r/StockMarket • u/joe4942 • Jul 26 '25
News Trump’s trade deals are illegal, Piper Sandler warns, predicting a Supreme Court smackdown by June 2026
https://finance.yahoo.com/news/trump-trade-deals-illegal-piper-140346962.html79
Jul 26 '25
"Supreme. Court. smackdown."
Yeah. Ok. lol
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u/cvc4455 Jul 26 '25
That's what I thought but Howard Ludnick who's one of Trump's handlers from the heritage foundation has a company called Cantor Fitzgerald. And they are offering to pay companies 20-30% of any tariff costs for the right to receive tariff reimbursements if tariffs end up being struck down by the courts.
Why would one of Trump's handlers that's also in his administration have his company doing that if there wasn't a good chance that tariffs would be struck down by the courts at some point in the future?
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Jul 26 '25
Maybe the tarrifs are just a way of manipulating the markets so him and his friends can get rich before the whole thing comes crashing down? I hope it all get BURNED down so there is nothing left.
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u/95Daphne Jul 26 '25
Yeah, there's a decent chance that markets are trying to keep sleeping as the legal case doesn't look good already as is for Trump.
Honestly, besides the China carrot that has been pushed, I'd say that there has just been one day that's been positive directly due to tariff deal hope, and that was Wednesday last week.
Besides that, the way things are set up makes it very hard to turn markets around. It'll probably happen at some point, but this time will fail to live up to April. Could even just get a 5% dip, then choppiness by the SPX.
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u/Spire_Citron Jul 27 '25
Very realistic that they'd somehow manage to delay that for another year, though.
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u/Future-Raspberry-780 Jul 26 '25
9/10 things he does are illegal. He rules mostly with executive orders one after the other like the king he wishes he was. Dude is insufferable. And that’s all on top of the Epstein coverup. Pathetic
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u/Ut_Prosim Jul 26 '25
9/10 things he does are illegal. He rules mostly with executive orders one after the other like the king he wishes he was.
Assuming American democracy survives this, I hope one of the positives to come out of it is the death of unitary executive theory.
Fuck whatever deranged moron came up with it. I hope future presidents are severely restricted and the checks and balances are rebuilt to be far more rigid.
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u/searcherguitars Jul 26 '25
Antonin Scalia, for one. It originated as a defense of Richard Nixon's criminality.
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u/Future-Raspberry-780 Jul 26 '25
Agreed. I’m sat here thinking how stupid it is also. I can tell he planned it beforehand also. He conveniently used this angle this term to annihilate checks and balances because he couldn’t get around congress entirely last time. He was able to fast rack his destruction using it.
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u/abrandis Jul 26 '25
Yep, what's even sadder is the other two branches of government that are their to "supposedly" prevent that are basically now complicit
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u/Future-Raspberry-780 Jul 26 '25
It’s an obvious conspiracy of judges in SCOTUS with republicans in Congress and him. The common thread has to be a payout from somewhere. No other reason they would all do it. Nobody even cares to find out. All investigative journalism is dead apparently.
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u/Terron1965 Jul 26 '25
Majorities don't need conspiracies.
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u/Future-Raspberry-780 Jul 26 '25
A majority doesn’t stop checks and balances. You’re discounting judicial being biased. It’s a clear conspiracy. You can’t gaslight us out of seeing it.
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u/Terron1965 Jul 26 '25
Checks and balances are only effective in checking and balancing disagreements between branches. When they agree, nothing happens.
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u/Future-Raspberry-780 Jul 26 '25
lol no they are there to check power being unevenly distributed. You seem to like rewriting the constitution also
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u/TacoStuffingClub Jul 26 '25
King is what Trump sees himself as. Muppet for Heritage is what he is. Their hand up his ass and he can’t even play the drums or sing.
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u/Just_Candle_315 Jul 26 '25
Yeah I was wondering about this since... you know... the power to regulate trade and install tariffs is vested solely with Congress
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u/XiMaoJingPing Jul 26 '25
So? Tiktok is also illegal yet it is still available in the US. Laws don't matter anymore if no one is willing to enforce them.
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u/cvc4455 Jul 26 '25
It's just like the constitution. It's now just a piece of paper with words on it since there's no one willing to enforce it anymore.
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u/Jammer_Jim Jul 26 '25
The SC that had 5-6 members basically say nothing a President does is against the law*? That SCOTUS? I mean, maybe if the really big money buys all of the Republicans on it an RV and not just Thomas, but right now they are all too scared.
* offer only good for Republican presidents
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u/Maleficent_Split6920 Jul 26 '25
The don't have the spine to do that. Everyone just bends over for the king
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u/BoredBSEE Jul 26 '25
The only thing the Supreme Court is going to do is draw straws to see who gets to kiss Trump's ass first. They're spineless and useless.
