Tag Archives: tariff

Tariffs come and go … and return

Donald J. Trump is in love with the word “tariff,” if only he understood what it means and who it penalizes.

He has just slapped another boost on the tariff he wants to charge India for goods imported into the United States. India now will pay a 50% tariff on everything that comes from that country into this one. So, if you want to buy a pashmina scarf from India, it will cost you basically half again the sticker price of the garment … which is pretty steep as it is!

That’s just one example of the inflationary pressure that awaits Americans who will pay for the tariffs Trump insists on leveling against the entire planet. He calls it payback for being “screwed” by the world’s nations. Good grief! You and I are going to pay for this nonsense. The weirdest part of all is that Trump is penalizing nations, such as Canada and Mexico, for engaging in trade practices that Trump himself worked out when he tossed aside the North American Free Trade Agreement. Go figure that one, ya know?

What does Trump have to pay? I don’t know nor do I care one damn bit. I am bitten by the “interest and apathy” bug.

All I can tell for certain is that when Trump gets done deciding how much of a tariff he wants to apply to this and/or that product or commodity, you and I are going to pay a hefty price for this numbskull’s obsession with a concept he doesn’t understand.

It’s called “check and balance,’ Mr. POTUS

The U.S. Court of International Trade has delivered a lesson on check and balance to the president of the United States … if only he knew what it means.

A three-judge panel ruled unanimously that Donald Trump overstepped his constitutional authority by issuing across the board reciprocal tariffs on the entire world. The ruling effectively ends — for now, at least — the idiotic trade war that Trump launched against this nation’s strongest trading partners and allies.

This really shouldn’t matter, given what the founders intended when they created a federal judiciary, but it’s worth noting nevertheless. One of the judges is a Barack Obama appointee, another one was nominated by Ronald Reagan, the third was selected by — you ready? — Donald Trump.

They spoke with one voice on this notion that Trump has no authority to act unilaterally by invoking these moronic tariffs. Trump has vowed to appeal the ruling. No surprise. It is his right to do so.

He keeps losing these court fights, yet he still claims to be a “winner.”

He’s not! Trump is a big-league loser.