Thank God They're Morons: Trump Tariff Edition
As we all heard, the Supreme Court struck down Donald Trump's tariffs on Friday. Trump responded by placing a 10% global tariff via executive order. Within hours, that number had increased to 15% with Trump attempting to justify the tariffs through Sections 122 and 301 of the 1974 Trade Act , an obscure law that was created to address short-term emergencies, not long-term economic policy. If enacted, this new global tariff would remain in place for 150 days before requiring congressional extension. The Trump Administration is hoping to use this law to buy time for the next 5 months before engaging in an intimidation campaign to force congressional Republicans to vote to extend the tariffs come July. With that being under 4 months from the midterms, Trump and his lackeys are hoping that congressional Republicans, fearing for their political lives, would once again give in to his worst instincts and vote with him rather than risk not having his coveted endors...
