Supreme Court Smokes Out Trump's Tariff Agenda

The High Court's Verdict: Unconstitutional Fo Shizzle

Aight check it. The Supreme Court just dropped a bomb on some of Trump's tariffs sayin' they ain't cool under the International Emergency Economic Powers Act of '77. That's like tellin' a dude he can't just roll up and start taxin' everybody without a good reason. But hold up before you start celebrating like it's 4/20 every day there's more to this story word.

Section 232: The Tariffs That Still Blaze

Now peep this. The court's decision ain't touchin' tariffs under Section 232 of the Trade Expansion Act. These are the ones aimed at protectin' national security supposedly. So steel aluminum and some other stuff are still gettin' taxed. That means your favorite auto parts your furniture and even your soda cans might still cost ya a lil' more. To fully understand the domino effect read more on Stellantis Stock Nosedive A Griffin Family Catastrophe.

Auto Industry in the Crosshairs: Still Paying the Price

The auto industry is still sittin' low ridin' on fumes of uncertainty. Even with some deals cut with countries like the UK and Japan companies like GM and Ford are still shellin' out billions for tariffs. GM expectin' to cough up $3 to $4 billion this year alone. That's like losin' a whole lotta Snoop Bucks feel me?

Pharma Blues: Uncertainty Remains

The pharmaceutical game is lookin' shaky too. Trump threatened some serious tariffs on imported drugs talkin' 'bout a possible 250% hike. That would have folks singin' the blues. Some companies made deals to lower prices and invest in U.S. manufacturing in exchange for a tariff pass. But who knows what tomorrow brings right?

Furniture Facing the Fire: Inflation and Tariffs

The furniture biz ain't relaxin' anytime soon. Those 25% tariffs on couches and cabinets are stickin' around and they might even double by 2027. Plus with interest rates and inflation creepin' up smaller companies are gettin' squeezed and even the big boys are feelin' the heat. It's a dog eat dog world out there ya know?

Food and Drinks: Higher Costs Percolating

And don't think your snacks and drinks are safe cause they ain't. With tariffs on aluminum still in effect companies like Coke and Pepsi are payin' more to can up your favorite beverages. Some relief came with exemptions on certain agricultural products but overall costs are still up. Gotta keep those pockets heavy otherwise... you know the rest.