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 extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...
Trump admin continues to crack down on fraudulent visa schemes

Trump admin continues to crack down on fraudulent visa schemes

By Bethany BlankleyThe Center Square The Trump administration is continuing to crack down on fraudulent visa schemes that are occurring nationwide. In New Jersey, a Korean man pleaded guilty to...
Virginia 1 of 4 in courtroom battles for congressional redistricting

Virginia 1 of 4 in courtroom battles for congressional redistricting

By Shirleen GuerraThe Center Square Less than 100 days into Gov. Abigail Spanberger’s administration, Virginia’s redistricting fight is unfolding across multiple fronts, from the ballot box to the Legislature and...
Casey Westfield Baseball Graphic

Mt. Carmel Offense Explodes Early in 12-4 Rout of Casey-Westfield

The Mt. Carmel varsity baseball team unleashed a relentless offensive assault in the early frames, cruising to a comfortable 12-4 conference victory over visiting Casey-Westfield on Thursday afternoon. Mt. Carmel...
Casey Westfield Softball Graphic

Goble Tosses Shutout, Casey-Westfield Outlasts Mt. Carmel 1-0 in Extra Innings

In a classic pitchers' duel where runs were at an absolute premium, the Casey-Westfield varsity softball team manufactured a single run in the top of the eighth inning to secure...
Illinois Quick Hits: State gaming board renew Rockford casino license

Illinois Quick Hits: State gaming board renew Rockford casino license

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has renewed Hard Rock Casino Rockford’s license for four years, retroactive to January...
Arizona GOP pushes to protect Colorado River's limited water

Arizona GOP pushes to protect Colorado River’s limited water

By Zachery SchmidtThe Center Square Arizona Republicans are seeking to protect the Colorado River as its water supply continues to dwindle. State Senate President Warren Petersen, R-Gilbert; state House Speaker...
Republicans challenge Clyde in Georgia's 9th District

Republicans challenge Clyde in Georgia’s 9th District

By Andrew RiceThe Center Square Incumbent Rep. Andrew Clyde, R-Ga., is facing a primary challenger in his bid to hold on to his 9th District post. Sam Couvillon and Joel...
Fort Bragg soldier’s case continues Tuesday in New York

Fort Bragg soldier’s case continues Tuesday in New York

By Alan WootenThe Center Square An enlisted soldier at Fort Bragg was granted $250,000 bond release on Friday and will have his charges of using classified information to win $400,000...
Justice Department drops Federal Reserve probe, kicks to watchdog

Justice Department drops Federal Reserve probe, kicks to watchdog

By Brett RowlandThe Center Square U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a...
Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears...
NYC schools probed over claims of antisemitism

NYC schools probed over claims of antisemitism

By Chris WadeThe Center Square The Trump administration is investigating claims that New York City schools violated the civil rights of Jewish students by hosting seminars on Palestinian resistance. The...
Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Americans for Prosperity Illinois says megaprojects legislation that cleared the Illinois House could give a proposed development...
Soldier's insider trading case puts prediction markets to the test

Soldier’s insider trading case puts prediction markets to the test

By Brett RowlandThe Center Square An alleged attempt by a U.S. Army Special Forces soldier to profit from classified military intelligence on a prediction market platform has resulted in the...
U.S. will continue blockade 'as long as it takes,' Hegseth says

U.S. will continue blockade ‘as long as it takes,’ Hegseth says

By Andrew RiceThe Center Square The United States will continue it's blockade in the Strait of Hormuz for "as long as it takes," War Secretary Pete Hegseth said on Friday....