> “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” What a weird tone. Is that a thing in the US? Can the president (legally) order companies "home"? Doesn't sound like "land of the free" to me.
Trump orders U.S. firms out of China after Beijing sets new tariffs
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Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#22> “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” What a weird tone. Is that a thing in the US? Can the president (legally) order companies "home"? Doesn't sound like "land of the free" to me.
Despite the headline no it's not actually an order it's just a suggestion...
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#23> It’s unclear what legal authority Trump would be able to use to compel U.S. companies to close operations in China or stop sourcing products from the country By unclear, they mean no legal authority.
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#24> “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” What a weird tone. Is that a thing in the US? Can the president (legally) order companies "home"? Doesn't sound like "land of the free" to me.
Anyone who knows more than me feel free to chime in!
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#25It's hard to just pick up and switch when you are so entrenched. That said, I would love if more US companies built stuff here in the US. Yeah, prices might be a little higher, but at least we aren't exploiting the labor of vulnerable people in foreign countries anymore.
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#26Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#27> “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” What a weird tone. Is that a thing in the US? Can the president (legally) order companies "home"? Doesn't sound like "land of the free" to me.
1) Raise tariffs to absurd levels (like, 10000% tax on anything from China).
2) Some sort of national defense justification. He could probably put all employees, companies, and executives on terrorism or customs watch lists and make life difficult for them.
3) Use existing sanctions on other nations as a way to forbid doing business with various entities in China.
There's probably also another way to do it that would, presumably, be illegal:
4) Unilaterally blockade the nation, since he's chief of the armed forces (this is an act of war).
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#28> “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” What a weird tone. Is that a thing in the US? Can the president (legally) order companies "home"? Doesn't sound like "land of the free" to me.
It's an extremely weird tone, but this has been an extremely weird presidency.
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#29Earlier quoted context omitted.
Does Beijing have legal authority to compel the reverse, or does it rely on appeals to patriotism and backchannel enforcement to get it done?
It's a dictatorship, they will do whatever they want.
TLDR: dictators can't do whatever they want.
Re: Trump orders U.S. firms out of China after Beijing sets new tariffs
#30Earlier quoted context omitted.
If he can set 25% tariff on everything imported from China, what's stopping him from setting 2500% tariff on everything? Wouldn't that effectively and immediately stop all trade with China?
No. American companies would still be allowed to sell to China. The constitution offers pretty much absolute protection when it comes to export tariffs.