Posted on 03/09/2025 12:02:36 AM PST by Angelino97
The Wall Street Journal has called for Donald Trump to be sued to prevent tariffs being imposed on Canada and Mexico.
The newspaper's editorial board wrote in very blunt terms that Trump did not have the power to order the tariffs without Congressional approval.
'He's treating the North American economy as a personal plaything, as markets gyrate with each presidential whim,' the WSJ board wrote.
'It's doubtful Mr Trump even has the power to impose these tariffs, and we hope his afflatus gets a legal challenge.'
The WSJ, published by Rupert Murdoch who also owns Fox News, is usually sympathetic to Republicans but has staunchly opposed Trump's tariffs.
The paper called them the 'dumbest tariff plunge' and Trump's plan the 'dumbest trade war in history' as several editorials struck out against them in recent weeks.
This week's attack warned consumer prices would rise as a result of imposing the 25 percent duties on the country's two neighbors.
WSJ argued Trump's use of a 48-year-old law that includes an emergency provision was not justified and he should require approval from Congress.
'The president invokes a law that doesn't give him power to impose sweeping tariffs. Someone should sue,' it wrote.
The editorial explained the history of the law, the 1977 International Emergency Economic Powers Act, and the way it was supposed to work.
The law allowed the executive branch to investigate, block, prohibit or regulate any imports and exports with foreign countries in the case of an 'unusual or extraordinary threat' if he declared a national emergency.
(Excerpt) Read more at dailymail.co.uk ...
BTTT
I stated in another thread the WSJ is not a credible source, they continue to prove that.
Just another communist rag that wants to usurp the authority of the president. They don’t like the law they need to petition a representative to change it.
Let me know when the WSJ is the President of the Unites States.
Congress has delegated some of this power to the Executive Branch, allowing the President to adjust tariffs based on national security threats or to negotiate trade agreements.
Presidents have used various authorities to impose tariffs, such as Section 232 of the Trade Expansion Act of 1962, which allows the President to raise tariffs on imports that pose a threat to national security.
For example, President Trump imposed tariffs on steel and aluminum imports under this authority.
From AI.
I recall reading we are under national emergency by numerous presidents of the past that are still in effect. That being, Trump has authorities to do what he is doing. Author may want to read up some.
There was a time when I subscribed and read WSJ cover to cover. Later, just the editorial pages enriched and informed.
It has been many, many moons. Have they also adopted and promoted the Globull Hoax? I wonder if USAID bought WSJ subscriptions?
Wikipedia lists about 30 national emergencies starting in 1994 which are still currently active
I’ve made the same journey as you with the WSJ I came to the same conclusion. Maybe it’s because colleges made all of them dumber. I wouldn’t read it now if it was free. Regards
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WSJ has sure turned into a bunch of pantywaist sissies
True, but the yanking around of threatened and then changed tariffs is not a good look.
Companies will and can only make changes if they have reason to expect that what is implemented will hold. Trying to be a dealmaking, mind-changing, showman with them undermines their serious purpose and effect.
I never get their cartoons.
While I disagree with the author’s premise to sue and the moves are illegal, President Trump’s vacillations on things like tariffs, do make it extremely difficult for business planning. Much of our supply line is still JIT management, even in a post Covid world.
Even as a small business person in a near purely service industry, tariffs will affect my expenses and eventually prices to my customers. As it stands right now, it is difficult to plan for ‘how much’ if things keep shifting at what seems to be the whim of the President.
Move your money around, that’s what your supposed to do isn’t it? We don’t want drugs pouring into our country and killing our kids. They need to close their boarder and clean it the hell up. They do that and stop screwing America, they will be removed. Till then F@ck you!
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Well... it is a business rag. And yes tariffs stifle some. Mex and Can leadership simply does not wish for discord amongst the sheeple. The sheeple will never understand that they are enslaved.
bkmk
There are the elite, and there are the people.
The elite will say anything.. use anything, to have a situation that works for them..nevermind the rest of us out here.
Their view of Trump is so far off truth, they have no credibility at all.!
I’m so old I remember when the Wall Street Journal was capitalist and constitutionalist!
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