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 Softball Graphic

Goble Stars in the Circle and at the Plate as Casey-Westfield Powers Past Paris, 10-3

The Casey-Westfield varsity softball team utilized three home runs and a dominant pitching performance from senior Ava Goble to secure a commanding 10-3 conference victory on the road against Paris...
Chicago mayor to push for local funding, keeping Bears

Chicago mayor to push for local funding, keeping Bears

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As he travels to Springfield to lobby for state funding of local governments, Chicago Mayor Brandon Johnson...
Senate Republicans unveil $72 billion budget package to fund ICE, CBP

Senate Republicans unveil $72 billion budget package to fund ICE, CBP

By Thérèse BoudreauxThe Center Square Republicans are forging ahead with legislation to fund Immigration and Customs Enforcement and Customs and U.S. Border Patrol along party lines. The two Senate committees...
Illinois AI regulations have mild industry support, could draw federal ire

Illinois AI regulations have mild industry support, could draw federal ire

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Experts in artificial intelligence spoke to state lawmakers recently, providing guidance on four bills introduced in the...
DOJ files complaint to block Minnesota climate lawsuit

DOJ files complaint to block Minnesota climate lawsuit

By Elyse ApelThe Center Square The U.S. Department of Justice has filed a complaint against Minnesota, seeking to block the state from continuing to pursue a lawsuit against energy companies...
Hegseth: Ceasefire holds despite Iranian aggression

Hegseth: Ceasefire holds despite Iranian aggression

By Morgan SweeneyThe Center Square Despite Iranian forces opening fire on American warships in the Strait of Hormuz Monday, War Secretary Pete Hegseth said the ceasefire still holds and the...
Illinois Quick Hits: Mayors to visit capitol urge protection of local funding

Illinois Quick Hits: Mayors to visit capitol urge protection of local funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Metropolitan Mayors Caucus is urging Gov. J.B. Pritzker to reverse his proposed budget cut to local...
Despite tax revolt, Lower Merion keeps administrator pay high

Despite tax revolt, Lower Merion keeps administrator pay high

By Mark StricherzThe Center Square Despite a $27 million settlement with taxpayers in 2022, Lower Merion School District continues to pay top-tier salaries to administrators.Assistant high school principals in the...
Supreme Court allows Louisiana to immediately move on drawing new map

Supreme Court allows Louisiana to immediately move on drawing new map

By Nolan MckendryThe Center Square Louisiana lawmakers can immediately begin drawing a new congressional map after the U.S. Supreme Court on Monday night put into effect its ruling striking down...
After Fifth Circuit ruling on TX border security law, ACLU sues to stop it from going into effect

After Fifth Circuit ruling on TX border security law, ACLU sues to stop it from going into effect

By Bethany BlankleyThe Center Square Roughly one week after the Fifth Circuit U.S. Court of Appeals handed Texas a win on its border security law, SB 4, the law is...
Colorado legislators back psychedelic drug research

Colorado legislators back psychedelic drug research

By Liam HibbertThe Center Square Psychedelic drugs are experiencing an unprecedented wave of support across the U.S. for their potential therapeutic benefits. President Donald Trump’s recent executive order to research...
Trump tells small business owners tariffs 'aren't high enough'

Trump tells small business owners tariffs ‘aren’t high enough’

By Brett RowlandThe Center Square President Donald Trump told a group of small business owners Monday that tariffs should be higher, even as polling is mixed on the issue. "You...
Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

By John ColeThe Center Square As Democrats ramp up their efforts to flip the U.S. House in November, four candidates from the Keystone State have been named to a program...
Trump hosts small business owners at White House, touting business-friendly policies

Trump hosts small business owners at White House, touting business-friendly policies

By Morgan SweeneyThe Center Square President Donald Trump enumerated a number of policies he said have created a favorable environment for small business growth while speaking to small business owners...
DeSantis signs new congressional map into law

DeSantis signs new congressional map into law

By Alan WootenThe Center Square Second-term Republican Gov. Ron DeSantis on Monday signed his redrawn congressional map into law. The Legislature gave passage last week. “Signed, sealed and delivered,” DeSantis...