Will stocks soar today?

Applying tarifs is well within the powers of the execution branch. This is strictly about putting obstacles in trumps way. Nothing more nothing less. It's all that you cockroaches can do and have done for 12 years
People with law degrees and who have studied the subject extensively disagree, at least in this case.
 
The Federal Courts get to decide if the Constitution gave the powers addressed to the Executive Branch and if the EB is exceeding its authority, otherwise we have a king, not a president. That might be in 8th grade civics.
District courts are the one's doing all the usurping brainless wonder.

How is this President exceeding his authority? What laws would you be referring to?
 
Applying tarifs is well within the powers of the execution branch. This is strictly about putting obstacles in trumps way. Nothing more nothing less. It's all that you cockroaches can do and have done for 12 years

Indeed:

The Court defined these boundaries regarding tariffs in a landmark decision from 1892, Field v. Clark. Marshall Field & Co. objected to tariffs placed on sugar, molasses, coffee, tea, and hides under the Tariff Act of 1890, which directed the president to place such levies when other nations used tariffs the president “may deem to be reciprocally unequal and unreasonable.” Marshall Field claimed Congress had improperly granted legislative powers to the president.

In his majority opinion, Justice John Marshall Harlan said the president was acting in his executive role executing a congressional policy. “What the president was required to do was simply in execution of the act of Congress. It was not the making of law. He was the mere agent of the lawmaking department to ascertain and declare the event upon which its expressed will was to take effect.”

Congress increasingly took a less active role in levying tariffs directly, especially after the 16th Amendment’s ratification in 1913 led to a federal income tax that replaced tariffs as a main source of federal government revenue. In 1934, Congress passed the Reciprocal Trade Agreements Act, which gave President Franklin Roosevelt the ability to change tariffs rates by 50% and negotiate bilateral trade agreements without additional approval from Congress. Since then, the president has mostly controlled and executed tariffs policies as defined by Congress.


 
People with law degrees and who have studied the subject extensively disagree, at least in this case.
Really? Which ones? Let's see a list.

Laws That Allow the President to Impose Tariffs

According to the Congressional Research Service, there are six statutory provisions currently in place that control how the president and the executive branch can use tariffs. Three provisions require federal agency investigations before a tariff can be imposed. The other provisions do not require an investigation before actions are taken.

Section 232 of the Trade Expansion Act of 1962 has been used by the first and second Trump administrations for steel and aluminum imports. It authorizes the president to ask the Secretary of Commerce to determine if goods are being imported in manner that threatens national security. The secretary then reports back to the president if he has any affirmative findings. “Section 232 does not require the President to follow the Secretary’s recommendations but permits him to take alternative actions or no action,” the CRS says. Under Section 232, there is no maximum time limit on the president’s tariff actions.

Another provision that requires an investigation is Section 201 of the Trade Act of 1974. The act allows the president to impose tariffs if the U.S. International Trade Commission (ITC) finds that an import surge is threatening a U.S. domestic industry. If the ITC makes an affirmative determination, the president can take action accordingly, including placing tariffs. Tariffs imposed under Section 201 are not meant to be permanent, and the actions have a limit of four to eight years.

Section 301 of the Trade Act of 1974 allows the United States Trade Representative (USTR) to authorize tariffs on foreign countries that restrict U.S. commerce in “unjustifiable,” “unreasonable,” or “discriminatory” ways. If the USTR confirms such behavior after an investigation, the president has the discretion to allow the USTR to impose tariffs for at least four years.
 
That is simply not what they are doing, they are applying the law of the Constitution of the United States, policy is not a factor.
What laws are they applying and how can District Courts level nationwide injunctions on the Executive?

The only arguments I am seeing from the activists Obama and Biden appointees is emotional hubris.
 
You supposedly have a law.degree LMFAO so.l cite where the Constitution says the executive branch can't apply tariffs. It should be easy right?
There is no way Jarod, who illustrates what a simple minded and uneducated dotard looks like has a law degree.

He's nothing more than a partisan hack who parrots lame MSNBC talking points he heard.
 
Trump’s tariffs blocked by the courts, watch to see how the markets react!
A federal trade court is not the President of the United States. They are illegally overriding the will of We The People who voted for Trump to do exactly what he has been doing regarding trade, and he has the legal grounds to do it.

This unconstitutional ruling (and usurpation of Executive Power) WILL quickly be overturned by SCOTUS, or else people will quickly start doing certain things that typically happen when "voting your way out of it" is no longer an option.
 
A federal trade court is not the President of the United States.

This unconstitutional ruling (and usurpation of Executive Power) WILL quickly be overturned by SCOTUS, or else people will quickly start doing certain things that typically happen when "voting your way out of it" is no longer an option.
Where does the Constitution give the Executive this power you say he has?
 
A federal trade court is not the President of the United States. They are illegally overriding the will of We The People who voted for Trump to do exactly what he has been doing regarding trade, and he has the legal grounds to do it.

This unconstitutional ruling (and usurpation of Executive Power) WILL quickly be overturned by SCOTUS, or else people will quickly start doing certain things that typically happen when "voting your way out of it" is no longer an option.
And " We The People who voted for Trump " are starting to feel the effects of prices going up and a lot of them in red states are starting to cry " I didn't vote for THIS "
You can read that in the news almost every day now.
And NOT all Trumps tariffs have been put in place yet when they are IMO there will be a lot more MAGAS crying .
 
So the DOW being down over 1400 points since Jan. didn't hurt anybody's 401s or retirement accounts is that what you are saying?
Bidens Presidency went from January 20, 2021 to January 20, 2025.

During that time, the Dow hit a high of 44,920 in November 2024 only to drop to 42,924 in December the same year. I don't recall a shrill outcry that Biden had destroyed the economy when that happened. Why is that?

In January 2025 the DOW climbed back to 44,544. Yet I didn't see any cheers from the left. So yes, the DOW goes up, and the DOW goes down. But in the long run, not being in stocks is a losers tactic.

 
Where does the Constitution give the Executive this power you say he has?
It doesn't. Congress has DELEGATED that power many decades ago.

Read and become informed instead of parroting lame dumb MSNBC talking points. :palm:

How Congress delegates its tariff powers to the president

 
And " We The People who voted for Trump " are starting to feel the effects of prices going up and a lot of them in red states are starting to cry " I didn't vote for THIS "
You can read that in the news almost every day now.
And NOT all Trumps tariffs have been put in place yet when they are IMO there will be a lot more MAGAS crying .
bullshit.gif
 
Back
Top