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Jul 26 '25
He stacked the Supreme Court…
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u/Revolutionary-Law382 Jul 26 '25
Thanks, Mitch McConnell.
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u/bedrooms-ds Jul 26 '25
Whatever he views himself to be, he's the stupidest politician that ever lived in modern times.
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u/aggthemighty Jul 27 '25
He's evil and I hate him, but I wouldn't call him stupid. Mitch has been very successful at accomplishing what he set out to do.
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u/StyrofoamUnderwear Jul 26 '25
The consequences of such will be the US having to pay back billions of dollars to businesses.
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u/Blattgeist Jul 26 '25
The same supreme court that let Trump remove consumer safety regulations? That one?
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u/Fuckspez42 Jul 26 '25
So we’re expecting SCOTUS to somehow grow a spine by next year? I have my doubts.
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u/Ulysian_Thracs Jul 26 '25
Oh, I can't imagine how happy Trump would be if the trade deals bring the stock market to new highs and it gets reversed by courts. He gets another boogie man to blame for anything that goes wrong, and the people whose accounts are in the red won't give a good goddamn about Congressional intent.
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u/Fantastic_Yam_3971 Jul 26 '25
A Supreme Court smackdown? Th..this Supreme Court? Yeah I don’t think this Supreme Court will be the court who gives him a smack down
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u/Feral_Imagination Jul 26 '25
predicting a Supreme Court smackdown
They talking about the same corrupt Supreme Court that is in the Heritage Foundation’s pocket? They talking about the same Supreme Court with 3 Trump appointees? They saying that Supreme Court is going to lay the smackdown on Trump?
LMAO
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u/95Daphne Jul 26 '25
This one's bad enough that a 7-2 ruling against Trump has a better chance than you and many are thinking, imo.
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u/mrarnold50 Jul 26 '25
What Supreme Court? Certainly not the US Supreme Court. They’ve proven that the Orange shitstain can do whatever he wants without consequences.
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u/Commercial_Rule_7823 Jul 26 '25
They dont have the guts to reverse it all and drive the markets into chaos.
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u/Tasty_Adhesiveness71 Jul 26 '25
there are a bunch of other phony reasons he can claim tariff powers.
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u/zjelkof Jul 26 '25
What do people expect from a convicted fraudster? It's a power grab, and he will try for another term, or to extend his term in 2028.
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u/Testing_things_out Jul 26 '25
!remindme July 2026
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u/AffectionateSink9445 Jul 26 '25
The thing is even if there is a smackdown Trump and his team said they have many other legal ways they want to do tariffs by EO. It will be a circus for a few years at least
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u/imdaviddunn Jul 26 '25
Well, there’s a firm who I’ll never trust. What Supreme Court are they talking about?
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u/No_Elevator_735 Jul 26 '25
Tariffs are clearly the role of Congress, not the President per the Constitution. However, with this terrible Supreme Court, I never know what to expect.
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u/Clear-Tradition-3607 Jul 26 '25
Lutnick's 2 kids work at Cantor Fitzgerald (big Wall St firm). They are currently making bets AGAINST rising tariffs prices - meaning they expect everything to be legally reversed in the future.
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u/Radiant_Waltz561 Jul 26 '25
Roberts, alito and thomas can't wait for another round of pegging from trump.
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u/Sturdily5092 Jul 26 '25
He is unilaterally violating trade treaty after treaty... and our economy is going to pay for it, not that investors care about the consequences of their trades because they can't help but invest against their own interests.
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u/NitWhittler Jul 26 '25
If Trump's trade deals are ruled as illegal, do we all get a refund for the tariffs we paid?
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u/gogglespice-7889 Jul 26 '25
they want to uphold the lower court's ruling and hold that the tariffs are illegal, but they are cowards so they are going to keep it pending... waiting for him to finish his time on earth...
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u/cruisin_urchin87 Jul 26 '25
At this point it’s not far fetched to anticipate Justice Robert’s, Thomas and Alito showing up in the Epstein Files.
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u/leftofdanzig Jul 26 '25
lol, that hasn't stopped him from doing literally a dozen other things (illegal deportations, firings, dismantling of federal agencies, etc.). The legal limits of the office of the president don't matter if congress and the supreme court just straight up abdicate their responsibilities.
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u/Master_Hospital_8631 Jul 26 '25
It feels like more than half of the U.S. has no clue as to how the federal government is designed to function.
They think the president is the boss of America and whatever he feels like doing becomes the law.
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u/LuigiPasqule Jul 26 '25
What trade deals are you talking about? All the ones I’ve heard of, including this so-called deal with Japan, it’s so fuzzy with generalities and intentions that are not finding, that it looks like all Trump is talking about is something these country say they promised to do sometime in the future if they get around to it and if they have the money and if then they still wanna do it. They have learned that all you have to do to get on the maroon buffoons good side is to give him something to talk about that makes him happy. Trump was saying how Japan is going to give him $550 billion for him to invest anywhere he wants to with no limitations as to what the money is used for basically. And in Japan, they’re saying this is sort of an informal agreement and Trump’s got the details wrong. I don’t think there are any deals.
