It would be nice if we had a president-elect who knew what the fuck he was talking about.
But we don't.
https://www.cato.org/publications/commen...-trade-war
But we don't.
https://www.cato.org/publications/commen...-trade-war
Quote:Trump threatened to impose the same tariff on Carrier air conditioners from Mexico, advised boycotting Oreo cookies because Nabisco has a Mexican subsidiary and even boasted, “We’re going to get Apple to build their damn computers in this country instead of other countries.”
He can’t do that. No U.S. president has any right to tell private companies where they can produce or invest. More obviously, no U.S. President has the legal authority to impose targeted tariffs or taxes on specific firms — simply to punish business decisions he doesn’t approve of.
