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Filtering by entity: Our great Founders | Clear Filter
Summary:The President should have the authority to impose tariffs for national security purposes, similar to the power to stop all trade or license foreign countries, as tariffs are beneficial for US businesses and the current inability to tariff other countries is detrimental.
Sentiment:Policy-Advocating and Critical
Key Claims:
- The President is allowed to stop all trade with and license foreign countries, an action more onerous than a tariff, with full Congressional approval.
- The President is not allowed to impose a simple tariff on a foreign country, even for national security purposes.
- This situation deviates from the intentions of the Founders.
- It is 'ridiculous' that other countries can tariff the U.S. but the U.S. cannot tariff them, which is seen as a 'dream' for other countries.
- Businesses are investing in the USA specifically because of tariffs.
- The United States Supreme Court appears to be unaware of these economic realities.
Potential Market Impact (S&P 500):5/10
Potential Geopolitical Risk:3/10
Potential Global Cross-Asset Impact:6/10
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