Did he forget about that lawsuit he lost where his tariffs were determined to be illegal?
Who am I kidding? He doesn’t give a shit.
Supreme Court ruling was against tariffs under IEEPA. He is still able to use industry specific tariffs under Trade Expansion Act, that’s how tariffs on Canadian auto, lumber, steel, aluminum sectors continue dispute Supreme Court ruling
is it then not possible for him to circumvent the ruling entirely by simply taxing the industries that account for like 99% of the trade with a given country? like it probably wouldn’t be possible to list all the industries but surely listing 10 most popular ones would essentially equate to a blanket tariff
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It’s effectively a bailout with extra steps
Huh?
The car manufacturers will charge the customer any tariffs and then when they sue to get there money back they will not only keep the price at the higher level butv will then get the tariff money back. Same thing the last lawsuit did.
Gotcha. Sorry, I’m really tired.
I heard he gives shits all the time. Everyone’s saying it.
Now do a 300% tariff on US cars exported to the EU so people will stop buying those damn RAM and Tesla deathmobiles already.
Nah. Just make them street illegal.
Lovely idea, but then the masses of already incited anti-government types will turn even more against the EU governments. If Trump does it, maybe they’ll stop listening to him and his ilk.
This is why you don’t make a deal with Trump: he’ll invariably break it whilst spewing some bullshit about how “it’s your fault”.
Mind you the EU Commission is so sold-out, kept under control with kompromat and/or just plain incompetent that not only did they rush to “make a deal” with Trump when he first pushed the EU with Tariffs, they’ll compromise with him now and will do so again, again and again every time he pushes some more.
In the EU we need to get rid of these crooks and that specific dysfunctional anti-meritocratic structure and put more power in the EU Parliament directly or at least have it chose and elect the entire Commission rather than the “behind closed doors” way the EU Commission members are chosen at the moment - whilst the Parliament is directly elected via Proportional Vote, the Commission is just used by politicians in government all over Europe to reward their politician mates or quietly get rid of their most incompetent *cough* von der Leyden *cough* colleagues.
The EU commission and the EU in general works always trying to descalate first, because usually a not-so-good deal is better than a war, even a trade one.
So trying to get a deal is fine imho.
Now there it comes the second stage. Got and tried a deal, the other party does not keep its side. Unleash the kraken and go for them. Go nuclear, start dumping US bonds and trade with the rest of the world in Renmibi (we don’t want the Euro to be the world reseve currency, no thanks).
Hit them where it hurts.
yawn
In B4 TACOs
