Logo
Top Stories
Media Ratings
Latest
World
Sports
All Golf Football Boxing Basketball NFL MMA Tennis Formula 1 MLB
North America
USA Canada Mexico
Europe
United Kingdom Austria Belgium France Italy Germany Portugal Russia Greece Sweden Spain Switzerland Turkey Ireland
Asia Pacific
China South Korea Australia Singapore India Malaysia Japan Vietnam
Latin America
Brazil Colombia Costa Rica Cuba Chile Ecuador Uruguay Venezuela
Africa
Egypt Ethiopia Ghana Kenya Morocco South Africa
Middle East
Israel Lebanon Syria Iraq Iran United Arab Emirates Qatar
Crypto
Entertainment
Politics
Tech

About us, Contact us, Contribute, Privacy Policy, Review Guidelines, Legal Notice

No Result
View All Result
  • Login
  • Register
  • Top Stories
  • Latest
  • USA
  • United Kingdom
  • Europe
  • Africa
  • Asia Pacific
  • Latin America
  • Middle East
  • Sports

Home » Trump chastised for plan to introduce ‘more chaos’

Trump chastised for plan to introduce ‘more chaos’

Alternet by Alternet
19 minutes ago
0 0

President Donald Trump defiantly vowed to continue slapping tariffs on imported goods on Friday after the US Supreme Court overturned the so-called “Liberation Day” tariffs he implemented last year.In a press conference held hours after the Supreme Court ruled against the president’s tariff regime, Trump said that he had other tools at his disposal that allowed him to hit foreign products with taxes. Among other things, Trump said he was going to issue a 10% global tariff using his authority under Section 122 of the Trade Act of 1974 that allows the president to levy tariffs to address “large and serious” balance-of-payments deficits with foreign nations.However, as a Friday analysis by the libertarian Cato Institute explains, any tariffs enacted through Section 122 expire after 150 days without authorization from Congress, which in theory could put vulnerable congressional Republicans on the spot to vote for or against the president’s signature policy this summer right before the 2026 midterm elections.The president’s decision to plow ahead with his politically unpopular tariffs drew immediate criticism from Sen. Amy Klobuchar (D-Minn.), who said during an interview with MS NOW that Trump was creating even more economic uncertainty.“What he’s done is just doubled down and tried to make it worse,” Klobuchar explained, “which, of course, is going to create more cost and chaos for the American people.”Nobel Prize-winning economist Paul Krugman also predicted more chaos in the months to come from Trump’s trade policies, particularly when it comes to businesses that will now lobby to get back the money illegally seized from them by the president’s unconstitutional tariff regime.Writing on his Substack, Krugman argued that Trump finding alternative means to levy tariffs would not “obviate the need to refund the tariffs already collected,” because “if you seized money without constitutional authority, finding other revenue sources going forward doesn’t make the original seizure legal.”David Frum, staff writer at The Atlantic, predicted that the coming lawsuits aimed at getting refunds for the illegal tariffs would be a massive mess.“The post-tariff litigation is going to be nightmarish,” he wrote on social media. “Wrongfully taxed plaintiffs will now sue for return of their illegally taken money. Can their customers then sue for a portion of the higher prices caused by the wrongful taxes? More Trump chaos.”However, US Treasury Secretary Scott Bessent downplayed the possibility of American businesses and consumers getting refunded for the tariffs.While speaking at the Economic Club of Dallas on Friday, Bessent was asked if he expected a “food fight” for the $175 billion in tariff revenues that government has illegally collected since April.“I’ve got a feeling the American people won’t see it,” Bessent said of the tariff money.However, some Democrats indicated that they were not simply going to let the administration getting away with money they unlawfully confiscated from US businesses and consumers.“Donald Trump illegally stole your money,” wrote Sen. Elizabeth Warren (D-Mass.). “He should give it back to you. Instead Trump is scheming up new ways to force Americans to pay even more.”Democrats on the US House Ways and Means Committee wrote that “Trump does not want to refund the money he illegally stole from you,” vowing the party “won’t stop fighting to get your money back.”Democratic Illinois Gov. JB Pritzker wrote Trump a letter after the Supreme Court ruling demanding that the president provide every family in his state a $1,700 refund for the tariffs, which he said “wreaked havoc on farmers, enraged our allies, and sent grocery prices through the roof.”

