Companies Should Fear Trump’s ‘Emergency’ Powers

Share to twitterDonald Trump during a welcoming ceremony with China's President Xi Jinping on November 9, 2017, in Beijing, China. Since that visit, Trump has increased tariffs on imports from China and threatened to use"emergency" powers against U.S. companiesWhile many commentators mocked Donald Trump’s order to stop producing goods in China, a close reading of the International Emergency Economic Powers Act should worry U.S.

The law states, in section 1701, “Any authority granted to the President . . . may be exercised to deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States, if the President declares a national emergency with respect to such threat.”

. “The act is intended to address extraordinary national security threats and true national emergencies, not fits of presidential pique.” Those who believe a president would not take an action economically harmful to many U.S. companies and consumers may not have paid attention to the administration’s increases in tariffs over the past two years – or Trump’s recent statements. The latest example is a comment that at first was interpreted as backing off on the threat to order U.S. companies to leave China. It instead became a reaffirmation of the U.S.-China trade war.

Never Trump reporters are always finding obscure interpretations to justify an image of stupidity they reflect of the president. This president. Wake up Forbes. Trump bluster is a tool. Not policy.

Looks like 2 Villains of a movie

The system we have made first attacks internally before it affects anyone outside. Hence, caution while exercising acute/extreme actions! Smoother enforcement is better especially for people in control!

What do you think will happen if this trade war were to go hot? Best to play along.

a mad erratic man in charge in DC

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Companies Should Fear Trump’s ‘Emergency’ PowersU.S. companies investing or trading in China should fear Donald Trump using the International Emergency Economic Powers Act. ‘Fear’ is too strong a word. The only people that need fear Trump are those with malintent! The rest need only seek clarity over their concerns and continue their normal course of business! These rhetorics are far too emotional o be of any value! fakenews
Source: Forbes - 🏆 394. / 53 Read more »

Companies Should Fear Trump’s ‘Emergency’ PowersU.S. companies investing or trading in China should fear Donald Trump using the International Emergency Economic Powers Act. ‘Fear’ is too strong a word. The only people that need fear Trump are those with malintent! The rest need only seek clarity over their concerns and continue their normal course of business! These rhetorics are far too emotional o be of any value! fakenews
Source: Forbes - 🏆 394. / 53 Read more »

White House insists Trump has authority to block American companies from doing business in ChinaWhite House economic adviser Larry Kudlow asserted President Trump’s threat to block trade between private Americans businesses and China, saying he has “emergency economic power authority” to do so. Estoy loco porque lo haga... A ver si se acaba de joder USA Does that include his family's businesses? Yeah, I thought not. Do as I say, not as I do. loosecannon
Source: YahooNews - 🏆 380. / 59 Read more »