Trump cites law to justify his mandate that companies to leave China, but he’s absolutely wrong
Case open, actually, The IEEPA clearly states it must be “an extraordinary threat,” and that the president must “declare a national emergency” to be granted such authority. It’s ludicrous to think that disagreements with our trading partners over tariffs fall under this law.
SEC. 201. This title may be cited as the “International Emergency Economic Powers Act”.
SITUATIONS IN WHICH AUTHORITIES MAY BE EXERCISED
SEC. 202. (a) Any authority granted to the President by section 203 may be exercised to deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States, if the President declares a national emergency with respect to such threat.
(b) The authorities granted to the President by section 203 may only be exercised to deal with an unusual and extraordinary threat with respect to which a national emergency has been declared for pur- poses of this title and may not be exercised for any other purpose. Any exercise of such authorities to deal with any new threat shall be based on a new declaration of national emergency which must be with respect to such threat.
And as expected, not a word from the GOP with regards to Trump’s latest authoritarian power grab. Only crickets interrupt the Republican silence that enables this “president.”
I’m going to retweet this every single day:
If Barack Obama had “hereby ordered” private companies to do anything, every Republican & Conservative in America would have completely lost their shit.
Just wondering when the ‘Great Flood’ of US companies is going to exit China, post haste?
Who will be the first to leave? Who will be the last?
Will they all leave in the next 5 minutes, or will this take a couple hours at most?
Don’t hold your breath..