Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating

Uh oh.

President Donald Trump’s trade war suffered a big setback with many of his administration’s tariffs ruled illegal by a federal appeals court last Friday. Billions of dollars in trade duties may potentially need to be refunded to businesses as trade deals struck by the White House with other nations are thrown into question. But for now, the underlying stance within the shipping industry and supply chain has not changed, according to logistics professionals, with the court decision — a stay is in place until October 14 — contributing to the uncertainty that has dogged business decision making throughout 2025.

“Right now, we have not heard anything much or seen any changes,” said Paul Brashier, vice president of global supply chain for ITS Logistics.


The SC will have to do a olympic quality double back flip off the pommel horse worthy of a 10 in order not to rule Dotard exceeded his authority in claiming emergency powers to impose most of the tariffs. What a mess it will be if billions have to be refunded.
Can't read your own post, dumbass?
 
Who knows what they are doing? Depends on the news source or web site and their politics. We've entered an odd world where media is managed by ideology and not reality. Facts too are managed. I think for most of us they don't matter. Prices have always varied.

'Most of President Trump's tariffs are illegal, U.S. court rules'


'Trump Tariffs: Tracking the Economic Impact of the Trump Trade War'

 
After 80 years of propping up the world, the world needs to prop up the U.S and help them with their debt.

I never doubted the necessity of Trumps use of tariffs, I hope he doesn't sacrifice national security in other areas. It might one day lead to an even more powerful enemy in China who could end all of Western civilization.


  • S&P Global reaffirmed its AA+ credit rating and stable outlook last week owing in part to “robust tariff income,” which should help offset the impact of tax cuts and spending in the federal budget. While S&P doesn’t see meaningful improvement in the fiscal deficit, it doesn’t expect steep deterioration either. However, reciprocal tariffs face legal challenges and could be struck down.
Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get much worse. The bad news is that it won’t get much better, either.

A key factor for the deficit forecast is President Donald Trump’s tariffs, which should help offset the impact of tax cuts and spending in the federal budget.

S&P reaffirmed its AA+ rating on U.S. debt last week, citing the overall strength of the economy, institutions that provide effective checks and balances, proactive monetary policy, and the dollar’s status as the world’s top reserve currency.

The outlook on the credit rating, which is a notch below the top AAA grade, remains stable because the deficit won’t muddy the picture.

“This incorporates our view that changes underway in domestic and international policies won’t weigh on the resilience and diversity of the U.S. economy,” S&P said in a statement. “And in turn, broad revenue buoyancy, including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases.”
Is this the dumbest thread ever?

It might be.
 
Hmm

I wonder if there is another way to reduce the debt that is both more efficient and doesnt transfer the burden to lower earners and doesn't ruin people's lives and doesn't cause stagflation and doesn't stifle economic growth?

This thread is like praising Trump for getting rid of DC's rat problem by dropping a nuke on DC.
 
Hmm

I wonder if there is another way to reduce the debt that is both more efficient and doesnt transfer the burden to lower earners and doesn't ruin people's lives and doesn't cause stagflation and doesn't stifle economic growth?

This thread is like praising Trump for getting rid of DC's rat problem by dropping a nuke on DC.
I provided a link to an objective source, why do you treat me like a diseased dog for sharing facts?
 
The impression i got was praise.

If you say you aren't doing that, I believe you.
Praise may be too strong a word.

In this instance, understanding history and the fact that America has the largest, most powerful military in the world; I would say I am "prudently and pragmatically supportive".
 
So, youre a bootlicker, then. ;)
No, I am definitely not that.

I'd like to see America AND Canada succeed. I'd also like to avoid a 3rd World War. As a victim of big government abuses, I have to balance my respect and admiration for America with the reality of the abuses that occur in my country while also hoping America doesn't one day see a need to expand due to their debt issue.

All I have is my word and in a nation that abuses the righteous, it's difficult.
 

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