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Source document· November 3, 2025

Toymaker Gears Up for Supreme Court Fight Over Trump’s Tariffs

View original at finance.yahoo.com
Toymaker Gears Up for Supreme Court Fight Over Trump’s Tariffs (Bloomberg) — Ask Rick Woldenberg why he’s challenging President Donald Trump’s tariffs at the US Supreme Court, and he might mention a furry unicorn yoga ball…
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  • THE MOST IMPORTANT CASE EVER IS IN THE UNITED STATES SUPREME COURT

    80% confidence
  • He doesn't personally tell himself he's taking on Donald Trump, but advocating for himself, people who depend on the company, and issues important to every American

    80% confidence
  • He was shocked that those with much more power and money did not step up to challenge the tariffs

    80% confidence
  • When taken all together, Trump's tariffs clearly are a net benefit for the country and for American workers

    80% confidence
  • Tariffs will raise revenue, open up foreign markets, and bring manufacturing jobs back to the US

    80% confidence
  • We paid a $50,000 penalty for the BubblePlush shipment arriving six hours late before the 50% India tariff took effect

    80% confidence
  • He won't take help from non-Americans or anyone with political affiliations and is not a front for anyone else

    80% confidence
  • Expected tariff bill for 2025 is $20-30 million, far above last year's $2.3 million

    80% confidence
  • Manufacturing overseas reflects longstanding industry practice due to lower labor costs abroad, not because companies don't invest in America

    80% confidence
  • The companies are like itinerant refugees in how they make products, going from jurisdiction to jurisdiction, and no matter what they guess, it seems wrong

    80% confidence
  • He doesn't think he will attend oral arguments, reversing himself after suggesting he might watch proceedings in person, to avoid deflecting from the importance of the decision

    80% confidence
  • The administration has backup plans and the president's trade team is working diligently on contingency plans if tariffs are struck down

    80% confidence
  • To the president, these cases present a stark choice: With tariffs, we are a rich nation; without tariffs, we are a poor nation

    80% confidence
  • The tariffs have already helped secure multiple trade deals that level the playing field for American workers and industries and are securing trillions in investments to make and hire in America

    80% confidence
  • The president has no power to impose taxes on American citizens without the authorization of Congress, and tariffs are taxes on American importers

    80% confidence
  • He expects to incur millions of dollars in legal bills even after accepting contributions from unnamed outsiders

    80% confidence
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