For those who have long wondered what could be so bad it we elected an absolute moron to be presidnet of the United States here is your answer.
Courtesy of CNN:
President Donald Trump claimed he has the “absolute right” to “order” US companies to stop doing business with China that would involve using his broad executive authority in a new and unprecedented way under a 1977 law.
On Friday, China unveiled a new round of retaliatory tariffs on about $75 billion worth of US goods, the latest escalation in an on-going trade war that’s putting a strain on the world’s two largest economies. In response, Trump wrote on Twitter later Friday: “Our great American companies are hereby ordered to immediately start looking for an alternative to China including bringing …your companies HOME and making your products in the USA.”
When leaving the White House for the G7 summit in France, Trump told reporters, “I have the absolute right to do that, but we’ll see how it goes.” He later explained that he was referring to the 1977 International Emergency Economic Powers Act (IEEPA), and in a Friday tweet wrote: “For all of the Fake News Reporters that don’t have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977. Case closed!”
Okay here is the thing.
The 1977 IEEPA law was passed after Watergate and Vietnam to give the president special powers to regulate a variety of economic transactions following the declaration of a national emergency.
Of course first, he has to consult with Congress before he can declare a national emergency and then send them a report explaining why he invoked the national emergency after he has done so.
Congress, in turn, can end an emergency with a joint resolution
So how long do you think that it will take Nancy Pelosi to make that happen if Trump starts abusing this law?
Yeah, I think immediately as well.
As it turns out this law has been used a number of times for legitimate reasons, such as when President Carter utilized it to impose trade sanctions against Iran, and freeze their assets, in response to the 1979 hostage crisis.
But Trump is just trying to use these powers to bully other countries, and to act the dictator.
That is not what they are for, and the Democrats in Washington are certainly not going to stand by as he abuses his office like this.
Completely off topic, but how is that impeachment investigation going again?