Read Full Article

Tags: Donald TrumpTrump
Login
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Posts

What does the end of US-Russia nuclear arms treaty mean for disarmament?

What does the end of US-Russia nuclear arms treaty mean for disarmament?
by Radio France Internationale
2 minutes ago

...

Read moreDetails

Milano Cortina 2026: Miura-Kihara Duo, Other Japanese Figure Skating Medalists Join in Exhibition Gala, Draw Excited Cheers from Audience

Milano Cortina 2026: Miura-Kihara Duo, Other Japanese Figure Skating Medalists Join in Exhibition Gala, Draw Excited Cheers from Audience
by The Japan News
12 minutes ago

...

Read moreDetails

The forgotten Al Bowlly: The singer, killed by Nazi bombs, now celebrated by King Charles III and Dua Lipa

by El Pais
20 minutes ago

...

Read moreDetails

BACKFIRE: After the Left Tried to Cancel This Right Wing Comedian, He Picked Up More Shows And a Ton of New Followers

by The Gateway Pundit
21 minutes ago

...

Read moreDetails

Overseas Pakistanis eligible for one-year Spanish resident cards

by The Express Tribune
22 minutes ago

...

Read moreDetails
Load More

Trending Topics

Africa Artificial Intelligence Asia Australia Biden Canada China Donald Trump England Europe Force France Gaza Germany Hamas IDF India Iran Israel Joe Biden Kamala Harris Lions London Manchester Moscow NATO Netanyahu New York Nvidia OpenAI Palestine Paris Premier League Presidential Campaign Protests Putin Republican Party Russia Sport Trump Ukraine Ukraine War US Election World Zelensky

Popular Stories

  • Renowned scientist who studied distant planets fatally shot at his home near LA

    0 shares
    Share 0 Tweet 0
  • Nov 2024 protest was a missed opportunity to secure Imran’s release, Rana Sanaullah says

    0 shares
    Share 0 Tweet 0
  • Trump to boost Argentina beef imports as cost worries bite

    0 shares
    Share 0 Tweet 0
  • Bulgarian MEP Yoncheva Presses von der Leyen to Clarify GPS Incident

    0 shares
    Share 0 Tweet 0
  • Japan plans ‘world first’ deep-sea rare earth mineral extraction

    0 shares
    Share 0 Tweet 0
  • Top Stories
  • About us
  • Africa
  • Latest
  • Asia Pacific
  • Business
  • Comment Policy
  • Contact us
  • Contribute
  • Entertainment
  • Europe
  • Media Ratings
  • Middle East
  • Politics
  • Privacy Policy
  • Review Guidelines
  • United Kingdom
  • User Agreement
  • Video
  • World

MACH MEDIA

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Back
Home
Explore
Ratings
  • Login
  • Sign Up
  • Top Stories
  • Media Ratings
  • Latest
  • World
  • Sports
    • All
    • Golf
    • Football
    • Boxing
    • Basketball
    • NFL
    • MMA
    • Tennis
    • Formula 1
    • MLB
  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Austria
    • Belgium
    • France
    • Italy
    • Germany
    • Portugal
    • Russia
    • Greece
    • Sweden
    • Spain
    • Switzerland
    • Turkey
    • Ireland
  • Asia Pacific
    • China
    • South Korea
    • Australia
    • Singapore
    • India
    • Malaysia
    • Japan
    • Vietnam
  • Latin America
    • Brazil
    • Colombia
    • Costa Rica
    • Cuba
    • Chile
    • Ecuador
    • Uruguay
    • Venezuela
  • Africa
    • Egypt
    • Ethiopia
    • Ghana
    • Kenya
    • Morocco
    • South Africa
  • Middle East
    • Israel
    • Lebanon
    • Syria
    • Iraq
    • Iran
    • United Arab Emirates
    • Qatar
  • Crypto
  • Entertainment
  • Politics
  • Tech

MACH MEDIA