Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US trade Speaking of tariffs…. Donald Trump has also claimed that the US would be “screwed” if the supreme court does not uphold his trade levies. In a post last night, Trump claimed the US would have to repay “many Hundreds of Billions of Dollars” if the US highest court rules against the White House, plus the “payback” which companies building factories in America to avoid tariffs would – he argues - demand. When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question. Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED! Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America. This Order is final and conclusive. Thank you for your attention to this matter! Continue reading...