Trump goes Back to his Tariff Thing….

Well it didn’t take long for Trump’s minions to please their boss by finding ANOTHER way for him to levy import taxes on other countries….

Last time the Supreme’s reminded Trump that tariff’s HAVE to be approved by Congress…..

That has led to the Govt. sending $70 Billion in REFUNDS out to businesses…

This time the Trump people have found a OLD law that he can use to get around the first effort….

One expects the lawsuits and court actions to be forthcoming….

Why the US President is against Americans befitting from the low prices from international trade escapes me….

Certain American made products CANNOT be made a price that American’s can afford…..

So?

Here we go again….

The Trump administration will impose tariffs of around 10 percent on goods from more than 80 countries on Friday, its latest effort to put in place an expansive protectionist policy that has been repeatedly challenged in court.

The tariffs will range from 10 percent to 12.5 percent and take effect at 12:01 a.m. on Friday, replacing a global 10 percent duty set to lapse at the same time. Mr. Trump issued that earlier tariff in February, after the Supreme Court struck down duties he imposed last year.

The move provides fresh evidence of Mr. Trump’s intention to transform global trade, despite numerous court challenges and the protests of U.S. consumers and businesses that have been stuck with higher tax bills. Over the past 17 months, the Trump administration has cycled through trade law after trade law as it tries to build a system to shield the U.S. economy from foreign competition.

The duties will be issued under Section 301 of the Trade Act of 1974, which allows the president to impose tariffs on foreign countries that engage in unreasonable or discriminatory trade practices. The administration has cited the failure of foreign countries to pass or enforce laws banning the importation of goods made by forced labor into their own countries, saying that disadvantages U.S. businesses that do follow such laws.

Canada, which will be subject to a 10 percent tariff under the arrangement, already prohibits importing forced labor goods. The European Union, also at 10 percent, has a ban that is scheduled to take effect in December 2027. But Trump officials say that the governments have not effectively enforced those laws.

The United States has arguably the strongest restrictions on forced labor imports of any country. It has prohibited the importation of goods made with slave labor for nearly a century, though it still allows prison labor under conditions that labor organizations consider coercive. In 2021, the United States passed a law banning imports from a region of China where it had found forced labor to be rampant.

The Trump administration also pushed Canada and Mexico to adopt a prohibition on imports made by forced labor as part of prior trade negotiations, and 10 other countries have committed to bans as part of trade deals negotiated over the past year, a senior administration official said.

But critics say the United States, too, has shortfalls on its labor protections. And some say that the administration has seized on forced labor as merely the most convenient way to reimpose tariffs struck down by the Supreme Court.

Peter Harrell, a visiting scholar at Georgetown Law School and a former Biden administration official, said that the small differential in tariffs between Canada and the European Union on one hand and China on the other “just brings home that USTR is using this forced labor investigation as a pretext to impose tariffs that Trump wants to impose for his own economic theories and preferences.”…..

More….

Note….

Donald Trump is adamant that he IS gonna ruin the American Economy before he leaves….