#globaltariffs — Public Fediverse posts

#Trump #DonaldTrump #President #USA #Tariffs #GlobalTariffs #America #USPol #UnitedStates #UnitedStatesOfAmerica
In an ideal world having a convicted felon as president would also be illegal. Criminals usually resort to extortion, so this headline’s not really a surprise…

US court rules many of Trump's global tariffs are illegal https://www.bbc.com/news/articles/ckgj7jxkq58o

#Trump #DonaldTrump #UnitedStates #America #USA #President #Tariffs #GlobalTariffs #SkyNews
It may have originated in England in the year 1215, but there’s an element of Magna Carta thankfully apparent here. It’s reassuring to see people attempting to rein Trump in.
What a good news article to wake up to.

#Trump #DonaldTrump #President #USA #UnitedStates #Tariffs #GlobalTariffs
Breaking news!!
US trade court rules Trump overstepped his authority with global tariffs https://www.bbc.com/news/articles/c8xgdj9kyero

"The #MAGA-aligned #capitalists no longer require a healthy national economy to build their wealth. The #workingclass still does. From their perspective, an economic downturn will punish labor. Win-win, for them. So now the interests of America’s ruling class are almost entirely contrary to advancing labor’s well-being.

For that reason, it is a mistake to endorse—as United Auto Workers President Shawn Fain recently did—#Trump’s regime of #globaltariffs. Tariffs are a crucial part of a scheme that uses prolonged economic recession to benefit the rich while disciplining #labor."
@znetwork
https://znetwork.org/znetarticle/viewpoint-why-oligarchs-want-a-recession/