They say you never forget your first time! I would agree. Of course, I am speaking about tariffs. I just paid my first one. I sent US$42,000 to the US Customs and Border Protection to pay for green coffee we recently shipped from our farm in Brazil to the US. The Trump Administration argued in front of the Supreme Court last week that it was a matter of national security that they receive my $42,000. In released audio, the court judges appeared to be skeptical. The legitimacy of President Trump bypassing Congress to enact tariffs at will, has been challenged at the highest level, with the Supreme Court decision having a major impact that could result in either an abrupt end to tariffs, or creating new legal precedent, giving the President even more executive authority to enact taxes on anyone or anything without any checks and balances. By this point, we would hope that most readers have come to understand that tariffs are in essence, a tax on American consumers. Some have argued that the tariffs don’t appear to be as inflationary as originally thought. I remember seeing back in September, people arguing that there had not been any…
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