Trump's Tariff Drama: They're Baaaack! 😱

The Deets

Alright, fam, gather 'round 'cause this is some complicated tea. Basically, Trump was like, "Imma put tariffs on everyone!" And he did. But then, a court checked him and said he was overstepping, using emergency powers when it wasn't really an emergency.

The court was all, "Where's the proof these tariffs are even stopping fentanyl? 🤔" Apparently, Trump's squad didn't really have receipts. So, the court yeeted those tariffs outta here... for a hot sec.

BUT WAIT, there's more! Another court just hit the uno reverse card and said, "Nah, those tariffs can stay...for now." They're gonna keep looking into it, and everyone's got deadlines to submit their takes. Like, the people who sued gotta respond by June 5th. 👀

Canada's Prime Minister Carney was low-key relieved when the first court said no to the tariffs, but now he's probably face-palming. The Finance Minister Champagne is trying to keep it chill, saying their goals for Canadian workers haven't changed. But let's be real, they're probably stressin'. 😬

And the Trump squad? They're feeling themselves! Saying the first court was doing "judicial overreach" and hinting they're ready to take this all the way to the Supreme Court and are low key tryna find the judges. They want everyone to know that trade talks gotta keep going with the USA.

The tariffs include a 10% tariff on almost every country. Higher rates were announced for some countries like Mexico, Canada and China. Additional tariffs of 25% were applied on steel, aluminum, and cars.

The markets initially went up when the news dropped, but the good vibes faded fast when they heard about the upcoming legal battle. This sitch is still developing, so keep your eyes peeled, bestie!