The Truth About Tariffs

864F1F25-F8A5-4935-9CB4-43016F41AFA9“It’s simple economics, Max,” Jarred said. “When the president imposes tariffs on Mexico and other countries, those countries pay the price, economically speaking.”

“The president shouldn’t be unilaterally imposing tariffs, Jarred,” Max said. “According to the U.S. Constitution, it’s Congress alone that has the power to impose tariffs.”

“That’s not entirely true,” Jarred said. “In 1977, The International Emergency Economic Powers Act granted the president the right to impose trade restrictions for reasons of national security, specifically for ‘an unusual and extraordinary threat with respect to which a national emergency has been declared.’”

“So are you saying,” Max said, “that what is happening at our southern border qualifies as a ‘national security threat’ in the context of that amorphous law?”

“Yes, it’s a legitimate national emergency,” Jarred said.

“That’s just ludicrous,” Max said. “If it is an emergency, which it’s not, it’s one that Trump created in his own mind and by his own actions. He’s just trying to fulfill an ill-conceived campaign promise to satisfy his base. He’s chasing windmills.”

“No,” Jarred said. “He’s punishing other countries for defying America. He’s saving our country and our workers.”

“You’re such a lemming,” Max said. “All his stupid tariffs are going to accomplish is to raise the prices American have to pay for imported goods. It’s not going to make domestic goods any less expensive and it’s not going to save any American jobs. That’s naïve. With Trump at the helm, Americans are stuck on shit’s creek without a paddle.”


Written for these daily prompts: The Daily Spur (economics), Your Daily Word Prompt (amorphous), Fandango’s One-Word Challenge (ludicrous), Ragtag Daily Prompt (chase), and Word of the Day Challenge (paddle).

14 thoughts on “The Truth About Tariffs

  1. Paula Light June 3, 2019 / 11:24 am

    My hope is that the increased price of avocados will inspire apathados to vote.

    Liked by 4 people

  2. blindzanygirl June 3, 2019 / 11:53 am

    Brilliant

    Liked by 1 person

  3. Marleen June 3, 2019 / 1:51 pm

    https://www.law.cornell.edu/uscode/text/50/chapter-35

    U.S. Code Title 50. WAR AND NATIONAL DEFENSE
    Chapter 35. INTERNATIONAL EMERGENCY ECONOMIC POWERS

    § 1701. Unusual and extraordinary threat; declaration of national emergency; exercise of Presidential authorities
    § 1702. Presidential authorities
    § 1703. Consultation and reports
    § 1704. Authority to issue regulations
    § 1705. Penalties
    § 1706. Savings provisions
    § 1707. Multinational economic embargoes against governments in armed conflict with the United States
    § 1708. Actions to address economic or industrial espionage in cyberspace

    (a) Consultation with Congress
    The President, in every possible instance, shall consult with the Congress before exercising any of the authorities granted by this chapter and shall consult regularly with the Congress so long as such authorities are exercised.

    (b) Report to Congress upon exercise of Presidential authoritiesWhenever the President exercises any of the authorities granted by this chapter, he shall immediately transmit to the Congress a report specifying—
    (1) the circumstances which necessitate such exercise of authority;
    (2) why the President believes those circumstances constitute an 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;
    (3) the authorities to be exercised and the actions to be taken in the exercise of those authorities to deal with those circumstances;
    (4) why the President believes such actions are necessary to deal with those circumstances; and
    (5) any foreign countries with respect to which such actions are to be taken and why such actions are to be taken with respect to those countries.
    (c) Periodic follow-up reports
    At least once during each succeeding six-month period after transmitting a report pursuant to subsection (b) with respect to an exercise of authorities under this chapter, the President shall report to the Congress with respect to the actions taken, since the last such report, in the exercise of such authorities, and with respect to any changes which have occurred concerning any information previously furnished pursuant to paragraphs (1) through (5) of subsection (b).

    (d) Supplemental requirements
    The requirements of this section are supplemental to those contained in title IV of the National Emergencies Act [50 U.S.C. 1641].

    (Pub. L. 95–223, title II, § 204, Dec. 28, 1977, 91 Stat. 1627.)

    Section 1641. Accountability and reporting requirements of President
    50 U.S. Code § 1641. Accountability and reporting requirements of President

    Authorities (CFR)

    (a) Maintenance of file and index of Presidential orders, rules and regulations during national emergency
    When the President declares a national emergency, or Congress declares war, the President shall be responsible for maintaining a file and index of all significant orders of the President, including Executive orders and proclamations, and each Executive agency shall maintain a file and index of all rules and regulations, issued during such emergency or war issued pursuant to such declarations.

    (b) Presidential orders, rules and regulations; transmittal to Congress
    All such significant orders of the President, including Executive orders, and such rules and regulations shall be transmitted to the Congress promptly under means to assure confidentiality where appropriate.

    (c) Expenditures during national emergency; Presidential reports to Congress
    When the President declares a national emergency or Congress declares war, the President shall transmit to Congress, within ninety days after the end of each six-month period after such declaration, a report on the total expenditures incurred by the United States Government during such six-month period which are directly attributable to the exercise of powers and authorities conferred by such declaration. Not later than ninety days after the termination of each such emergency or war, the President shall transmit a final report on all such expenditures.

    (Pub. L. 94–412, title IV, § 401, Sept. 14, 1976, 90 Stat. 1257.)

    Liked by 1 person

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