Trade Wars and Tariffs

#4,928
#4,928
jmacvols1 said:
nope.

....and the TDS is not going unnoticed in how the left is cheering that the US loses trade issues and foreign countries continue to have triple digit tarriffs on US imports to their countries.
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No, the "TDS" is people wanting the Constitution being followed.

Its not the effectiveness of the trade policy that Im pointing out. Its the absolute flimsy BS and asinine rationale to try to get around the Constitution....
 
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#4,929
#4,929
The markets, once again, happy that that Trump's tariffs have (for now) been blocked.

The sprint by Donnie from the WH to SCOTUS will set land speed records.

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#4,931
#4,931
The world is watching and laughing at you, Donnie.

Perhaps you should consider a new moniker, eh.

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#4,934
#4,934
BigOrangeMojo said:
No, the "TDS" is people wanting the Constitution being followed.

Its not the effectiveness of the trade policy that Im pointing out. Its the absolute flimsy BS and asinine rationale to try to get around the Constitution....
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Trump was following the law...just liked crooked Joe when he imposed tarriffs
 
#4,935
#4,935
MontyPython said:
Read the ruling. Some of Trump’s tariffs are unaffected. Most, however, are overturned.

Trump's tariffs debacle was a stupid, illegal gambit by an ignorant clod whose concept of fancy is a well-done fillet topped with catsup.
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It's basically just another example of Russell Vought and the other Federalist Society loons, trying to legitimize the 'Unitary Executive Theory'.
 
#4,936
#4,936
jmacvols1 said:
they don't necessarily have to have empty shelves if they buy American made products. Many companies can avoid the tariffs by having their products made in the US rather than China.

and where was all this hand wringing at when Biden caused inflation to skyrocket then blamed businesses for price gouging when inflation is only caused by the gov't overspending? Biden had the gov't investigate specific products and profits made on those products.

"Options range from things like industry-wide investigations by the Federal Trade Commission (FTC), other government investigations into specific products and company profits, pushing for new Capitol Hill legislation on the issue, or even price controls via executive order.

If some of those options sound familiar, that's because many of these tools were considered and even employed during Joe Biden's presidency as part of the then-Democratic charges of "price gouging" amid inflation. Formal inquiries were even launched in certain areas like meatpacking."

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finance.yahoo.com

as I have said many times, even if tarriffs cause a slight rise in prices- inflation, inflation will still be far lower than it was under Biden
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The problem is there are few American made.
 
#4,937
#4,937
jmacvols1 said:
Trump was following the law...just liked crooked Joe when he imposed tarriffs
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So you are equating sweeping across the board tarrifs with tariffs against two countries. And you don't see the difference? You don't see how it's hard to argue emergency against the entire world vs two of our most strategic enemies? IMO potus shouldn't be able to tarrifs at all. But you are looney tunes
 
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#4,938
#4,938
jmacvols1 said:
Trump was following the law...just liked crooked Joe when he imposed tarriffs
Click to expand...

Whatchaboutism is strong here....

He overstepped. Some of what Biden did probably overstepped in China.

Biden didnt have the other 220 countries plus Penguins that got caught up in this "emergency"
 
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#4,939
#4,939
volfanhill said:
So you are equating sweeping across the board tarrifs with tariffs against two countries. And you don't see the difference? You don't see how it's hard to argue emergency against the entire world vs two of our most strategic enemies? IMO potus shouldn't be able to tarrifs at all. But you are looney tunes
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number of countries does not matter.....if Biden had the right to impose tarriffs for whatever reasons he had then Trump has the same right under the same laws for his reasons....everyone is supposed to be treated equally under the law.
 
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#4,941
#4,941
jmacvols1 said:
number of countries does not matter.....if Biden had the right to impose tarriffs for whatever reasons he had the Trump has the same right under the same laws for his reasons....everyone is supposed to be treated equally under the law.
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Reasons do matter. You can do it if it's an emergency. No one challenged Biden's. Trumps got challenged. He lost. Build a bridge. I don't know how you can argue with a straight face Trump has the ability to drop blanket tarrifs.
 
#4,943
#4,943
BigOrangeMojo said:
Whatchaboutism is strong here....

He overstepped. Some of what Biden did probably overstepped in China.

Biden didnt have the other 220 countries plus Penguins that got caught up in this "emergency"
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I won't take the time to look it all up but many countries had triple digit tarriffs on US imports or very high double digit giving Trump the right under law to do what he is doing.

from an earlier post I made:

Live Monitor
@amlivemon
·
President can use Section 232 of the Trade Expansion Act of 1962 for national security reasons, and Section 338 of the Tariff Act of 1930 for discriminatory trade practices. Additionally, the International Emergency Economic Powers Act (IEEPA) grants the President broad authority to impose tariffs in national emergency situations.Trump had already invoked these very reasonings. The court is out of bounds here
 
#4,944
#4,944
jmacvols1 said:
I won't take the time to look it all up but many countries had triple digit tarriffs on US imports or very high double digit giving Trump the right under law to do what he is doing.

from an earlier post I made:

Live Monitor
@amlivemon
·
President can use Section 232 of the Trade Expansion Act of 1962 for national security reasons, and Section 338 of the Tariff Act of 1930 for discriminatory trade practices. Additionally, the International Emergency Economic Powers Act (IEEPA) grants the President broad authority to impose tariffs in national emergency situations.Trump had already invoked these very reasonings. The court is out of bounds here
Click to expand...

