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To show you how ridiculous the opinion is, the Court said that I’m not allowed to charge even $1 DOLLAR to any Country under IEEPA, I assume to protect other Countries, not the United States which they should be interested in protecting — But I am allowed to cut off any and all Trade or Business with that same Country, even imposing a Foreign Country destroying embargo, and do anything else I want to do to them — How nonsensical is that? They are saying that I have the absolute right to license, but not the right to charge a license fee. What license has ever been issued without the right to charge a fee? But now the Court has given me the unquestioned right to ban all sorts of things from coming into our Country, a much more powerful Right than many people thought we had.
Our Country is the “HOTTEST” anywhere in the World, but now, I am going in a different direction, which is even stronger than our original choice. As Justice Kavanaugh wrote in his Dissent:
“Although I firmly disagree with the Court’s holding today, the decision might not substantially constrain a President’s ability to order tariffs going forward. That is because numerous other federal statutes authorize the President to impose tariffs and might justify most (if not all) of the tariffs issued in this case…Those statutes include, for example, the Trade Expansion Act of 1962 (Section 232); the Trade Act of 1974 (Sections 122, 201, and 301); and the Tariff Act of 1930 (Section 338).”
Thank you Justice Kavanaugh!
In actuality, while I am sure they did not mean to do so, the Supreme Court’s decision today made a President’s ability to both regulate Trade, and impose TARIFFS, more powerful and crystal clear, rather than less. There will no longer be any doubt, and the Income coming in, and the protection of our Companies and Country, will actually increase because of this decision. Based on longstanding Law and Hundreds of Victories to the contrary, the Supreme Court did not overrule TARIFFS, they merely overruled a particular use of IEEPA TARIFFS. The ability to block, embargo, restrict, license, or impose any other condition on a Foreign Country’s ability to conduct Trade with the United States under IEEPA, has been fully confirmed by this decision. In order to protect our Country, a President can actually charge more TARIFFS than I was charging in the past under the various other TARIFF authorities, which have also been confirmed, and fully allowed.
Therefore, effective immediately, all National Security TARIFFS, Section 232 and existing Section 301 TARIFFS, remain in place, and in full force and effect. Today I will sign an Order to impose a 10% GLOBAL TARIFF, under Section 122, over and above our normal TARIFFS already being charged, and we are also initiating several Section 301 and other Investigations to protect our Country from unfair Trading practices. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!
PRESIDENT DONALD J. TRUMP
Remember how we were all wondering this morning if he’d take the W, claim he “fixed” the economy (the great Biden economy that he’s actually been working to break for over a year now) and stop talking like an idiot?
Nope, he really just is that fucking stupid and petty. It’s not surprising he’s this stupid; it’s been obvious since at least the 80s that he’s a stupid asshole. What’s surprising is just how many stupid people are out there that support him. I honestly wonder how many of those morons that still support him would drop support if they were to think he was not a racist, though.
I think that tariffs is one of the only things he fundamelly believes in. Pretty sure was the only class on college that he wasn’t coked up and enjoyed, and since that he based all his economics ideas around that.
I think it’s also a great way for him to completely fuck with the market, allowing him and the Republican Crime Family to financially benefit by buying the (well-timed) dip.
Also also impose a defacto flat tax on everyone, which of course disproportionately taxes the folks who make the least amount.
It’s almost as if Americans pay tariffs not the counties he’s squabbling with.
Pretty sure he just thinks he, personally, gets all the tariff money, because he’s incapable of distinguishing between himself and the organizations he runs.
Aside from the other comments being correct about market manipulation, I don’t think this shitstain actually believes in the tariffs. He’s like a selfish whiney toddler that found his dad’s loaded gun. He doesn’t understand the gravity of the situation, but everyone started acting really cautious and listens to his demands when he starts waving it around.
He’s being talking about tariffs since the 80’s.
I think he never understood how tariffs work.
As an inheritance he got his hands on a lot of real estate but never had to deal with paying tariffs on items personally, so he’s easily stuck on the story someone else told him that the country of origin always pays tariffs.
And on the side he probably does think he is entitled to earnings from “his” tariffs. Just as he said the members on his board of peace are paying “him” $1Billion…
I imagine he got fixated on Tariffs after doing blow with one of those right wing economists who wouldn’t shut up about how much America used to use them, back when “men were men!”