Comment by JJvH91 on 30/11/2024 at 23:35 UTC

21 upvotes, 2 direct replies (showing 2)

View submission: Trump Threatens ‘100% Tariffs’ Against Countries Trying To ‘Move Away’ From US Dollar: ‘Wave Goodbye To America’

Does he think 100% is the maximum possible for tarrifs?

Replies

Comment by [deleted] at 30/11/2024 at 23:37 UTC

12 upvotes, 0 direct replies

Yes

Comment by Headoutdaplane at 02/12/2024 at 01:31 UTC

1 upvotes, 0 direct replies

He can threaten all he wants, a president can only impose 15% tariffs and that has to be approved by Congress after 150 days. Even his own Congress will not go along with that Google the Trade Act if 1971.

Trump is an idiot, but he knows how to press buttons.