91–100 of 1001 posts
It feels like the US-Iran war is inevitable now.
I doubt Trump's seriously seeking a nuclear deal as he (in)famously withdrew from the deal established by the Obama administration [1].
[1] https://en.wikipedia.org/wiki/United_States_withdrawal_from_...
The global damage has been done. It took too long and it looks like it will only be partially reversed. Constitutional changes are required for other countries to trust in the stability of the US in the future.
Even if part of the tariffs are rolled back, we may see other ones remain. And I bet they will not make it easy for people to get their money back, and force them into courts. Not that it matters. If people get their money back, it will effectively increase the national debt which hurts citizens anyways.
And let’s not forget the long-term damage of hurting all of the relationships America had with other countries. If Trump wanted to use tariffs as a tool for emergency purposes, he should have just taken action against China and made a case around that (pointing to Taiwan, IP theft, cyber attacks, etc). Instead he implemented blanket tariffs on the whole world, including close allies like Canada.
In the end, my guess is China and India gained from this saga. And the Trump administration’s family and friends gained by trading ahead of every tariff announcement. Americans lost.
Earlier quoted context omitted.
I don’t see how constitutional changes would help. The constitution already creates separation of powers, limits on executive authority, and procedures for removing an unfit president or one who commits serious crimes. But these only matter to the extent that majorities of elected and appointed officials care, and today’s ruling notwithstanding, there’s no political will to enforce any of them. The plurality of Ameri…
The majority of American voters can be as dumb as they want - the two big failures here are the legislature and the judiciary. The judiciary let an obviously illegal thing sit for far too long while the legislature is too partisan to actually take actions against the administration (except in the case of the Epstein files which has been surprisingly admirable and a rare ray of light in the last year). If the majority…
You mean like how President Trump just gave 10 billion USD of taxpayer money to a board operated by Private Citizen Trump?
https://www.nbcnews.com/world/gaza/trump-board-of-peace-firs...
Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…
Am I understanding this right? 1) US customer pays huge import tax on imported goods in the form of higher prices. 2) Seller sends the collected tax to the US government 3) US government will refund all/most of that tax back to the seller after this ruling 4) Seller gets to keep the returned tax money as pure profit (no refund to customer)
It feels like the US-Iran war is inevitable now.
Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…
You think at some point america would get sick of having a billionaire gang of thieves in charge. Trump just gave himself a $10 billion dollar slush fund from taxpayers. Who stopped him? No one. This amount of money will buy you one great den. Noem wants luxury jets from the taxpayer. So. Much. Winning.
Like the man said, I'm definitely tired of all the winning. Emoluments clause be damned.