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Tariffs

Just a small reminder of just one of the reasons the USA 🇺🇸 doesn’t have to worry about much.

Sorry Australia 🇦🇺

 
If we had Patriots in Government and not self interested paid off Politicians this wouldn’t even be a concern because they would all work together for America 🇺🇸

 
Only the so-called Liberation Day tariffs, and higher levies on Chinese, Canadian and Mexican imports that the president said were to combat the trafficking of fentanyl into the U.S., are at issue in the cases before the Federal Circuit.

No president before Mr. Trump had invoked IEEPA to impose tariffs, and the Constitution vests the power to assess levies in Congress. IEEPA does not include any references to tariffs or duties, and it has typically been used by presidents to impose economic sanctions on foreign nations.

Under IEEPA, the president can exercise the law's authority in instances involving "an unusual and extraordinary threat" to national security or the economy for which "a national emergency has been declared."

In rolling out his tariffs, Mr. Trump claimed that trade deficits and the flow of illicit drugs across U.S. borders constituted national emergencies and were threats to national security and the economy.

 

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