Good news. Whoever still thought it was still possible to get some slack by kissing Trump's ass are now fully caught up with the reality that he is an unreasonable prick.
Now the real decoupling of economies from the US can begin.
Every headline like this should make clear that him imposing tariffs by fiat is illegal and unconstitutional.
I hate the fact that the media just reports that he's doing it without ever citing Article 1, Section 8:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
Every one of these tariff manipulations has been 100% illegal, because the supposed emergencies he's using to excuse them are nonexistent.
Democrats really can't do much and you might not realise how close US is to the situation where Trump starts calling people foreign agents or criminals and locking them up. You ever wonder why he's defying courts and clinging on to the ability to send people outside US judicial system.
While shitting on democrats is fun, even if they 100% were all against it, it would make no difference. The American people made sure to give republicans a majority in all chambers, so what dems do is a small piece of trivia. Have the day you voted for!
8 Ds in the house has died this year alone. and no R has died as of yet. Ds dont have contigency replacements like the Rs do, they often do get rid of thier own most of the time before it gets worst.
Not really. The US Constitution is a rather short document. This was by design, to only provide a bare framework for a government, to be amended over time. But that didn't really happen, and most work has been done in Congress and by SCOTUS after Marbury v. Madison.
You can read a whole bunch of info in articles like https://constitution.findlaw.com/article1/annotation03.html, but the tl;dr is that the Constitution says only Congress can make laws, but it can delegate some other authority. The section we're talking about here doesn't say it's a power exclusive to congress, no, but it says Congress shall have the power to lay and collect taxes, and Congress acts through law (literally, "acts of Congress"), so logically, taxes can only be set through Congressional law. And usually they are. But all the rules have gone out the window.
Generally speaking if the Constitution doesn't say you have a power and explicitly does say somebody else does it means that you don't.
Though there are centuries of interpretations, laws, and norms that fill in the gaps that can make it more nuanced. It's difficult to take a straight reading of the text and apply it to an event.
Next week he will brag about how he made a tremendous deal, and lower the tariffs as a result. What tremendous deal he made will be left unspecified, but Fox News will use this opportunity to report how great of a deal maker he is.
Whenever he makes this announcement, expect there to be a flurry of buying activity in the US stock markets in the day (or even hours) immediately preceding
Yeah, almost terrorism. They refuse to be my lackeys and lick my boots. They want to have a saying in world economy and enrich themselves and they aren't even American!
The EU needs to give him the China treatment. Calm, sovereign, and let him rage in hus bubble. The EU is way too emotional and decomposed. Then again, the EU is fully dependent on US technology. Should be fun.
I agree, but I think they are? I think every (traditional) western ally of the US are working back channels to no success. They're moving on and finding more reliable trading partners.
Ok EU, time to bring out the big guns. Someone call Airbus for an obsolete A380 and tell him we will send it to him as a "gift". Big hands need the biggest possible aircraft.
That's not big guns this is the big gun. Cutting the US off from our goods, capital and service markets, banning them from state contracts, suspending their intellectual property rights, such stuff. Annex 1 has the juicy bits.
Application would of course be targeted, e.g. hitting all of Peter Thiel's businesses at the same time.
I hope the official response will be harsh. Like China did. China called Donny's bluff until he folded. We EU should do the same. We don't need the US. Many of their products are of poor quality, like their cars(or a major safety hazard). Most of their food is considered toxic according to our food standards. Their booze is disgusting. Their online services are criminally evil.
California wine is still good; hell, even the French use California wine to mix with theirs during a bad harvest. I'm on the verge of joining a California separatist party because this crisis will not end, and to cut off California from the rest of the world is cruel. Its cruel what the orange bastard is doing.
Not looking for a deal, looking for a grift. The stock markets will drop-- again-- and the rich parasites will gobble up more money. Then yam tits will claim victory while backing off like a little bitch.
I'm not religious but I sure hope that hell exists just so these people go there...
I Hope that european Institutions and companies begin to use EU-tech. Like I don't unterstand why my uni uses Outlook, Office and Teams instead of FOSS
Kick the AmeriKans where it hurts. We should stop buying US made weapons and tariff the fuck out of US digital services. It's their last bastion and increase trade with Canada and Mexico.
Well, America's foreign policy for quite some time, depending on which president you want to refer to, was still to weaken Europe, to stop it from getting affordable natural gas from Russia. We are just lying to ourselves not acting like we're being aggressive to one of our allies. This is clearly a soft war against people that I'm pretty sure the public don't want to show aggression towards. So Orange Man Bad Sure, but we've been up to no good for a minute. The Neo-liberal era is over with. The pause button no longer works. We are approaching World War 3, where everybody's fighting everybody. We'll see climate disasters. More and more, our societies will become so corrupt with police officer gangs. And because everything is connected, every institution will mirror this very institution that's causing all of our problems. Top down governance with no room for finesse or ideas. Lowest common denominator thinking as we watch the exponential function ramp up at a particular period and blast right off the fucking charts. To the point where either the smaller curve is not observable or the chart is so big that we can't see the largest sector. FAFO poor breeders