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

Lawsuit links CA teen's suicide to artificial intelligence

Lawsuit links CA teen’s suicide to artificial intelligence

By Esther WickhamThe Center Square The parents of a California teenager who committed suicide sued OpenAI, alleging that ChatGPT taught him how to harm himself, according to a lawsuit the...
HHS, Department of Education announce nutrition reforms

HHS, Department of Education announce nutrition reforms

By Esther WickhamThe Center Square The U.S. Department of Health and Human Services, along with the U.S. Department of Education, announced this week an initiative urging medical education organizations to...
White House appoints interim CDC director; standoff continues with former director

White House appoints interim CDC director; standoff continues with former director

By Morgan SweeneyThe Center Square The White House has appointed Department of Health and Human Services Deputy Secretary Jim O’Neill as interim director for the Centers for Disease Control and...
WATCH: Pritzker claims Trump plans election interference with troop deployment

WATCH: Pritzker claims Trump plans election interference with troop deployment

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says President Donald Trump only wants troops on the ground to interfere in...
Plaintiffs take Cook County gun ban challenge to SCOTUS

Plaintiffs take Cook County gun ban challenge to SCOTUS

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Plaintiffs challenging Cook County’s ban on semi-automatic firearms are asking the U.S. Supreme Court to take the...
Illinois quick hits: $1.57B return on investments; solar-powered manufacturer cuts ribbon

Illinois quick hits: $1.57B return on investments; solar-powered manufacturer cuts ribbon

By Jim Talamonti | The Center SquareThe Center Square $1.57B return on investments Illinois Treasurer Michael Frerichs says his office made a record $1.57 billion in investment earnings from the...
Report: Illinois U.S. Rep faces minimal penalty after disclosure violations

Report: Illinois U.S. Rep faces minimal penalty after disclosure violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a new report, Illinois U.S. Rep. Jonathan Jackson has violated federal law by making late...
18 were injured, 2 killed in Minneapolis shooting

18 were injured, 2 killed in Minneapolis shooting

By Jon StyfThe Center Square A total of 18 victims were injured and two were killed in a Wednesday shooting at a Catholic school in Minneapolis, a total reached after...
Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

By Tate MillerThe Center Square The Trump administration directed 46 states and territories to remove gender ideology from their sex ed materials or else face possible termination of federal Personal...
Americans could face 'sticker shock' as once-small tax exemption ends

Americans could face ‘sticker shock’ as once-small tax exemption ends

By Brett RowlandThe Center Square Americans could be in for a surprise when a nearly century-old trade rule that allowed shoppers to avoid President Donald Trump's tariffs expires on Friday....
'Pro-taxpayer' law requires operators to clean up abandoned Illinois oil wells

‘Pro-taxpayer’ law requires operators to clean up abandoned Illinois oil wells

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A state lawmaker says recently-signed legislation will ensure that Illinois taxpayers don’t foot the bill for cleaning...
Black-only medical directory must open to all races after lawsuit

Black-only medical directory must open to all races after lawsuit

By Tate MillerThe Center Square After a lawsuit from medical group Do No Harm, a Philadelphia-based directory of Black physicians is now open to all races. The directory entitled “Black...
Embattled Fed governor sues Trump over 'illegal' firing

Embattled Fed governor sues Trump over ‘illegal’ firing

By Brett RowlandThe Center Square A Federal Reserve governor accused of mortgage fraud filed a lawsuit Thursday alleging her firing was "unprecedented and illegal." Trump fired Federal Reserve Governor Lisa...
Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop gets to the...
Illinois quick hits: Man on pretrial release accused of murder; holiday weekend impaired driving patrols

Illinois quick hits: Man on pretrial release accused of murder; holiday weekend impaired driving patrols

By Jim Talamonti | The Center SquareThe Center Square Man on pretrial release accused of murder After reportedly violating curfew dozens of times while wearing an ankle monitor, a man...