You know, Lutnick specifically makes money off of any tariffs that are refunded.

Now, obviously, Trump's tariffs are constitutional. It's right there in the Constitution.

Supreme Court rules most of Trump's tariffs are illegal. Well, no, they're just invalid.

The Supreme Court ruling in Learning Resources Inc. versus Trump, signed on February 20th, 2026, invalidates tariffs imposed by President Trump under the International Emergency Economic Powers Act.

The IEEPA-based tariffs accounted for approximately 75% of all tariffs imposed by Trump since 2025, potentially requiring refunds up to $175 billion in collective duties.

And Trump is going to come back with these IEPA-based systems and basically replace those with the military national security grounds. And that is what I predict as soon as Trump comes out.

Counter Fitzgerald, the firm run by Commerce Secretary Howard Ludnick's sons, has been buying up the rights of tariff refunds. 25 cents of the dollar. Purportedly billions and billions and billions of dollars.

Canada put a 300% tariff on us.

Back in June, we had the first month in which the American people had an actual surplus, meaning the government took in more money than it paid out. That is an extraordinary accomplishment.

NPR cited numbers from the budget lab at Yale showing an increase on average tax for imported goods to the United States at 18% in November, up from 2.4% before Trump got back into office. That price is getting passed on to the consumer, and the tariffs have shown no sign of encouraging domestic manufacturing and a turning away from imports. It's all just a tax.

And you got the Supreme Court getting ready. It looks like, I hope Luttnick's right. They're signaling they're getting ready to slap down the tariffs.