patrick.net

Not wrong at all. But we all knew or at least I did, this was going to be a shit storm with tariffs. Trump is ripping the bandaid off. Yes it will hurt for 10 seconds (10 months in real time) but it needed to happen.

NCLA Sues to Stop Trump Admin. from Imposing Emergency Tariffs That Congress Never Authorized

Washington, DC (April 3, 2025) – Today, the New Civil Liberties Alliance filed the first Complaint challenging President Donald Trump’s unlawful attempt to require Americans to pay a heavy tariff on all products they import from China. President Trump imposed the tariff by invoking the International Emergency Economic Powers Act (IEEPA). However, this statute authorizes specific emergency actions like imposing sanctions or freezing assets to protect the United States from foreign threats. It does not authorize the President to impose tariffs. In its nearly 50-year history, no other president—including President Trump in his first term—has ever tried to use the IEEPA to impose tariffs. NCLA’s lawsuit does not quibble with President Trump’s declaration of an opioid-related emergency, but it does take issue with his decision to impose tariffs in response, without legal authority to do so.

...

Under art. 1, § 8 of the Constitution, Congress has sole authority to control tariffs, which it has done by passing detailed tariff statutes. The President cannot bypass those statutes by invoking “emergency” authority in another statute that does not mention tariffs. His attempt to use the IEEPA this way not only violates the law as written, but it also invites application of the Supreme Court’s Major Questions Doctrine, which tells courts not to discern policies of “vast economic and political significance” in a law without explicit congressional authorization. If the IEEPA were held to permit this executive order, then the statute would run afoul of the nondelegation doctrine because it lacks an “intelligible principle” to limit or guide the president’s discretion in imposing tariffs. NCLA is joined by Bryan Gowdy of Creed & Gowdy, P.A. as local counsel in this important case.

will have to buy American made products now.

Booger says

will have to buy American made products now.

Why is that?

RWSGFY says

Booger says

will have to buy American made products now.

Why is that?

I just think a lot of Americans will slow or stop non essential consumption. I know I am. Groceries and maybe a meal out occasionally. Any big purchases are on hold. The prices will come down.

Opposite of what most think, but margins on a lot of products are higher sold in America than most understand. Foreign countries will drop their tariffs and we drop them on our end and the prices slowly fall. Lower interest rates follow as inflation stops. It's just going to take a year. Might be a hot mess for a while.

RWSGFY says

Booger says

will have to buy American made products now.

Why is that?

I just think a lot of Americans will slow or stop non essential consumption. I know I am. Groceries and maybe a meal out occasionally. Any big purchases are on hold. The prices will come down.

Opposite of what most think, but margins on a lot of products are higher sold in America than most understand. Foreign countries will drop their tariffs and we drop them on our end and the prices slowly fall. Lower interest rates follow as inflation stops. It's just going to take a year. Might be a hot mess for a while.

People who are truly intelligent know when they were wrong about something. Usually when smart people are wrong, it’s because they have flawed assumptions.

I was once a staunch advocate of the system we called “free trade.” (Even though it was really not free trade, so for purposes of this post I’ll call the restrictive reality “globalist free trade.") My support for globalist free trade was based on the following four assumptions:

1. Globalist free trade will result in fair trade policies honored by all nations.

2. Countries like China, Myanmar and Vietnam will abandon their tyrannical governments and oppressive social conventions once globalist free trade is in place, and will join the world of free, peaceful, democratic societies.

3. Globalist free trade will make unskilled workers in poor countries into a robust middle class.

4. US manufacturing jobs will leave, but all American citizens will then have robust opportunities in the knowledge economy that will raise the standards of living for all.

These four assumptions underpinned all support for globalist free trade.

All four of these assumptions were badly, badly wrong. They were wildly off the mark.

Today, our intelligentsia are unable to do what I did (admit my assumptions were wrong) and instead cling to the same Chamber of Commerce 1990s rhetoric that brought us to this hellscape.

The mark of true intelligence is the ability to admit you were wrong. Our self-appointed “elites” are showing us in the tariffs argument just how unintelligent they actually are.

From the internets:

I keep hearing people interpret the cost of tariffs incorrectly. Let's use an example with easy math.

I import 100 pairs of sneakers from a foreign country to sell in my home country. Each shoe costs me $100 to produce, package and ship to my warehouse. My total customs declaration is $10,000. If the tariff is 10%, then I pay $1,000 to the Customs and Border Patrol. My total cost for the sneakers is $11,000.

I now have a choice. Do I pass the $10 cost increase per sneaker to my customers, or do I accept a smaller profit margin? The answer, of course, depends on the price sensitivity of my customers.

