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

Illinois lawmakers grill diversity commission over lack of progress

By Jared Strong | The Center SquareThe Center Square (The Center Square) -- State lawmakers expressed public, bipartisan concern again Wednesday over an Illinois commission's efforts to increase access to...
Casey Westfield Softball Graphic

Goble’s 12 Strikeouts, Early Run Support Lift Casey-Westfield Past Arthur-Okaw Christian 7-4

A disastrous first inning proved too much for the Arthur-Okaw Christian varsity softball team to overcome, as visiting Casey-Westfield capitalized on early errors and rode a 12-strikeout complete game from...
U.S. House vote on spy powers extension delayed due to bipartisan pushback

U.S. House vote on spy powers extension delayed due to bipartisan pushback

By Thérèse BoudreauxThe Center Square U.S. House Speaker Mike Johnson, R-La., is postponing a vote on a clean extension of the federal government’s electronic surveillance powers due to member pushback....
Auditors praise Trump anti-fraud healthcare proposal

Auditors praise Trump anti-fraud healthcare proposal

By Andrew RiceThe Center Square A coalition of 14 state financial leaders across the country backed a Trump administration policy to reduce fraud in health-care systems. The group of state...

WATCH: Gun owners rally at Illinois Statehouse against more gun regulations

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois gun owners are pressing their legislators to oppose gun regulations and some elected officials are on...
GOP seeks probe of $180B in fraud with taxpayers' money

GOP seeks probe of $180B in fraud with taxpayers’ money

By Madeline ShannonThe Center Square California’s Assembly Republican Caucus on Wednesday called for a special legislative session to investigate an estimated $180 billion in fraud in taxpayer-funded programs. “Fraud absolutely...
Bill advances to prevent local governments from clearing homeless camps

Bill advances to prevent local governments from clearing homeless camps

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State law may soon restrict local governments from clearing homeless encampments from parks and other public spaces....
Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim

Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim

By Michael Carroll | Legal NewslineThe Center Square A Texas federal judge’s decision to allow ExxonMobil’s defamation lawsuit against California Attorney General Rob Bonta to move forward could ensnare Bonta...
Expulsion votes for two members of Congress could happen next week, Luna says

Expulsion votes for two members of Congress could happen next week, Luna says

By Bethany BlankleyThe Center Square Two more members of Congress may be forced to resign next week or face votes for their expulsion, U.S. Rep. Anna Paulina Luna, R-Florida, says....
NAACP sues xAI over air pollution near Memphis data center

NAACP sues xAI over air pollution near Memphis data center

By Alton WallaceThe Center Square The NAACP filed a lawsuit in federal court Tuesday against Elon Musk’s xAI, saying the company is illegally operating 27 methane gas turbines in Mississippi...
Trump says he's ready to nominate up to three Supreme Court justices

Trump says he’s ready to nominate up to three Supreme Court justices

By Brett RowlandThe Center Square President Donald Trump said Wednesday he is "prepared" to nominate another Supreme Court justice to the bench, should a vacancy arise. No justice has publicly...
Military hostilities in Iran continue after Senate tanks War Powers Resolution

Military hostilities in Iran continue after Senate tanks War Powers Resolution

By Thérèse BoudreauxThe Center Square For the second time in the U.S. Senate, Republicans tanked a War Powers Resolution that would have halted the ongoing U.S. military operations in Iran....

WATCH: Detransitioner battles to revive landmark malpractice and fraud lawsuit

By Carleen JohnsonThe Center Square A woman at the center of the detransition movement is waiting to find out if a North Carolina appeals court will let her case proceed...
Iran economic fallout is temporary, Hassett says

Iran economic fallout is temporary, Hassett says

By Andrew RiceThe Center Square The economic fallout of the U.S. conflict in Iran will be temporary, National Economic Council Director Kevin Hassett said on Wednesday. Hassett touted the Trump...
Illinois Quick Hits: NFIB says biz deduction will bring jobs, benefit to Illinois

Illinois Quick Hits: NFIB says biz deduction will bring jobs, benefit to Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The National Federation of Independent Business says Illinois is projected to gain 48,000 new jobs each year...