Trump Tax

[bsm2]

You think COVID shortages were BAD you in for a RUDE surprise

[Mako]

And in your opinion that caused all the inflation in the world?
Do you deny that COVID had anything to do with world wide inflation?

A virus doesn't cause inflation anywhere. That's a stupid notion. United States monetary policy and out of control spending under Biden was the cause of inflation.

[Copier Addict]

A virus doesn't cause inflation anywhere. That's a stupid notion. United States monetary policy and out of control spending under Biden was the cause of inflation.

You don't believe a worldwide pandemic, and the interruption in the supply chain it caused, was a huge contributor to worldwide inflation? This is the lack of critical thinking, on the part of magatrons, that I am constantly referring to.

[slimslob]

Originally posted by Copier Addict


And in your opinion that caused all the inflation in the world?
Do you deny that COVID had anything to do with world wide inflation?

In the US only for blue states where their governments shut down the economy by their liberal policies.

[Copier Addict]

In the US only for blue states where their governments shut down the economy by their liberal policies.

Are you trying to convince us that the worldwide pandemic only caused inflation in blue states? I didn't realise viruses had political affiliations. Hmmmm. The things one learns while talking to a magatron.

[bsm2]

In the US only for blue states where their governments shut down the economy by their liberal policies.

Only Blue states did you hit your head again

The whole country shutdown buddy

[bsm2]

[bsm2]

[Mako]

MSNBC. LOL!!!!!!!!!!!

[bsm2]

Walmart to raise prices due to tariffs:

[bsm2]

Subaru of America increases vehicle prices, citing market conditions

[bsm2]

New cars could cost up to $16,000 more once tariffs go into effect, economists at National Automobile Dealers Association say.
Philadelphia-area car dealership owner Dave Kelleher shares how he anticipates his business could be impacted: “Basically every new car in America is going to see a price increase.”

[bsm2]

US major automakers manufacturers, fearful they will have to shut down assembly lines, consider moving some parts production to China

[bsm2]

The US constitution makes it very clear that Congress have the power to implement tariffs, not the President.
However, Trump has been using power granted to the President by Congress in 1977, specifically for the purpose of responding to an international emergency.

It was called the International Emergency Economic Powers Act, and has been primarily used by US Presidents to impose sanctions on adversaries during moments of crisis, and as a tool to impose American foreign policy interests.

The U.S. Court of International Trade just ruled that Trump's "Liberation Day" tariffs exceeded his authority under this act, and were therefore illegal.

The court ruled that Trump's declaration of a national economic emergency based on long-standing trade deficits and foreign manufacturing reliance did not meet the statutory threshold of an "unusual and extraordinary threat" required under the IEEPA.

If Trump was smart... he'd use this as an off-ramp and blame the courts for his failure. But I expect he'll take this one to the Supreme Court.

[bsm2]

Surprise

He bought a side table from Mexico. Tariffs added a surprise $1,170 fee at delivery