Post AtGDBNAGGY72TBTbPs by kevinrns@mstdn.social
 (DIR) More posts by kevinrns@mstdn.social
 (DIR) Post #AtFg7FHoJmnmOFQqAa by Nonilex@masto.ai
       2025-04-19T14:40:53Z
       
       0 likes, 1 repeats
       
       #US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.[We aren’t at war either but he invoked the AEA for the same reason]The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.#law #economy #geopolitics https://www.cnbc.com/2025/04/14/us-businesses-sue-to-block-trump-tariffs-say-trade-deficits-are-not-an-emergency.html
       
 (DIR) Post #AtFgZJa3wfHNojLzBw by Nonilex@masto.ai
       2025-04-19T14:45:58Z
       
       0 likes, 0 repeats
       
       “#Congress has not delegated any such #power,” the suit says. “The statute the President invokes—the International Emergency Economic Powers Act (‘#IEEPA’) — does not authorize the President to unilaterally issue across-the-board worldwide tariffs.”The Liberty Justice Center, which is representing the owner-operated companies, said #Trump’s new #tariffs of at least 10% on imports from most countries & higher rates for scores of other nations are devastating small #businesses across the country.
       
 (DIR) Post #AtFgfNf1gkf8D0ZG88 by Nonilex@masto.ai
       2025-04-19T14:47:03Z
       
       0 likes, 0 repeats
       
       “His claimed #emergency is a figment of his own imagination: #TradeDeficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.“Nor do these trade deficits constitute an ‘unusual & extraordinary threat.’”The Liberty Justice Center noted that the #Trump admin imposed #tariffs even on countries with which the US does NOT have a trade deficit, “further undermining the administration’s justification.”#law #economy #AbuseOfPower #geopolitics
       
 (DIR) Post #AtFpLeuAlRQlUFK5ZY by bronakins@mastodon.world
       2025-04-19T16:24:18Z
       
       0 likes, 0 repeats
       
       @Nonilex This seems like good news I think — I’d assume some trump voters among the plaintiff companies, so this is further evidence of lack of confidence & recognition that he’s taking things too far. I hope more plaintiff companies join this lawsuit!Ps—Never heard of this court before.
       
 (DIR) Post #AtGD2ELffrL0WNSCyu by kevinrns@mstdn.social
       2025-04-19T20:49:42Z
       
       0 likes, 0 repeats
       
       @Nonilex Trade deficit.You: at a garage sale, "I like these plates"Soccer Dad: 50cents each.You: ok ill take six, where do I put my tires?Soccer Dad: Youre buying my used tired arent you, I bought your plates.Soccer Dad: I dont need your tires.You: Get my gun honey, this guy doesnt understand trade deficits._____Seee?Trump is wrecking, thats it, thats all. He was hired to wreck by Putin and the billionaires.
       
 (DIR) Post #AtGDBNAGGY72TBTbPs by kevinrns@mstdn.social
       2025-04-19T20:51:23Z
       
       0 likes, 0 repeats
       
       @Nonilex Trade deficit.You: at a garage sale, "I like these plates"Soccer Dad: 50cents each.You: ok ill take six, where do I put my tires?Soccer Dad: Tires?Soccer Dad: You're buying my used tires, because I bought your plates.Soccer Dad: I dont need your tires.You: Get my gun honey, this guy doesn't understand trade deficits._____Seee?Trump is wrecking, that's it, that's all. He was hired to wreck by Putin and the billionaires.