Can't say one way or another whether the power of the president was abused in this case but its a sad state for businesses who can't get started because of flip flopping policy. I'm for the tarrifs, its absolutely ridiculous to think only Wall Street matters.
The power to impose tariffs is given to Congress in the Constitution. Exceptions are allowed but in rare and specific situations. The fact that SCOTUS struck it down means the tariffs as imposed were unconstitutional.
You can be for tariffs all you want, I'm not here to argue their efficacy. But you absolutely cannot with any intellectual honesty still be on the fence about whether he abused his power given this ruling.
It is not "flip flopping policy" to break the bounds of your Constitutional power and be shut down by one of the branches meant to check you.
It is flip flopping policy as far as it was here one day and struck down the next. That's what matters to people attempting to start something here. I should have stated I was not interested in arguing the actual rule process, you have 6-3 vote from the Supreme Court in your favor.
It was absurd to think this was valid policy in the first place. The IEEPA clearly didn’t delegate unilateral tariff authority to the president, especially on the flimsy basis of a “trade emergency”.
If Trump wanted a durable trade policy, work with the legislative majority to pass a real policy with deliberation - just like they should have done with immigration.
Just because businesses / wall street doesn't like something doesn't mean it's necessarily good for every day Americans. The tariff vision of on-shoring manufacturing and reliving the glory days of the post WW2 era was rooted in fantasy. The US simply cannot compete given its labor costs and actual manufacturing know-how.
Perhaps this is an overdue wakeup call, and a freak out is in order regarding this reality but unconstitutional tariffs alone were never going to solve this problem.
If the US really wanted to make a durable shift to manufacturing, presidential tariffs by fiat aren’t a good strategy anyway. Tariffs could be a small part of that strategy but they should be targeted, not broad, and enacted by congress so businesses have the kind of decades-long stability required to invest in factories that take years to pay off.
This is the first semblance of policy certainty. The ruling is a good thing for everyone, Republicans and Trump included, even if they're not intelligent enough to understand why.
It is almost like the flip-flopping policy was never meant to boost US manufacturing, but to secure kickbacks and deals from big companies and countries to get favored treatment.