What I keep hearing from people is that the tariff is on the retail value of the goods, and the price is going to increase by the tariff rate. This is not at all how it works. Please, conduct a bit of research for yourself. Trust but verify.

Trump Tariffs Praised by U.S. Shrimp Harvesters: President ‘Threw Us A Lifeline’

“The U.S. domestic shrimp industry has been on a downward trajectory for decades now as a direct result of the unfair trade in the overseas aquaculture industry for growing shrimp overseas,” Leann Borsarge, the COO of Bosarge Boats, told Fox Business on Friday.

“And these tariffs threw us a lifeline that we needed to hopefully live to fight another day in our industry in this country,” Borsarge added.

On Wednesday, President Trump announced a baseline levy of 10 percent on imports from foreign countries and “individualized reciprocal higher” tariffs on certain countries, which shrimp harvesters believe will help them compete against the foreign shrimp industry.

A staggering 94 percent of shrimp eaten in the United States is reportedly imported from foreign countries — typically India, Ecuador, Indonesia, Vietnam, Thailand, and Argentina.

Except... Trump just eliminated tariffs on all Argentine goods.

Except... Trump just eliminated tariffs on all Argentine goods.

How many people actually eat shrimp frequently?

WookieMan says

How many people actually eat shrimp frequently?

maybe at most we eat it in our home about once or twice a month and we live in the Florida panhandle near a few seafood stores , and its the frozen breaded butterfly shrimp sold as Great Value brand at Walmart

i've been reading that the Florida government has been issuing grants for aquaculture

target="_blank">https://www.jacksonville.com/story/business/2014/05/07/nations-largest-shrimp-farm-opens-florida/15796509007/

.

He's clearly biased as can be to the northeast.

That being said, it was only a matter of time before China goes to war. They seem to want war more than Russia wanted war.

You think China has it bad ???? Look at Europe. Unless they increase tariffs massively, Europe will be pretty much be de-industrialized over the next few years. Their Defense spending will be the only thing keeping their economies functioning.

How many people actually eat shrimp frequently? Not allergic, but I've never liked it.

WookieMan says

He's clearly biased as can be to the northeast.

It's where modern Pizza was invented.

want war more than Russia wanted war.

Australia's beef industry is feeling relieved, as Trump's 10% tariff on the country's products is not enough to shrink beef exports to the United States running at record levels averaging $275 million a month in the six months to February, industry insiders said.

Meanwhile, tit-for-tat tariffs imposed by China, along with Beijing deciding not to renew the local registration of hundreds of U.S. meat facilities, threaten U.S. beef exports to China worth around $125 million a month, giving Australia and others such as Brazil, Argentina and New Zealand an opportunity to increase their shipments.
"I'm not too stressed by 10%," said Andrew McDonald, whose Bindaree Food Group runs meat processing facilities in Australia and ships beef to the United States.
He said the tariff announcement had revived interest in Australian beef from U.S. buyers who had paused orders for weeks while waiting to see what Trump's tariff action would look like, and that demand for Australian beef into China was rising.

U.S. beef imports are high after years of dry weather shrank cattle numbers to their lowest since the 1950s, reducing production and raising local prices. Analysts said it will take years for domestic production to grow.
Australia, with a herd swelled by wet weather, is flush with supply and has become the biggest shipper to the U.S., offering lower prices and lean cuts that the U.S. lacks.
Imported Australian lean trim beef in the U.S. was priced around $3.12 a pound - or almost half a kilogram - before the tariff, said Rabobank analyst Angus Gidley-Baird.

The tariff lifted that to $3.43 a pound, still well below the local product which was priced around $3.80, he said, adding just 2.5 cents to the cost of a quarter-pounder made partly from Australian beef.
While extra costs are likely to be shared through the supply chain, a sharp fall in the Australian dollar versus the U.S. dollar means Australian producers will feel little pain, analysts said. A cheaper currency is an incentive for U.S. buyers to increase purchases and means Australian sellers receive more local currency per U.S. dollar they receive.

The northeast just doesn't have what the midwest does.

Trump needs to issue an executive order that smartphones and laptops used by the US Military be wholly US manufactured by 2027 from CPU to screen.

The journey of 1000 miles of reindustrialization starts with the first step.

Oh wow, already we got Vietnam and several other nations talking about REAL free trade deals. These same countries were mouthing platitudes and doing a whole bunch of nothing for decades about reciprocity.



"But muh friendship and understanding due to trade". Go take a look at the belligerents in WW1. Had been each other's top trade partners by far.

https://dannydayan.substack.com/p/the-end-goal

Article argues that the real goal of tariffs is to be able to fight a war with China and win.