Catherine Rampell
๐ค SpeakerAppearances Over Time
Podcast Appearances
So that's one possibility.
Now, a lot of companies have already been counting on that happening.
So you may not actually see a big change in behavior.
Like they're already assuming that the tariff money is coming back.
to them.
And so that's part of the reason why they may not have been raising prices as much as had been predicted or haven't been cutting back as much.
So I think you'll see some limited stimulus, ironically, from the Supreme Court, like undercutting Donald Trump's primary economic agenda.
So you'll see that.
I don't think you'll see prices come down.
Oh, yeah.
So that was, yeah, that was going to be part two of all of this, which is that the Trump administration has already been lining up alternative tariff mechanisms, which, to be clear, they could have been doing all along.
Like there are a bunch of things that they could have done that would be on more solid legal footing than what Trump has been doing.
But
they require some process and an investigation and reports and things like that, not just Trump like sneeze tweeting a new tariff rate.
So, yes, they're already lining that stuff up.
And to some extent, they could probably cobble together the same kinds of tariffs that they or at least
similar tariffs to what they've been doing just through a different legal authority, those will still be challenged.
They take a little bit longer to put in place.
And they might be a little bit harder for him to use as leverage when he's beating up on our allies, right?
Because he can't just like suddenly say, aha, you France, you've pissed me off today.