Bessent expects countries to honor their deals. Why should they?
The threat of “reciprocal tariffs” which Trump changes at will is over. And the new 15 percent hissy fit tariff reaction is a change in terms.
Countries are free to tell Trump to go to hell, and they should.
Threat of Embargo
That’s an Obvious Bluff.
This is a Lie
Trump just changed the terms of the alleged deals.
Will Anyone See the Money?
By “American People” I believe Bessent meant the end consumer, not refunds to the importers. And I would generally agree.
It’s more clear here.
Tariff Nonsense
Section 122 Tariffs Are Illegal
The interterm 15 percent tariffs will soon bite the dust, deservingly so.
For discussion, please see Trump’s 15% Section 122 Tariff Retry Headed for a Supreme Court Loss Too
There are huge flaws in the Section 122 tariff idea.
In case you missed it, also see Trump Calls Supreme Court “Fools and Lap Dogs”
The irony is Trump precisely wants fools and lap dogs.
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