“The signature policy proposal of Donald Trump’s third campaign for the presidency is a tariff: a tax of 60 percent imposed on all imports from China and 10 percent on imports from any other country. Not only does he want this tax hike, which would raise about $291 billion or 1 percent of GDP when fully implemented, but he says he’ll do it unilaterally. “I don’t need Congress, but they’ll approve it,” Trump declared at a September 23 rally. “I’ll have the right to impose them myself if they don’t.”
This is a rather enormous policy change for a president to undertake unilaterally, and one of dubious legality. For comparison, the hike Trump is considering is over twice as large as the tax increases used to fund Obamacare. (And make no mistake — tariffs are tax increases.) Experts like former World Trade Organization (WTO) deputy director-general Alan Wm. Wolff have argued that no law passed by Congress gives the president the power to levy across-the-board tariffs along the lines Trump proposes.
Even so, Congress has given the executive branch a remarkable amount of flexibility to set tariffs. This is a mistake. Members of Congress, whether or not they support Trump’s tariff plans, should be able to agree on this much: As the Constitution lays out in the taxing clause, it’s Congress’s job to set taxing and spending policy for the United States. It’s been that way for the US’s whole history, it’s the traditional role of legislatures in all democratic countries, and putting this power instead in the president’s hands cuts the people’s representatives out of the process of determining how they are taxed — a concept that goes back to before the American Revolution.”
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“The presidential power to impose tariffs does not originate from a simple bill or program; rather, it slowly accreted over time, with a particular expansion over the past decade as the Trump administration rediscovered authorities in old laws that enabled it to wage a trade war with China and protect the steel industry.
Section 232 of the Trade Expansion Act of 1962, for instance, gives the president the right to levy tariffs upon the secretary of commerce’s recommendation without asking Congress. This was the authority Trump used to slap tariffs on steel and aluminum back in 2018, tariffs which Biden recently expanded slightly.
Section 301 of the Trade Act of 1974 gives a similar power to impose tariffs based on unfair trade practices by foreign nations on the advice of the Office of the US Trade Representative. Trump used this power to impose sweeping tariffs against China. Biden has made liberal use of this power, too, expanding tariffs on steel, batteries, solar cells, and electric vehicles from China.
Finally, there’s Section 201 of that same 1974 law, which allows tariffs against imports that “seriously injured or threatened … serious injury” to domestic companies. Trump and Biden have used this to justify tariffs on washing machines and solar cells from most countries.
Even if Trump couldn’t implement a full 10 percent tariff on all imports with his executive powers — because the previous authorities apply only to specific industries or specific countries — he could make a lot of progress toward that goal. His 60 percent tariff on all Chinese imports, for instance, may very well be possible because it’s narrowly targeted at one nation. He and Biden have proven that the president can, without Congress, raise taxes on imports very significantly.
I happen to think most of both Trump and Biden’s tariffs were wrongheaded and that Trump’s plan for more sweeping tariffs amounts to a significant tax increase on the poor and middle class that would hurt US exports, invite retaliation from other countries, harm America’s international reputation, and fail to create any jobs for people who need them. (Vice President Kamala Harris has attacked the Trump tariff plan as a “sales tax” but hasn’t disavowed Biden’s tariff policies.)”
“Vance repeatedly downplayed the radicalism of Trump’s agenda by saying things that were not strictly untrue but which conveyed a (beneficially) false impression of the ticket’s positions.
He used this gambit most shamelessly when defending Trump’s commitment to democracy. Confronted with his running mate’s attempts to overturn the results of the 2020 election — in part, by fomenting an insurrectionary riot at the US Capitol — Vance declared that Trump told the protesters on January 6 to protest “peacefully,” and that he “peacefully gave over power on January 20th as we have done for 250 years in this country.”
On January 6, 2021, Trump did call on his supporters to march “peacefully and patriotically” to the Capitol. But also told them to “fight like hell. And if you don’t fight like hell, you’re not going to have a country anymore.” And while the former president did eventually leave office of his own volition, he first attempted to coerce election officials in multiple states to help him retain power by nullifying results.
Similarly, in defending Trump’s proposal to put a 10 percent tariff on all foreign imports, Vance suggested that the policy was bipartisan common sense, observing that Joe Biden himself had preserved some of “the Trump tariffs that protected American manufacturing jobs.” But this was virtually a non sequitur: Imposing tariffs on a select number of goods that one deems to be of strategic importance and imposing a 10 percent duty on all imports, including agricultural products that the United States cannot possibly produce domestically — are dramatically different propositions. Vance’s line is a bit like suggesting that it isn’t controversial for the government to nationalize all industries because both parties support the existence of public schools and veterans hospitals.
Finally, and most subtly, Vance muddied the waters on abortion by expressing empathy for his adversaries on the issue. The GOP vice presidential candidate said that a dear friend of his told him that she felt that she needed to have an abortion because carrying the pregnancy to term would have locked her into an abusive relationship. Vance said that he took from that conversation that Republicans needed to earn “the American people’s trust back on this issue where they frankly just don’t trust us. That’s one of the things Donald Trump and I are endeavoring to do.”
To an inattentive voter, this could make it sound as though Vance was calling for the party to regain the public’s trust by rethinking its opposition to abortion rights when, in actuality, Vance was merely saying that Republicans should make life easier for the women whom they force to give birth — such as through public spending on child care, a policy Vance endorsed during the debate but which has scant support among other Republicans.”
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“Vance also utilized the more straightforward and time-tested technique of making stuff up.”
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“Finally, Vance attempted to steer the conversation away from policy proposals and toward various good things that happened while Trump was president and bad things that happened with Biden and Vice President Kamala Harris in power. Voters may be lukewarm on Trump’s economic proposals, such as cutting corporate taxes, but many do remember his tenure nostalgically, due to the fact that his first three years in office saw relatively low unemployment and low inflation.
Vance sought to spotlight this fact by saying that “Donald Trump delivered for the American people: rising wages, rising take-home pay, an economy that worked for normal Americans.” And he asked rhetorically, “When was the last time an American president didn’t have a major conflict break out” on their watch, before answering, “The four years Donald Trump was president.”
In reality, unemployment was already trending lower and wages were trending higher for years before Trump took office, and they did not dramatically accelerate upon his election. Meanwhile, Trump ordered the assassination of a top Iranian official, thereby nearly triggering another Middle Eastern conflict.
It is unclear why Kamala Harris bears responsibility for, say, the outbreak of war between Russia and Ukraine but Donald Trump does not bear any responsibility for the Covid-19 pandemic. Neither had direct agency over either of those events, and Harris was not even president when the former occurred.”
Is the nfl a monopoly or oligopoly? Femveratu. 2022. Reddit. Is the nfl a monopoly or oligopoly? Seth066. SwissyVictory. 2022. Reddit. Is the nfl a monopoly or oligopoly? Seth066. The Economic Structure of the NFL John Vrooman. K.G. Quinn (ED.). 2012. The