Tariffs White House

[Citadel]

 

The Tariffs-Powered Alms to Arms White House
By Pierre Maertin

 

 

Immediately upon being elected into office on January 20th of this year, and assuming his role once more as head of the executive branch of the federal government, President Donald Trump initiated a long list of executive orders that he signed in his new capacity as leader of the Free World.

 

In a long list of exectutive orders to roll back the setbacks the GOP suffered during the Biden Administration, Trump pushed forward a new set of tariffs that his team and advisors from the GOP were shepherding from the first run in the White House which started back on January 20, 2017.

 

January 2018, President Trump imposed tariffs on solar panels and washing machines of 30–50%. On March 1, 2018, Trump announced his intention to impose a 25% tariff on steel and a 10% tariff on aluminum imports. In a tweet the next day, Trump asserted, “Trade wars are good, and easy to win.” On March 8, he signed an order to impose the tariffs effective after 15 days.

 

“More than 50 years of occupation and 10 years of blockade have made the lives of 1.9 million Palestinians living inside the Gaza Strip unbearable. That is why they now are protesting and risking their lives.”
The Norwegian Refugee Council Report | April 2018

 

China, Canada, and the European Union responded negatively to the first wave of Trump Tariffs. The currently outgoing Canadian Prime Minister Justin Trudeau said the idea “that Canada could be considered a national security risk to the United States” was “absurd” and “inconceivable” he shortly thereafter announced $16.6 billion in retaliatory tariffs.  What was Trudeau alluding to in “national security risk”? [The follow-through is later on in this segment, keep reading.]

 

A survey of leading economists by Reuters in 2018 showed that 80% felt the steel and aluminum tariffs could be harmful to the U.S. economy while the tariffs on other products could have little to no effect.  In May 2018, more than 1,000 economists wrote a letter warning Trump about the dangers of pursuing a trade war, arguing that the tariffs were echoing historical policy errors, such as the Smoot–Hawley Tariff Act, which helped lead to the Great Depression.

 

Article 1, Section 8 of the Constitution states: “Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises.” However, on several occasions in recent times, Congress shifted this responsibility regarding tariffs to the President.

 

 

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