TRUMP’S TARIFFS: A Stark Reality Check For Every American

READ HERE: Trump’s position on tariffs is problematical for many reasons.  First, let me say that historically tariffs were a legislative issue.  The Morrill Tariff was voted by Congress. The Smith-Hawley Tariff was voted by Congress.  How is it that the executive is imposing tariffs?

Assuming the president has this authority and assuming that we don’t have tariffs on others but others have tariffs on the US, the way to success is for Trump to sit down with the offenders and explain that the situation is not working for us. How do they propose to rectify the inequality?  This would have given Trump the upper hand.  Instead, he is portrayed as issuing threats not only to China but also to American allies. Retaliation has become the game, and this itself raises another serious consideration.

With Wall Street predicting a recession caused by Trump’s tariffs, not by the tariffs of other countries, the Federal Reserve has cover to cause the predicted recession, and thereby, to restore Democrat majorities in the House and Senate in the midterm elections and terminate Trump’s renewal of America.