Trump tariffs illegal
Politico reports:
A federal court has struck down President Donald Trump’s tariffs on dozens of countries, saying his effort to justify them with broad claims of national emergencies exceeded his legal authority.
The unanimous ruling of a three-judge panel of the U.S. Court of International Trade strikes a blow to one of the central planks of Trump’s economic agenda at a time he is seeking to use tariffs as leverage to strike trade deals around the world.
This is not a surprise, but is very significant.
Trump is President, not King, Congress passes laws that set tax rates and tariff rates, just as in New Zealand the Prime Minister can’t unilaterally declare a tax or tariff.
The GOP has a majority in the House and Senate. If they want higher tariffs, they can try and pass a law imposing them.
Arguing that New Zealand exports to the US constitute a national emergency, was never to go fly with a court.
As Eric notes, very amusing that the usual deranged people who blame Atlas for everything, aren’t giving Atlas credit for stopping Trump’s tariffs!
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