Approves Union Contract, Issues Historic Founding Day Proclamation

The Casey City Council approved a tentative agreement with the ICOP Union and signed a proclamation commemorating the city's founding during Monday's meeting, while also advancing several business and infrastructure...
Casey Council Meeting Graphic.2

Casey Schedules Public Input on Comprehensive Plan Update

Casey residents will have the opportunity to provide input on the city's comprehensive plan update during a public meeting scheduled for April 22nd from 5:00 to 7:00 p.m., Economic Development...
City Council Meeting Briefs.Blue

CITY MEETING BRIEFS

Ordinance Changes Considered: Alderman Richardson reported a citizen inquiry about allowing chickens within city limits, with an ordinance committee meeting planned to discuss potential changes to current regulations. Emergency Sirens...
Casey Westfield School Board.2

Casey-Westfield Board Approves $4.5 Million Bond Issue with Local Banks

The Casey-Westfield School Board unanimously approved a $4.5 million bond issue for fire prevention, safety improvements, and building renovations during Monday's meeting, with financing arranged through three local banks at...
Casey Westfield School Board.3

Legislative Concerns and Athletic Policy Changes Address School Operations

Casey-Westfield school officials are monitoring state legislative developments that could affect district operations, while also adapting to new athletic association policies for private school competition. Superintendent Mike Shackelford alerted board...
Casey Westfield School Board.1

SCHOOL BOARD MEETING BRIEFS

Technology Infrastructure Critical: The 9-year-old junior/senior high server replacement was urgently needed due to memory loss, 95% capacity usage, and daily error codes threatening system failure. Local Banking Partnership: Three...
Casey Council Meeting Graphic.2

Casey Approves Historical Society Parade, Adds Employee Medical Benefits

The Casey City Council formally approved the Casey Historical Society Parade for May 10th and enhanced employee benefits by adding AirMedCare membership during Monday's meeting, while also advancing comprehensive planning...
Casey Council Meeting Graphic.1

Casey Advances Comprehensive Planning with Public Input Planned

Casey is moving forward with a comprehensive update to its long-range planning efforts, with public participation opportunities scheduled for April as the city works toward adopting a new comprehensive plan...
City Council Meeting Briefs.Purple

CITY MEETING BRIEFS

Summer Cleanup Scheduled: The annual city-wide cleanup will run June 7th through June 14th, with Utility Superintendent Biggs also announcing plans to advertise for summer help positions. Storm Response Active:...
Casey Council Meeting Graphic.1

Casey Police Face Staffing Changes as Officer Resigns, New Recruit Advances

The Casey Police Department is navigating personnel transitions after an officer submitted his resignation, while a new recruit continues progressing through the academy, Chief Adam Henderson reported during Monday's city...