Tariffs are illegal

princekwekua

Well-known member
Oct 26, 2021
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Now he upped them to 15%. Canada doesn't get affected thou.

Section 122 gives the president the power to levy tariffs up to 15% to address BALANCE OF PAYMENT problem not trade deficit. China and all those countries creating trade deficits turn around and purchase US treasuries. So the balance of payment is zero.
Since there is no balance of payment problem, the new tariff is also illegal. It would have expired by the time courts issue a ruling. But those paying the new tariff will be due refunds when courts rule in their favour eventually.
By the way, FedEx has launched the first court salvo to claw back payments they made under the illegal IEEPA. Thousands are due to follow. Lawyers are salivating
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
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Do you nornally cherry pick what you want to hear out of an article?

Read the entire article, please.
It sounds like you are cherry-picking the few negatives the articles states
 

squeezer

Well-known member
Jan 8, 2010
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It sounds like you are cherry-picking the few negatives the articles states
You posted the article, making a claim that the American economy is so good YET regular folks can't afford groceries because numbnuts hasn't brought the price of groceries down as he promised.

Since you posted the article, it's your cherry picking that is on trial here.

Guilty as charged.
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
31,142
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You posted the article, making a claim that the American economy is so good YET regular folks can't afford groceries because numbnuts hasn't brought the price of groceries down as he promised.

Since you posted the article, it's your cherry picking that is on trial here.

Guilty as charged
That will eventually get better too. Have patience, grasshopper
 

Phil C. McNasty

Go Jays Go
Dec 27, 2010
31,142
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I cannot be a
when Salty keeps calling me a 🐀 . You two fuckers are going to have to make up your mind and properly assign my gender so I know how to sign my documents.
You're a bit of both, the body of a grasshopper and the brain of a mouse :D
 
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squeezer

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Jan 8, 2010
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U.S. trade chief doubles down on tariffs as Canada pursues new partners


Canada moving at 'breakneck' speed on trade diversification
 

princekwekua

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Oct 26, 2021
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U.S. trade chief doubles down on tariffs as Canada pursues new partners
Thanks to the SCOTUS, the worst Trump can do now is a 15% tariff which expires in 150 days. So Canada must not allow permanent tariff to be a part of any new deal. We should stand firm. No deal is better than a bad deal
 
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