Thursday, February 26, 2026

Trump DEFIES Supreme Court & Orders NEW 15% Tariffs For Every Country On Earth! (Jimmy Dore)


Jimmy discusses President Trump’s announcement that the government will be raising global tariffs to 15% as a sort of “end-around” effort after the Supreme Court struck down his earlier tariff authority. Jimmy points out that even conservative justices, including two appointed by Trump, ruled against the previous tariff plan, prompting the administration to pursue a new legal strategy that may also face court challenges.

The segment examines confusion within the White House, uncertainty in global markets, and debate over whether trade deficits qualify as balance-of-payments deficits under the law. Jimmy frames the situation as economic and legal chaos, and also questions how collected tariff revenues would be repaid if the courts invalidate the new measures
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The US should be able to raise trade barriers against the rest of the world, the only question is how. The big issue is that other countries engage in protectionist practices, so why should the USA simply have an open door trade policy? 

[Posted at the SpookyWeather2 blog, February 26, 2026.]

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