๐บ๐ธ Trump dropped this Fox piece that mentions Senate allies, led by Rick Scott, are trying to hand him a brand-new tariff tool aimed straight at countries running big trade deficits with us.
After the Supreme Court shut down the old emergency powers route, this bill would let the president put nations on an annual โwatch listโ and hit them with tariffs if the imbalance hurts U.S. security or the economy.
Classic โstop the ripping offโ play, and interesting angle though, itโs not just about China or the usual suspects.
Any country with a persistent goods deficit could end up in the crosshairs.
Supporters say it finally locks in real leverage, and skeptics point out the same old math, that higher import costs often land on American businesses and shoppers, and deficits donโt vanish just because you tax the inflow.
Either way, itโs the next chapter in the tariff saga.
Congress actually writing the authority into law would change the game more than another executive order.
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