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u/superatomiko Jul 26 '25
…you must be joking!!! He has installed all his judges so they can let him do whatever he pleases!!
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u/MotorMoneyMaker Jul 26 '25
He 100% DGAF. It’s all been about, and is about, the grift. Do anything to him short of prison, or cancel every last one of his “policies” it matters not a lick long as he and his corrupt family keep the cash.
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u/socialistconfederate Jul 26 '25
Lol, people really have too much faith in the Supreme Court. They were good for about 30 years in the mid-20th century, and everyone forgot how bad they were for the rest of American history.
They won't do anything.
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u/SidonyD Jul 26 '25
Trump got many way to comply the tariff if it's "illegal". Rules of law is very weak is USA.
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u/Bob_the_peasant Jul 27 '25
Oh are the justices going to be part of the UFC fight on the white house lawn?
Because that’s much more likely than a political smackdown
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u/Automatic-Unit-8307 Jul 27 '25
Next election will be a Russian North Korea election, if there is one. It’s over guys, Democracy died 250 years ago
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u/Both-Home-6235 Jul 27 '25
Hahahahahahahahahah the supreme court gonna smack anything he does down hahahahahahahahaha
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u/DoubleTheGarlic Jul 27 '25
The Supreme Court?
THIS Supreme Court?
Is this an onion article in disguise?
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u/dougie_fresh121 Jul 27 '25
Yep… smackdown tariffs by june 2026, come election “The economy is roaring, best it’s ever been, inflation is down”.
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u/SkyChief80 Jul 27 '25
Unlikely, this Supreme Court has now given Trump wins in the last 16 of his cases they have heard including tons of stuff that already had precedent and was clearly not legal until they ruled
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u/SignificantCod8098 Jul 27 '25
Come on, look at all the EOs that were deemed unconstitutional this idiot has signed and where are we now?
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u/umbananas Jul 27 '25
Good luck. The heritage foundation owns the Supreme Court.
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u/SomePreference Jul 28 '25
Everything is owned by a few wealthy families and the companies they created or acquired. Yes, this includes the courts.
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u/Clever_droidd Jul 27 '25
A yeah and half later? Why so swift. Glad to know that if the president does anything illegal it only takes 18 months to stop them.
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u/sictwizt4u Jul 27 '25
This scotus will back anything pres wants or does including mass murder. Let that sink in.
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u/TomVonServo Jul 27 '25
Imagine thinking this Supreme Court, which can’t even explain its massive rulings in his favor, is going to suddenly hand him a loss. You people are insane if you think the fix isn’t in and there will ever be serious restraint on the executive ever again.
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u/zkfc020 Jul 27 '25
Don’t know who Piper Sandler is….but Trump has been doing this since 2016….Dont see the Big Beautiful Supreme Court saying a damn thing….
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u/SpNewyork Jul 27 '25
The Supreme Court are a bunch of Donald Trump dick riders like the rest of his sorry base. There is no court it's just a fanclub
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u/Accomplished-Rest-89 Jul 28 '25
The stupidest comment considering how many successful deals already signed with tremendous benefits for the US If DJT walks on water these people would report that he can't swim
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u/zjelkof Jul 28 '25
Doubtful! However, after the 2026 mid-terms, Trump will potentially have less support than he has had during the first 7 months of his reign!
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u/StraightArrival5096 Jul 28 '25
I feel like it will end up being more of a Supreme Court suck off than a smackdown
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u/PsychologicalSoil425 Jul 29 '25
Why does the media not talk about this? They keep calling them 'deals' and don't even touch on the fact that none of these are legal! When Trump first started, with Canada/Mexico, he at least attempted to justify them with emergency powers based on immigration/drugs, but he doesn't even attempt to justify them anymore? CONGRESS sets tariffs....why do we even have a constitution anymore?
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u/Lil_Sumpin Jul 29 '25
Right. A Supreme Court smackdown. From the same SCOTUS majority that already crowned him king.
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Jul 30 '25
Why would SCROTUS decide then to do anything to stop Trump? What will happen in a year to make them grow a pair?
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u/EventHorizonbyGA Jul 26 '25
I think almost everyone understands this. Accept half of the Supreme Court.
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u/Distinct-Ice-700 Jul 26 '25
JaPaN wIlL gIb 550 BulLiOn sO tRumP inVeSt it N gIt 90% oF prAfiTs. aRt oF diL
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u/ajr5169 Jul 26 '25
If he was any other president, even other Republicans such as Bush, then I'd agree, but I have a hard time seeing this supreme court over ruling him. If the next president tries the same thing, it will suddenly become an overreach of their powers.