"They allowed him to punish governments he didn’t like, demand subservience from other countries as the price of lower tariffs, and offer waivers and exemptions to companies that put money in his own pocket. And maybe Trump can’t bear the thought of losing that power."
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"This reporting has created the false impression that the temporary 15% measure is on firmer legal footing than the tariffs that were just struck down by the Supreme Court. In reality, the new tariffs are just as illegal as the ones they replaced."
"Why this desperate attempt to keep tariffs high? A MAGA loyalist would say it’s to preserve what those illegal tariffs have accomplished. But even before they were struck down, the tariffs had achieved none of their stated goals. In fact, they had put those goals further out of reach. ...
It has been clear from the beginning that a primary motivation for tariffs was that they empowered Trump personally."
~ Paul Krugman
#Trump #SupremeCourt #tariffs #ApprovalRating
/9
https://paulkrugman.substack.com/p/attack-of-the-zombie-tariffs
"They allowed him to punish governments he didn’t like, demand subservience from other countries as the price of lower tariffs, and offer waivers and exemptions to companies that put money in his own pocket. And maybe Trump can’t bear the thought of losing that power."
"We could hope that the Supreme Court smacking his hand would serve as a lesson for Trump, but, as his retaliatory 15% global tariff shows, he just won’t learn. We should all remember that when he tries to sell us all a bill of good[s] Tuesday night."
~ April Ryan
#Trump #SupremeCourt #tariffs #ApprovalRating #StateoftheUnion
/11
https://contrarian.substack.com/p/americans-and-the-supreme-court-agree