Most didnt. Hell, the tariff rates they used on liberation day was largely wrong.

If we were talking China plus a few other bad actors, Im with you. But 220 countries.....
 
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#4,945
#4,945
volfanhill said:
Reasons do matter. You can do it if it's an emergency. No one challenged Biden's. Trumps got challenged. He lost. Build a bridge. I don't know how you can argue with a straight face Trump has the ability to drop blanket tarrifs.
Click to expand...
again....

Live Monitor
@amlivemon
·
President can use Section 232 of the Trade Expansion Act of 1962 for national security reasons, and Section 338 of the Tariff Act of 1930 for discriminatory trade practices. Additionally, the International Emergency Economic Powers Act (IEEPA) grants the President broad authority to impose tariffs in national emergency situations.Trump had already invoked these very reasonings. The court is out of bounds here
 
#4,946
#4,946
BigOrangeMojo said:
Most didnt. Hell, the calculations they used on liberation day was largely wrong.

If we were talking China plus a few other bad actors, Im with you. But 220 countries.....
Click to expand...
Counties as Canada has triple digit tarriffs on US imports, that is discriminatory and the law allows the President to respond with reciprocal tarriffs.


AI Overview:

The Tariff Act of 1930, specifically Section 338, authorizes the President to impose new or additional duties on imports from countries that discriminate against U.S. commerce. These duties can be up to 50% of the product's value and are designed to offset burdens placed on U.S. trade by foreign countries.



Section 338:
This section of the Tariff Act of 1930 grants the President the authority to retaliate against discriminatory trade practices by other countries.

Discrimination:
The Act defines discrimination as when a foreign country places any unequal burden or disadvantage on U.S. commerce.

Presidential Action:
The President can impose additional duties, up to 50% ad valorem, on imports from a discriminating country.

30-Day Delay:
These additional duties take effect 30 days after the President's proclamation.

Public Interest:
The President must find that the public interest will be served by imposing these duties.

==================

customsandinternationaltradelaw.com

Presidential Powers and Tariffs: A Breakdown of Key Trade Laws | Customs & International Trade Law Blog

Under his America First Trade Policy, President Trump has made clear that his Administration intends to use every tool available to address unfair trade practices affecting U.S. companies, workers and national security. In the first two months of this Administration, President Trump has issued...
customsandinternationaltradelaw.com
 
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#4,947
#4,947
jmacvols1 said:
again....

President can use Section 232 of the Trade Expansion Act of 1962 for national security reasons, and Section 338 of the Tariff Act of 1930 for discriminatory trade practices. Additionally, the International Emergency Economic Powers Act (IEEPA) grants the President broad authority to impose tariffs in national emergency situations.Trump had already invoked these very reasonings. The court is out of bounds here
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Again... READ the decision.

The order halts Trump’s 30% tariffs on China, his 25% tariffs on some goods imported from Mexico and Canada, and the 10% universal tariffs on most goods coming into the United States. It does not, however, affect the 25% tariffs on autos, auto parts, steel or aluminum, which were subject to Section 232 of the Trade Expansion Act – a different law than the one Trump cited for his broader trade actions.
 
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#4,948
#4,948
jmacvols1 said:
again....

Live Monitor
@amlivemon
·
President can use Section 232 of the Trade Expansion Act of 1962 for national security reasons, and Section 338 of the Tariff Act of 1930 for discriminatory trade practices. Additionally, the International Emergency Economic Powers Act (IEEPA) grants the President broad authority to impose tariffs in national emergency situations.Trump had already invoked these very reasonings. The court is out of bounds here
Click to expand...
Bc Trump says it's a national emergency doesn't mean it is one

And you should really read the acts and not just take the Live Monitor as accurate
 
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#4,949
#4,949
jmacvols1 said:
Counties as Canada has triple digit tarriffs on US imports, that is discriminatory and the law allows the President to respond with reciprocal tarriffs.
Click to expand...

On a few items and only if we exceeded a quota, which we were nowhere near meeting...

In response, he slapped an across the board tariff that went against prior trade deals that were Congressionally approved.
 
#4,950
#4,950
volfanhill said:
Reasons do matter. You can do it if it's an emergency. No one challenged Biden's. Trumps got challenged. He lost. Build a bridge. I don't know how you can argue with a straight face Trump has the ability to drop blanket tarrifs.
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reasons can matter but if 200 countries have discriminatory tarriffs against the US, then the sitting President can retaliate against 200 countries.
 
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