RUSH EXCERPT:YOO: "Is great to be with you, Paul. Your two questions at stake here. One comment to the, the presiden national emergency over the fact you have a large trade deficit question to be clear the court does not touch that at all. The second question is, if there is a national emergency, did a Congress in the ieepa statute grant the president the power to impose tariffs? The statute gives a the power to impose complete embargoes pretty because the president the power to regulate all economic traffic with another country. Never the less the court said we want to see Congress use the exact word tariffs in the statute. The court simply said because it did not use the word tariffs Congress did not transfer its constitutional power to impose taxes and duties over to the president. Another thing the court does not touch is there are a number of other trade laws which The Wall Street Journal editorial pages written about in length the various context. To give the president the power to impose tariffs as part of trade negotiations. As part of responding to unfair trade practices. Those are all intact. With those do not allow for the president to impose a kind of terrorist President Trump did simultaneously against all countries at the same rate."
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John Yoo on Tariff Loss: The Court Said Congress Didn’t Transfer Its Power to Impose Taxes Over to Trump‘The court said we want to see Congress use the exact word tariffs in the statute’News & PoliticsRUSH EXCERPT:YOO: "Is great to be with you, Paul. Your two questions at stake here. One comment to the, the presiden national emergency over the fact you have a large trade deficit question to be clear the court does not touch that at all. The second question is, if there is a national emergency, did a Congress in the ieepa statute grant the president the power to impose tariffs? The statute gives a the power to impose complete embargoes pretty because the president the power to regulate all economic traffic with another country. Never the less the court said we want to see Congress use the exact word tariffs in the statute. The court simply said because it did not use the word tariffs Congress did not transfer its constitutional power to impose taxes and duties over to the president. Another thing the court does not touch is there are a number of other trade laws which The Wall Street Journal editorial pages written about in length the various context. To give the president the power to impose tariffs as part of trade negotiations. As part of responding to unfair trade practices. Those are all intact. With those do not allow for the president to impose a kind of terrorist President Trump did simultaneously against all countries at the same rate."Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview
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