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Constitutionally, Congress controls tariffs. Congress chose to transfer that power to the President in dozens of statutes over the centuries. The Trade Expansion Act empowers Trump to use tariffs whenever needed for national security. The International Emergency Economic Powers Act empowers Trump to use tariffs in any emergency. The Trade Act empowers Trump to use tariffs to protect US industry and offset injurious foreign trade practices.
Trump’s tariff policy is both Constitutionally rooted and Congressionally approved, with a sound basis in national security and productive economy, reflecting a broader view of the purpose of the economy to make Americans more secure in all respects from foreign threats. As such, it conforms directly to the beliefs and intent of the founding generation.
Robert Barnes
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour:
