Trump’s Tariffs Tossed, China’s Rare Earths Still Glittering
In a 7-4 appellate court spank on August 29, Trump’s global tariffs were largely declared illegal under the International Emergency Economic Powers Act — apparently his ‘emergency’ was about as plausible as a fire drill during a nap. Despite this, the Trump team screams on Truth Social that ‘ALL TARIFFS ARE STILL IN EFFECT!’ — a plot twist more confusing than an IKEA manual in Mandarin. Meanwhile, the U.S. juggles 10-50% tariffs on India, Canada (35%), Mexico (25%), and Brazil’s beloved 50% special, all while trying to make sense of a tariff reset to 15% that economists say was based on errors worthy of a Mad Libs game. Rare earth minerals flow cautiously from China as the de minimis exemption tanked huge import parcels. Kush Desai confidently insists Trump played by the rules, promising victory like a tourist with a ‘World’s Best Boss’ mug. Game on, Supreme Court!
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When your ‘emergency’ tariff powers get thrown out but you still declare them ‘ALL IN EFFECT,’ you might be the only one confusing the Supreme Court with a WWE cage match.
Trump’s tariffs got invalidated so fast even his Truth Social screams haven’t caught up. Emergency powers? More like emergency powders, because this ruling dusted all those border taxes clean.
Nothing says ‘national security’ like slapping Brazil with 50% tariffs because Bolsonaro got political drama. This trade saga feels like half reality TV, half confused math class.
Source: Axios | Published: 8/29/2025 | Author: Jason Lalljee
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