XPost: law.court.federal, alt.politics.republicans, sac.politics   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns   
   From: leroysoetoro@americans-first.com   
      
   https://nypost.com/2026/02/20/business/here-are-all-the-tariffs-staying-   
   in-place-after-supreme-court-ruling/   
      
   The Supreme Court on Friday struck down a crucial batch of President   
   Trump’s tariffs – but there are still plenty of high levies on certain   
   industries that will stay in place.   
      
   Tariffs imposed under the International Emergency Economic Powers Act   
   (IEEPA) to crack down on trade imbalances and fentanyl smuggling surpassed   
   Trump’s presidential authority, the Supreme Court ruled in a 6-3 decision.   
      
   The ruling does not, however, discard tariffs enacted by the Trump   
   administration using Section 232 of the Trade Expansion Act of 1962 – a   
   provision meant to protect US national security.   
      
   Many of Trump’s so-called “reciprocal” tariffs on foreign nations have   
   been tossed out, though the president has warned there are other ways for   
   him to enforce the import taxes.   
      
   Here are all the industries still facing steep tariffs as of Friday.   
      
   Foreign vehicles and auto parts are still facing 25% tariffs, which Trump   
   slapped on the sector last year in an attempt to push automakers to boost   
   manufacturing in the US.   
      
   The White House has reached deals with several foreign nations, including   
   the UK and Japan, to lower these auto tariffs to 10% to 15%. The Trump   
   administration also announced a deal with South Korea, though it is   
   unclear whether rates on the nation have been lowered yet.   
      
   In the meantime, automakers based in the US and overseas have reported   
   multi-billion dollar charges as they struggle to swallow the tariffs and   
   rearrange their supply chains.   
      
   Mercedes-Benz last week said its 2025 earnings were more than halved on a   
   massive $1.2 billion hit related to the tariffs – and warned that more   
   challenges are on the way.   
      
   Ford’s tariff bill last year was about $2 billion, and the company has   
   said it’s expecting to incur similar charges this year.   
      
   “We are studying the effects of the Supreme Court’s decision and assessing   
   its implications,” a Ford spokesperson told The Post in a Friday   
   statement.   
      
   “We will continue to work with the Administration and Congress on policies   
   that promote a strong and globally competitive US auto sector.”   
      
   General Motors reported a $3.1 billion tariff charge in 2025 and said it’s   
   anticipating another $3 billion to $4 billion hit in 2026 – even as it   
   works to ramp up US vehicle production.   
      
   Nissan has also increased its domestic production plans, yet it still   
   expects a roughly $2 billion hit to earnings in 2026.   
      
   Nissan said it is evaluating the impact of Friday’s decision on its   
   business.   
      
   Furniture   
   Americans are also unlikely to see prices fall on furniture anytime soon.   
      
   Trump last year slapped 25% tariffs on upholstered couches, kitchen   
   cabinets and vanities using Section 232. The rate is set to jump to 50% in   
   2027.   
      
   Furniture is one of the most tariff-sensitive sectors, since the bulk of   
   these goods are imported.   
      
   Trump also placed a 10% Section 232 tariff on timber and lumber imports.   
      
   Steel and aluminum   
   Steel and aluminum imports are still facing 50% tariffs.   
      
   That’s bad news for companies selling home appliances and electronics, as   
   well as soda and beer brands that sell their drinks in aluminum cans.   
      
   Semiconductors   
   Trump’s 25% tariff on certain semiconductors and chipmaking equipment will   
   also remain in place.   
      
   These tariffs took effect last month.   
      
   Pharmaceuticals   
   Trump has held off on slapping tariffs as high as 250% on pharmaceuticals   
   after reaching deals with several major drugmakers.   
      
   If he reverses this decision and places import taxes on foreign drugs, it   
   would be using Section 232 – so these tariffs would remain in place.   
      
   In December, nine of the largest pharmaceutical companies – including   
   Merck, Bristol Meyers Squibb, Amgen, Gilead, GSK, Sanofi, Genentech,   
   Boehringer Ingelheim and Novartis – agreed to voluntarily lower drug   
   prices to avoid tariffs for at least three years.   
      
   The tariff threats are an attempt to get drugmakers to increase US   
   production.   
      
   https://nypost.com/2026/02/20/business/here-are-all-the-tariffs-staying-   
   in-place-after-supreme-court-ruling/   
      
      
   --   
   November 5, 2024 - Congratulations President Donald Trump.  We look   
   forward to America being great again.   
      
   We live in a time where intelligent people are being silenced so that   
   stupid people won't be offended.   
      
   Every day is an IQ test. Some pass, some, not so much.   
      
   Thank you for cleaning up the disasters of the 2008-2017, 2020-2024 Obama   
   / Biden / Harris fiascos, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)