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Posted

Yeah, see, I should replace my existing ride with one of these, yeah, just to get into the spirit. See?

Chollie, hand me my Tommy gun!

RATATATAT

005-junior-johnson-nascar-moonshine-dodg

 

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Posted

They held hearings on the summary judgment motions as recently as May 21.   That was a pretty quick decision. But then, Trump’s decision to take over all tariff making power in the country in such a bullshit excuse-giving way means that the decision could’ve been written in a day without the hearings and still been correct. 

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Posted

And as much as I would love to blame Trump, the fault for this lands squarely  on the GOP Congress and their toady-like surrender of their congressional obligations under the Constitution.

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Posted
59 minutes ago, Gatorubet said:

And as much as I would love to blame Trump, the fault for this lands squarely  on the GOP Congress and their toady-like surrender of their congressional obligations under the Constitution.

why not both

Posted (edited)
1 hour ago, Gatorubet said:

And as much as I would love to blame Trump, the fault for this lands squarely  on the GOP Congress and their toady-like surrender of their congressional obligations under the Constitution.

Well, to be fair Congress surrendered it's tariff powers here in 1977, although it attempted to retain a legislative veto.  When that was overruled indirectly, Congress went Goatse in 1985. 

But, it was by going Goatse that made this an impermissible delegation.

Edited by TwiceHorn
Posted
3 minutes ago, TwiceHorn said:

Well, to be fair

I don’t even know you anymore….

 

jk.  

I grant you that as the history, but once the orange turd started spouting about his plans to tariff the fuck out of the world’s economy, the only people in charge who could change that was the GOP Congress. 

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Posted (edited)
9 minutes ago, Gatorubet said:

I don’t even know you anymore….

 

jk.  

I grant you that as the history, but once the orange turd started spouting about his plans to tariff the fuck out of the world’s economy, the only people in charge who could change that was the GOP Congress. 

True enough.  But it was super-foolish to delegate so broadly to the executive and when their kill-switch got overruled, they should have undone it immediately.  I have a longstanding beef with the US Congress, #bothsides.

Edited by TwiceHorn
Posted
2 hours ago, 956 Worldwide said:

Just looked up the composition of the federal circuit and remarkably of 12 justices— not a single DJT nominee.

Lawrence O’Donnell on MSNBC just said that a Trump appoint he was part of the decision.  I have no idea if that is true, just passing on Talking Heads stuff.

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Posted
8 hours ago, Gatorubet said:

Lawrence O’Donnell on MSNBC just said that a Trump appoint he was part of the decision.  I have no idea if that is true, just passing on Talking Heads stuff.

I had looked up the composition of the federal circuit that will hear the admin appeal, not the panel that already decided. 

Posted
8 hours ago, 956 Worldwide said:

I had looked up the composition of the federal circuit that will hear the admin appeal, not the panel that already decided. 

Interesting group. A large bucket of current Biden and Obama appointees, and a whole bunch of Reagan and Bush judges on senior status.  

I guess they will hear that second case invalidating Trump‘s tariff authority as well. 

Posted (edited)
6 hours ago, Gatorubet said:

Interesting group. A large bucket of current Biden and Obama appointees, and a whole bunch of Reagan and Bush judges on senior status.  

I guess they will hear that second case invalidating Trump‘s tariff authority as well. 

They hear appeals of patent cases from the PTO, District Courts and ITC, and Merit System Protections Board appeals, and appeals from the CIT.

They're mostly patent-types. With a couple of international trade types. There's not a lot of turnover.  Unlike regional circuit judges, their expertise makes them apolitical, and they're drawn from a nationwide "pool."

They administratively stayed the judgment of the CIT pending a real stay request in the CIT followed by one at the Federal Circuit.

As much trauma as we have from the "shadow docket" and things like administrative stays, this is pretty routine.  Nothing to read into it at this point.

Edited by TwiceHorn
  • 4 weeks later...
Posted

#morewinning

https://www.rawstory.com/trump-tariffs-2672427345/

FedEx has seen massive declines in shipping across the Pacific Ocean amid fallout from President Donald Trump's trade war, according to a report.

The company projects its revenue will be flat or increase up to 2% in its fiscal first quarter, the Wall Street Journal reported Tuesday, but it didn’t share projections for the full year, something it had previously done. Additionally, Chief Financial Officer John Dietrich said FedEx expects to see an additional $170 million co

“The macroeconomic environment remains uncertain,” Dietrich said, according to the report. “Our outlook is therefore based on current tariff rates, recent trends we’re seeing, as well as that which we’re hearing from our customers.”

FedEx plans to slash some of its workers in Europe as it tries to reduce costs and prepare for possible changes to customer demand.

“There’s a lot happening outside of FedEx,” CEO Raj Subramaniam said in a call with analysts, according to the report. “Trade policies are evolving and trade patterns are changing.”

