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by bdelmas 116 days ago
You know what after digging more into the subject I can say that you are effectively right. So thank you for taking the time and commenting on that. I still think it should be a tool a US president can have. Congress is not fast enough to put pressure and removing it as much as the executive branch can do. I think that this and similar economic tools are critical just seeing how thing are unfolding and how the future is going to look like.

For DOJ ya I meant the judicial branch.

1 comments

Well kudos for admitting your error, it's rare enough these days.

Here's the thing, the executive does have the power to enact tariffs in emergencies, but if you actually want to change industrial policy it's a long term project that takes probably minimum 10 years of sustained consistent policy. Not the whims of an administration.

There's a great case to be made for fixing the balance of trade. Randomly applying tariffs is not achieving it, it's just a grift for kick backs.