Trump vows massive new tariffs if elected, risking global economic war
Trump vows massive new tariffs if elected, risking global economic war
The former president floats a 10 percent tax on foreign imports as advisers say the plan is still in progress.
Former president floats 10 percent tax on all foreign imports and calls for ‘ring around the collar’ of U.S. economy
WP gift article expires in 14 days.
“When companies come in and they dump their products in the United States, they should pay, automatically, let’s say a 10 percent tax … I do like the 10 percent for everybody.”
I like how he decides on major economic policy shifts the same way I decide on what to eat for supper.
He's just lying because somehow, making people pay import taxes was a popular move among his base. What a fucked up timeline
Permanently Deleted
I’d like to believe that that’s true, but I’ve been disappointed by our political system too many times to believe it .
I've still yet to be convinced it's not all just political theater. Not saying it is, but I'm not going to allow myself to be surprised if we get to the end of all this and he gets a slap on the wrist "out of respect for the office" or some quibbling nonsense.
It’s looking like he’s going to be barred from even running
What, really? I'm Finnish and I haven't been following US news for a while, so I'm all out of the loop. How likely is it that he'll be barred?
Edit: https://www.theguardian.com/us-news/2023/aug/20/trump-disqualified-constitution-section-3-14th-amendment, relevant snippet:
But one provision in the constitution, section 3 of the 14th amendment, makes things more complicated. It says that no person who has taken an oath “as an officer of the United States” can hold office if they “have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof”.
That language disqualifies Trump from running for office because of his efforts to overturn the 2020 election, two prominent conservative scholars, William Baude of the University of Chicago and Michael Stokes Paulsen of the University of St Thomas, concluded in a much-discussed article to be published the University of Pennsylvania Law Review.
[…]
Disqualification under the 14th amendment does not require a criminal conviction, Noah Bookbinder, the executive director of the watchdog group Citizens for Responsibility and Ethics in Washington (Crew), said in an interview earlier this month. The push to disqualify Trump is likely to play out at the state level in parallel to both the federal and state cases criminally charging Trump and allies in connection with their efforts to overturn the election. The left-leaning group Free Speech for People has already sent letters to election officials in 10 states urging them to declare Trump ineligible to run for office under the 14th amendment. Crew is also preparing to file litigation in several states to disqualify Trump from the ballot, Bookbinder said.
If only horrible economic policy was the worst thing to worry about
"A ring around the collar of the US economy that, with my policies, will tighten. And then I'll kick the stool out from under the economy, and then tada!! Problem solved."