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  • 2 weeks later...
Posted
Quote

“Oh, we’ve spoken to everybody. We know every. It’s all done. I told you. I told you we’ll make some deals, but for the most part we’re gonna send a letter. We’re gonna say, ‘Welcome to the United States. If you’d like to participate in the greatest, most successful country ever.’ I mean, we’re doing better than ever. We have. I don’t think. And you’re gonna see these numbers soon. We’ve never had numbers like this. We’ve never had investment like this. Uh, we have more than 90. We’re gonna have much more than 90. But most of those are gonna be sent a letter. This is exactly what I said. Now, we’ve made a deal with United Kingdom. We’ve made a deal with China. We’ve made a deal. We’re close to making a deal with India. Others, we’ve met with, and we don’t think we’re gonna be able to make a deal. So, we just send them a letter. ‘Do you wanna, do you wanna play ball? This is what you have to pay.’ So, we’re, as far as I’m concerned, we’re done. We’re sending out letters to various countries, telling them how much tariffs they have to pay. Some will maybe adjust a little bit depending if they have a, you know, cause. We’re not gonna be unfair about it. And actually, it’s a small fraction compared to what we should be getting. We should be. We could be asking for much more. But for the sake of relationships that we’ve had with a lot of really good countries, we’re doing the way I do it. But we could be getting a lot more. We could ask for a lot more than what we’re asking for.”

 

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Posted

Talk about cutting off your nose to spite your face.

American Allies Want to Redraw the World’s Trade Map, Minus the U.S.
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.

Trade chaos is forcing America’s allies closer together, and further from the United States. And as that happens, the European Union is trying to position itself at the center of a new global trade map.

The bloc learned this weekend that Washington would subject it to 30 percent tariffs starting Aug. 1. Ursula von der Leyen, the president of the E.U. executive branch, responded with a pledge to keep negotiating. She also made it clear that, while the European Union would delay any retaliation until early August, it would continue to draw up plans to hit back with force.

But that was not the entire strategy. Europe, like many of the United States’ trading partners, is also looking for more reliable friends.

“We’re living in turbulent times, and when economic uncertainty meets geopolitical volatility, partners like us must come closer together,” Ms. von der Leyen said on Sunday in Brussels at a news conference alongside the Indonesian president, Prabowo Subianto.

Just as Mr. Trump threatens to put hefty tariffs on many countries, including Indonesia, the European Union is working to relax trade barriers and deepen economic relations.

“In hard times, some turn inward, toward isolation and fragmentation,” Ms. von der Leyen said. Then, in a message implicitly extended to world leaders who have been jolted by Mr. Trump’s tariffs, she added, “You are always welcome here, and you can count on Europe.”

It is a split screen that is becoming typical. On one side, the United States sows uncertainty as it blows up weeks of painstaking negotiations and escalates tariff threats. On the other, the 27-nation European Union and other American trading partners are forging closer ties, laying the groundwork for a global trading system that revolves less and less around an increasingly fickle United States.

“We in Southeast Asia, especially Indonesia, we really consider Europe to be very, very important in providing global stability,” Mr. Prabowo said on Sunday.

It will be hard to move away from the United States, and Mr. Prabowo predicted that America would always be a world leader. It is home to the world’s largest economy, a bustling consumer market and cutting-edge technologies and services.

But many American trading partners feel that they are left with little choice but to diversify. And while trade relationships are difficult to alter, they are also difficult to change back once they have been totally reorganized.

That is what is happening right now.

cont'd: https://archive.is/un9rE

 

Under Attack by Trump’s Tariffs, Asian Countries Seek Out Better Friends
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.

For most countries that received President Trump’s letters last week threatening steep tariffs, especially the Asian nations with economies focused on supplying the United States, there are no obvious substitutes as a destination for their goods.

But they are doing their best to find them.

Business and political leaders around the world have been roundly baffled by the White House’s imposition of new duties, even as governments shuttled envoys back and forth to Washington offering new purchases and pledges of reform. Mr. Trump is erecting new trade barriers and demanding deep concessions by Aug. 1, claiming years of grievance because America buys more than it sells.

“Across the world, tools once used to generate growth are now wielded to pressure, isolate and contain,” Anwar Ibrahim, the prime minister of Malaysia, said at a gathering of Southeast Asian leaders on Wednesday. “As we navigate external pressures, we need to fortify our foundations. Trade among ourselves. Invest more in one another.”

There are already a few signs of such efforts. South Korea’s new president, Lee Jae Myung, sent special envoys to Australia and Germany to discuss defense and trade issues, and plans on dispatching delegations to several others. Brazil and India announced plans to increase their bilateral trade by 70 percent, to $20 billion.

Indonesia says it is nearing a treaty with the European Union that would drop most tariffs on both sides to zero. And in Vietnam, which Mr. Trump said had accepted 20 percent tariffs on its goods headed to the United States before last week’s letters, the deputy trade minister emphasized efforts to reduce her country’s reliance on American consumers by leveraging other trade agreements.

“As more and more countries are feeling that it’s more difficult to satisfy U.S. demands, then their interest in working with others is going to intensify,” said Wendy Cutler, vice president at the Asia Society Policy Institute.

cont'd: https://archive.is/ziHGW

 

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