Trump Tariffs vs. Supreme Court: Howard Lutnickās Fantasy League
In the premiere episode of 'The Axios Show,' Commerce Secretary Howard Lutnick bravely dismissed the Supreme Court striking down Trump's tariffsābecause apparently, thinking about problems is 'a waste of time.' Meanwhile, Treasury Secretary Scott Bessent warns of up to hundreds of billions in refund hell if IEEPA authority crumbles. Lutnick, who thinks the high court will wave his magic wand overruling two judicial defeats, bets the real trade treasure lies in Section 232 steel and aluminum tariffs, not the shaky IEEPA ones that hold 71% of tariff revenue hostage. Tune in November for what might be the economy's weirdest courtroom drama since McDonald's tried to sue the Monopoly game.
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'To think about silly things is a waste of time,' says Commerce Secretary as Trump tariffs gamble burns billions. That āworst case scenarioā sounds like my dating life but with more aluminum and less dignity.
Howard Lutnickās confidence in Trump tariffs versus the Supreme Court is like bringing a butter knife to a gunfight in a courtroomāexcept butter knives are steel and aluminum according to Section 232.
Warning: Treasury Secretary talks dollar refunds; Commerce Secretary says donāt worry, be happy. Itās like a financial Twilight Zone where ignorance isnāt bliss, itās a trade policy.
Source: Axios | Published: 9/12/2025 | Author: Ben Berkowitz
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