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

Minnesota, Illinois AGs challenge federal orders to keep coal plants running

Minnesota, Illinois AGs challenge federal orders to keep coal plants running

By Elyse ApelThe Center Square Minnesota Attorney General Keith Ellison is challenging the Trump administration over orders requiring coal-fired power plants in Indiana to remain open past their planned retirement...
FBI finds Americans lose billions to cryptocurrency scams

FBI finds Americans lose billions to cryptocurrency scams

By Brett RowlandThe Center Square Americans lost more than $20 billion to cryptocurrency and other online scams in 2025, a 26% increase over the year before, according to the latest...
Illinois lawmakers seek to regulate, tax prediction markets amid federal lawsuit

Illinois lawmakers seek to regulate, tax prediction markets amid federal lawsuit

By Sean ReedThe Center Square Illinois may soon allow prediction markets to operate in the state, but lawmakers and the federal government are at odds with how they want it...
Report: Teacher’s union gives nearly 2M to org that trains for May Day protests

Report: Teacher’s union gives nearly 2M to org that trains for May Day protests

By Tate MillerThe Center Square An education group has uncovered that teacher’s union the National Education Association has given nearly two million dollars in donations since 2020 to an organization...
Illinois Quick Hits: Downtown Chicago office vacancies hit another record high

Illinois Quick Hits: Downtown Chicago office vacancies hit another record high

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Downtown Chicago’s office vacancy rate has risen to a record high for the 15th consecutive quarter. Crain’s...
Trump issues dire warning to Iran as deadline looms

Trump issues dire warning to Iran as deadline looms

By Sarah Roderick-FitchThe Center Square “A whole civilization will die tonight, never to be brought back again,” President Donald Trump warned the Iranian regime as the clock ticks toward the...
Report: Iran, inflation concern small businesses

Report: Iran, inflation concern small businesses

By Andrew RiceThe Center Square U.S. small businesses reported reduced spending and hiring amid concerns over military strikes against Iran and looming inflation data, according to a new report. The...
City Council Meeting Briefs.Purple

Meeting Summary and Briefs: City of Casey City Council for March 16, 2026

City of Casey City Council Meeting | March 16, 2026 The Regular Meeting of the City of Casey City Council was held on Monday, March 16, 2026. Mayor Mike Nichols...
U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis

U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis

By Bethany BlankleyThe Center Square The U.S.-Israel led attack against Iran continues to impact the global oil supply by cutting off Persian Gulf crude production and distribution. It’s not only...
Casey Westfield Softball Graphic

Casey-Westfield Completes Wild Walk-Off Comeback to Edge Teutopolis 16-15

The Casey-Westfield varsity softball team secured a dramatic 16-15 victory over Teutopolis in a non-conference home shootout on Monday afternoon. Trailing late in the game, the hosts exploded for six...
Trump endorses Hilton in California gubernatorial primary

Trump endorses Hilton in California gubernatorial primary

By Dave MasonThe Center Square President Donald Trump has endorsed former Fox News anchor Steve Hilton in California’s Republican gubernatorial primary. Trump picked Hilton over the other prominent GOP candidate...
Feds award $1M for Rose Bowl upgrade ahead of Olympics

Feds award $1M for Rose Bowl upgrade ahead of Olympics

By Chris WoodwardThe Center Square The Rose Bowl is getting infrastructure upgrades ahead of the 2028 Summer Olympics. Just over $1 million in federal funds will go toward water and...
Trump defends Section 122 in latest tariff legal challenge

Trump defends Section 122 in latest tariff legal challenge

By Brett RowlandThe Center Square President Donald Trump's administration defended his newest 10% global entry tariffs against a legal challenge in a trade court. The administration said that Trump acted...
Education department rescinds Title IX resolution agreements

Education department rescinds Title IX resolution agreements

By Esther WickhamThe Center Square The U.S. Department of Education’s Office for Civil Rights on Monday rescinded portions of multiple resolution agreements, alleging that previous administrations expanded the interpretation of...
Illinois gun owners plan rally in wake of Supreme Court order

Illinois gun owners plan rally in wake of Supreme Court order

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Illinois State Rifle Association says gun owners have run out of options in a case challenging...