Johnny Best
Active Member
So, could you guys explain the $100 bet again about who thinks the court will allow the tariff or who thinks they will reject them.
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US Tariffs, Sigh!
- Thread starter JamesLam
- Start date
My $100 says the court is going to rule the tariffs illegal... vs mikes $100 bet saying theyre going to allow them.
XtremeXccessories
New Member
I know that's your thoughts, that's what my yikes was in reference to, your thoughts.
Texas_Signmaker
Very Active Signmaker
Trump made a good argument for tariffs in that 60 minutes interview last week. Said it's really the only fast and effective way to respond to other countries. They can move fast and we don't want it taking an act of congress to impose a tariff
TarrifBoy123
New Member
Yes, the president needs to be able to counter tariffs of other countries in a timely manner.
TarrifBoy123
New Member
I wonder what Mike is going to buy with the $100 he wins from you.
Johnny Best
Active Member
Is Ikarisu paying with Canadian money or US?
TarrifBoy123
New Member
That is a very good question because both the US dollar and the Canadian dollar use the $ sign. It was a Canadian who started the bet so it could be presumed that it would be in Canadian dollars. Would Ikarisu like to stipulate?
if I win, USD, if I lose, CAD
He is allowed to under the trade act... but it has its limitations.
He didn't use the trade act for most though because of the 150 day limitation - instead he's using IEEPA, which was never intended to be used for tariffs, and was intended to be used for Emergencies... Even if the USA was getting screwed on every single trade deal with every single country, it wouldn't be an emergency... At least not the way IEEPA was intended. Theres a very good chance al IEEPA tariffs get thrown out the window - He's enacted some tariffs via other acts, I believe some under the trade act.... I'm betting those stay, until its past the 150 days, in which it'll goto court if he tries to skirt the congress rule... which I'm sure he will. That, or he'll drop the tarrifs on day 149 and re-impose them
My biggest gripe about Trump is he's not a politician, he's a real estate mogul. He doesn't know the proper way to do things, and thats why half his shit ends up in court battles.... Whether what he's doing should be done or not, he's not going about it the proper, legal way - And it ends up being a mockery of the whole seperation of power and 3 parts of government thing.... I'm sure every president thinks his powers being limited by congress / the supreme court are pesky and wish they could bypass it... He's just one of the first to openly do it so much and hope it gets past.