There are parliamentary mechanisms available to get it on the floor bypassing Johnson.
Already happening, but Johnson will block the vote in the house.
The Senate just passed Rand Paul's bill to block Trump's tariffs on Canada
Just hours after President Donald Trump announced massive new tariffs on nearly all imports to the United States, a bipartisan group of senators made thereason.com
Those 'very cheap import products' are also known as 'products created more efficiently than in the US'. The problem here, as I'm sure you know, is that Trump's word is worthless. As the world just noticed with Canada and Mexico, making new deals with Trump is a waste of time because he will renege on them whenever he feels like it. They went through all that nonsense with USMCA and Trump just threw it away immediately.Trump is playing a "who blinks first" game with these tariffs. If companies like Vietnam, with a purported 97% tariff on imports from the US, come to the post and say "hey, OK, we'll lower our tariffs on US imports to 25%, Trump will drop the applied tariff on goods coming from them. That is the idea. If they refuse to budge and all their products coming to the US are suddenly 45% more, they will sell A LOT less of their product. Trump kind of has a lot of countries by the balls right now.
The US citizens, at least from my point of view, seem to be the most wasteful and frivolous spenders on the planet-- much of which is enabled by very cheap import products. Take that away and the whole game changes, not just for the USA, but for most of world. This is going to be a wild ride, Im very curious to see how it plays out.
Find a different theme park in a less shitty state to go to?I’m mostly stocking up on .556 and consumables.
We’ve replaced all of our appliances/electronic devices in the last year or so. Replacing the car is gonna suck hard, but we are prepared to take the hit.
I’m realllllly hoping my family gets dissuaded from dragging me to Orlando this summer. If we can get priced out of the Disney money pit I’ll consider that a massive silver lining.
Find a different theme park in a less shitty state to go to?
You could do Busch Gardens in VA, and then visit some nearby Civil War battle grounds to help instil a sense of civic virtue.Preaching to the choir.
They snuck this into the CR:There are parliamentary mechanisms available to get it on the floor bypassing Johnson.
You could do Busch Gardens in VA, and then visit some nearby Civil War battle grounds to help instil a sense of civic virtue.
They snuck this into the CR:
Congress just made it harder for Congress to block Trump's tariffs
President Donald Trump's reckless tariff policies are threatening to drive the economy into a ditch—and Congress just made it harder to take away thereason.com
Looks like it won't happen until next year at the soonest.
Congress can change their mind at any time.They snuck this into the CR:
Congress just made it harder for Congress to block Trump's tariffs
President Donald Trump's reckless tariff policies are threatening to drive the economy into a ditch—and Congress just made it harder to take away thereason.com
Looks like it won't happen until next year at the soonest.
Except, of course, Democrats will just vote to allow him to put in whatever sycophants he nominates, because they need to pick their battles.He gets to pick the nominee, still had to be affirmed by Congress, so if Democrats take back the house/Senate, he won't be able to just stick his loyal Trump junk sucker in there.
turns out these morons used our trade deficit numbers...
For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.
For example, take the figures for China:
Goods trade deficit: $291.9bn
Total goods imports: $438.9bn
Those figures divided = 0.67, or 67%
And halved = 34%
For countries without a large deficit, the White House applied a 10% baseline, ensuring tariffs would be applied regardless. This was the case for the UK, which the US Census Bureau reckons had an almost-$12bn surplus in 2024.
“[It is] quite an extraordinary calculation after months of work behind the scenes,” said Jim Reid, the global head of macro research at Deutsche Bank. “[It] didn’t add much confidence on there being an in-depth strategic implementation plan.”
There are multiple problems with this – not least that it vastly oversimplifies the drivers of trade deficits. Trade deficits occur when a country buys more than it sells abroad. The US has run a deficit persistently since the 1970s. Typically trade deficits balance over time, as they create downward pressure on a country’s currency (as the result of demand for foreign currency, to buy imported goods, outstrips demand for domestic currency).
However, sitting atop the global reserve currency – used throughout the global financial system for payments and international trade – the US has managed to run larger trade deficits than other nations would be able to.
Trade deficits are not inherently bad and so they aren't necessarily something to be solved.Yup
Trump’s ‘idiotic’ and flawed tariff calculations stun economists
‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarraywww.theguardian.com
This is kind-of interesting
So it's the curse (and simultaneous benefit) of having your currency as the global reserve, that is the core of the issue? Usually that's painted as a massive benefit the US has, it's why Truss couldn't get away with her unfunded tax cuts here, while the US, apparently, might have. Trump seems to see it as a problem to be 'solved' by a means that causes worse problems than you started with.
If true, this is absolute insanity, how can it even be legal to lie to the entire country and nobody call this out?Yup
Trump’s ‘idiotic’ and flawed tariff calculations stun economists
‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarraywww.theguardian.com
This is kind-of interesting
So it's the curse (and simultaneous benefit) of having your currency as the global reserve, that is the core of the issue? Usually that's painted as a massive benefit the US has, it's why Truss couldn't get away with her unfunded tax cuts here, while the US, apparently, might have. Trump seems to see it as a problem to be 'solved' by a means that causes worse problems than you started with.
The market crash exposes another big issue here - clearly the markets assumed Trump was lying about these tariffs or they would have been more priced in at this point.
The markets aren't wrong to have thought he was lying as, well, he lies about everything, but every once in a while he follows through and people are unprepared.
Arguably, the tariffs are illegal. Trump is declaring a fake emergency to abuse the law. Nazi Carl Schmidt (author of Crisis of Parliamentary Democracy) would be proud that the executive is ceasing power by creating an "exception" not covered by existing law and boundaries.If true, this is absolute insanity, how can it even be legal to lie to the entire country and nobody call this out?
I'm not sure it is illegal in that sense as the law in question makes no requirement for the emergency declaration to be issued in good faith. That's where Congress is supposed to come in and terminate the fake emergency but, well... Congress.Arguably, the tariffs are illegal. Trump is declaring a fake emergency to abuse the law. Nazi Carl Schmidt (author of Crisis of Parliamentary Democracy) would be proud that the executive is ceasing power by creating an "exception" not covered by existing law and boundaries.
The market crash exposes another big issue here - clearly the markets assumed Trump was lying about these tariffs or they would have been more priced in at this point.
The markets aren't wrong to have thought he was lying as, well, he lies about everything, but every once in a while he follows through and people are unprepared.
Well, maybe not illegal. But he is abusing the law, because those are written to assume that people will operate in good faith.I'm not sure it is illegal in that sense as the law in question makes no requirement for the emergency declaration to be issued in good faith. That's where Congress is supposed to come in and terminate the fake emergency but, well... Congress.
Really, nearly every political problem the US faces today is due to a power vacuum where Congress used to sit. That's being absorbed by SCOTUS and the executive.
Or they didn't realize how bad it was going to be.The market crash exposes another big issue here - clearly the markets assumed Trump was lying about these tariffs or they would have been more priced in at this point.
The markets aren't wrong to have thought he was lying as, well, he lies about everything, but every once in a while he follows through and people are unprepared.