Are tariffs taxes on Americans? The fate of blanket tariffs appears to hinge on questions Trump has evaded for years.

The Supreme Court began its highly anticipated consideration of President Trump’s sweeping blanket tariffs on Wednesday, with the lawyer for the government making an audacious case.

Trump’s duties "are not revenue-raising tariffs," US Solicitor General D. John Sauer argued before the court, calling the tens of billions of dollars currently being brought in each month "only incidental."

He went further, saying Trump has based his moves this year "not on the power to tax." What Trump is imposing, he said, "are clearly regulatory tariffs, not taxes."

The argument was met with immediate skepticism, leading both legal experts and the markets to conclude Wednesday that these blanket tariffs — a centerpiece of President Trump’s trade program — may be in peril.

https://finance.yahoo.com/news/are-tariffs-taxes-on-americans-the-fate-of-blanket-tariffs-appears-to-hinge-on-questions-trump-has-evaded-for-years-203827145.html

Uh huh.