Incompetence comes with a price tag(s)

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Definitely. This is a case where politics (normally forbidden on this board) are very relevant to global economics, and our place in those economics. By solidifying the Russia-China-India alliance, we (i.e. POTUS, specifically) are weakening our economic alliances. Those three nations are three parts of the acronym “BRIC”. BRIC represents a huge manufacturing and economic base. Strengthening their alliance weakens our position in global economics.

India was always a bit shaky with respect to the west. This Administration’s actions have destroyed that, pushing Modi firmly into the Russia/China sphere of influence. This only helps Russia (and China), and hurts pretty much everyone else.

Boneheaded incompetence. Oh…and I recently saw this article…Modi and POTUS haven’t spoken since June because POTUS so infuriated Modi, and completely unnecessarily. Not a bright thing to do if you want to negatively affect the Russian economy (to support Ukraine), and positively affect ours.

https://www.nytimes.com/2025/08/30/us/politics/trump-modi-india.html

During a phone call on June 17, Mr. Trump brought it up again, saying how proud he was of ending the military escalation. He mentioned that Pakistan was going to nominate him for the Nobel Peace Prize, an honor for which he had been openly campaigning. The not-so-subtle implication, according to people familiar with the call, was that Mr. Modi should do the same.

The Indian leader bristled. He told Mr. Trump that U.S. involvement had nothing to do with the recent cease-fire. It had been settled directly between India and Pakistan.

Mr. Trump largely brushed off Mr. Modi’s comments, but the disagreement — and Mr. Modi’s refusal to engage on the Nobel — has played an outsize role in the souring relationship between the two leaders, whose once-close ties go back to Mr. Trump’s first term.

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Never mind this:

The overt displays of intimacy were widely regarded by observers as a telling message of defiance aimed at their western counterparts, in particular Donald Trump, who just a few days earlier had slapped India with 50% import tariffs, among the harshest of the US president’s trade penalties

…

Particular umbrage was taken in New Delhi at Trump’s attempts to use tariffs to shape India’s policies..

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„How about we all stood up together in order to finish with this undignified groveling?“ … „Shshsh!!!“

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The courts ruled last week that the tariffs were null and void. POTUS overstepped his authority. Congress can impose the tariffs, if they choose. Not quite sure how that will shake out. 1poorkid just had to be an additional $34 “duty” to DHL before they would deliver a package from overseas. In principle, all that should be gone with the court ruling.

Which won’t matter to India. Damage already has been done, and could take a generation of sensible US administrations to undo.

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I don’t think it is ‘all’ tariffs. I believe this does not impact the tariffs based on a national security premise. I’m sure someone will provide further confirmation of that.

JimA

I would defer to a lawyer. But my understanding is that all the tariffs he imposed are illegal. The “emergency” was non-existent, and would only have allowed an imposition of 30 days maximum (we’re already well beyond that). So, yes, all the tariffs imposed should be gone now.

The Administration’s defense last week was “it would be embarrassing if we had to go back now”. Seriously. That was their defense.

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“Your honor, you cannot find me guilty of the crime I committed, because that would be embarrassing”

This administration itself is an embarrassment. And yes, the damage will take a very long time to fix. Even if this administration was removed tomorrow.

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Here is what I found at Reuters: https://www.reuters.com/business/us-court-ruling-trumps-tariffs-fuels-market-uncertainty-2025-09-02/

Essentially: “The court allowed the tariffs to remain in place through October 14 to give the Trump administration a chance to file an appeal with the U.S. Supreme Court. But the verdict did not affect tariffs slapped on steel and aluminum.”

JimA

OK. The article I read was “breaking news”. Yours is more current, hopefully with more complete information. That wasn’t in the original breaking story I read.

Really silly to give them till Oct 14. First, it’s really open and shut. And, second, it should take 6 weeks to file an appeal.

The initial take, besides being “embarrassing”, was that the government potentially would have to pay back billions in illegal tariffs. That, itself, would be a huge undertaking. Are they going to track down every person (like 1poorkid), and pay them their “duty” back ($34 in her case)? Probably millions of small transactions like that.

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Correct, which is as you later stated, does not do anything about the steel and aluminum tariffs.

Of course, now one wonders if/when someone will file suit on those - that there is no national security premise either - but my guess is there is a lot more wiggle room since “national security” is not defined in the act that specifies such is necessary (go figure!).

https://www.congress.gov/crs-product/IF13006

… and „economic disaster“ would he a certainty (apparently the economy is now dependent on his tariffs - whereas we thought stocks tanked when first enacted):

“There is no substitute for the tariffs and deals that President Trump has made,” the Trump administration said in an Aug. 11 filing with the appeals court. "If the United States were forced to unwind these historic agreements, the president believes that a forced dissolution to these agreements could lead to a 1929-style result. In such a scenario, people would be forced from their homes, millions of jobs would be eliminated [and] hard-working Americans would lose their savings. The economic consequences would be ruinous.

https://finance.yahoo.com/news/commentary-trump-says-a-depression-is-coming-heres-the-real-risk-190619967.html

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To clarify, the only tariffs that aren’t affected are the Section 232 tariffs. These include the steel, aluminum, autos, auto parts, and copper tariffs.

The administration is currently investigating lots of other stuff to tariff under Section 232.

Sounds like a pretty good argument for not allowing one deranged lunatic to implement tariff policy.

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Never come off a certain way with the Indian public. You’ll be zeroed out.