The President got ahead of himself on handing out Tariff’s WITHOUT Congressional Approval….
The House Speaker, a Republican, is NOT in a hurry to rubber stamp , his President’s efforts to take away Congress’s power on Tariff’s and Import Taxes….
Yes?
This IS a DIRECT ‘No Deal’ to Donald…..
Congress is unlikely to take up any legislation to codify President Donald Trump’s tariff agenda after the Supreme Court struck down the administration’s sweeping levies last week, Speaker Mike Johnson said Monday.
“It’s going to be, I think, a challenge to find consensus on any path forward on the tariffs, on the legislative side,” Johnson told reporters. “And so that is why, I think, you see so much of the attention on the executive side, the executive branch, and what they’re doing and how they’re reacting to the ruling.”
That applies to enacting Trump’s tariffs as part of any second party-line megabill passed through the budget reconciliation process, an idea that some Republicans publicly floated in the wake of last week’s Supreme Court decision.
“I’m not sure it has much to do with reconciliation,” Johnson said.
Trump recently imposed 15 percent global tariffs, which will expire after 150 days. At that point, Congress would have to extend them — but senior Republicans privately say they won’t have the support to do so, according to three people granted anonymity to share direct knowledge of the conversations.
Rep. Don Bacon of Nebraska, one of the Republicans who voted earlier this month to overturn Trump’s Canada tariffs, argued that “Trump is putting a ball and chain” on the GOP ahead of the midterms. “I hate seeing it.”
Bacon predicted Trump’s new levies will ultimately “fail in the courts.”
Senate Democrats, meanwhile, vowed Monday they would block an extension later this year — and given that an extension would be subject to a 60-vote threshold, this is something they would be able to achieve.
Johnson also on Monday batted down the notion that the administration should refund the money from the tariffs struck down by the Supreme Court — something Democrats are also pledging to push, including in new legislation….
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“The Trump administration has begun using a patchwork of trade laws to recreate the sweeping tariffs that the Supreme Court struck down as illegal last week,” the New York Times reports.
“But the approach will require a more cumbersome set of tariffs, ones that Mr. Trump will not be able to issue quickly or on a whim. The tariffs may be levied by country, trade issue or product and will probably take months to go into effect. The question now is how closely the old structure will be reproduced — or whether the new tariffs could end up creating an entirely different set of winners and losers.”
Wall Street Journal: Trump considers new national security tariffs after Supreme Court ruling….
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Note….
The “refunds’ question is going back to a Appellate Court I believe….
I wouldn’t hold mu breath….
If so ordered for business?
One could see tax write off’s?
No money/checks….
But Democrats ARE planning to use the idea of refund checks AGAINST Trump and Republicans…
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