Powerful, obscure law is basis for Trump 'order' on trade
This discussion thread was locked as off-topic by Yonnie3 (a host of the Latest Breaking News forum).
Source: AP
President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted “order” to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations.
Trump on Twitter declared American companies “are hereby ordered to immediately start looking for an alternative to China.” He later clarified that he was threatening to make use of the International Emergency Economic Powers Act in the trade war, raising questions about the wisdom and propriety of making the 1977 act used to target rogue regimes, terrorists and drug traffickers the newest weapon in the clash between the world’s largest economies.
It would mark the latest grasp of authority by Trump, who has claimed widespread powers not sought by his predecessors despite his own past criticism of their use of executive powers.
“For all of the Fake News Reporters that don’t have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977,” Trump tweeted late Friday. “Case closed!” The act gives presidents wide berth in regulating international commerce during times of declared national emergencies. It was not immediately clear how Trump could use the act to force American businesses to move their manufacturing out of China and to the U.S, and Trump’s threat appeared premature — as he has not declared an emergency with respect to China.
Read more: https://www.apnews.com/be18b8619cde4658a418dda4f416968a
= new reply since forum marked as read
