Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»LARRY KUDLOW: Stop the Tariff Lawfare
Business

LARRY KUDLOW: Stop the Tariff Lawfare

Buddy DoyleBy Buddy DoyleSeptember 2, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
LARRY KUDLOW: Stop the Tariff Lawfare
Share
Facebook Twitter LinkedIn Pinterest Email

Once again, lawfare from activist judges strike again, as the largely democratic Washington, DC Appeals Court is upholding a largely democratic trade court decision, standing in the way of Mr. Trump’s reciprocal fair trade initiative, which is so central to Trump policy.

I’m the non-lawyer, but it seems to me that the President’s tariff plan has been well-received through a series of brilliant deals with allies around the world, who understand the need for a new global trading system that levels the playing field and spurs factory jobs here at home. Mr. Trump chose IEEPA, or the International Emergency Economic Powers Act, as the basis for his tariff diplomacy.

I think it works to stop drug trafficking (aka fentanyl), and to stop unfair trading practices where foreign markets are closed to American business. But the powerful American economy is open to those very same unfair foreign competitors.

Perhaps most importantly, Mr. Trump’s use of IEEPA is a key instrument of his foreign policy and his authority as commander in chief should not be denied. Mr. Trump seeks to rebalance trade, and bring large scale investment back to the U.S. 

Every deal has enormous foreign policy implications. The skyrocketing trade deficit itself seems unsustainable. So, the president is using emergency powers to move as rapidly and urgently as possible. Ironically, the trade tariffs have become part of the landscape.

Deals have been cut satisfactorily. Corporations are working through it. The stock market has generally been quite strong. There is even some early evidence that U.S. exports are going up, while imports are coming lower. Large scale trade war retaliation never happened. Instead we got deals. It was never the 1930s. 

Meanwhile, as a byproduct, Mr. Trump’s trade strategy is reaping hundreds of billions in tariff-related revenues. If the courts have their way, and refunds are necessary, it will be the biggest, most chaotic money swap you’ve ever seen. And the Customs and Border Protection that is nominally in charge won’t be able to handle it.

Refunds will have to go through the Treasury and the IRS to get back to corporations. And those channels are already slogging through ‘One, Big Beautiful Bill’. It’ll be an incredible mess. And it’s not necessary. IEEPA gives the president authority to regulate imports. And he’s not necessarily doing this on a permanent basis.

Therefore, it is not strictly speaking a tax. Taxes are the jurisdiction of Congress. But this is about trade and evolving foreign relations. The matter is likely to go to the Supreme Court, but probably any decision won’t come until next year. Meanwhile, the tariffs will stay in place and the revenues will grow.

If not, Mr. Trump can always use the National Security Section 232, or the Unfair Trading Practice Section 301, but those laws will take a lot longer to implement. 

I believe that Mr. Trump will triumph ultimately. He is the President and the commander-in-chief. Judges should not keep standing in his way.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticlePopular Dem city put on notice after violent chaos erupts over holiday weekend: ‘Needs help badly’
Next Article The Big List Of 18 Things That Are Going To Happen Within The Next 40 Days

Related Articles

Electronic Arts explores going private with major B buyout deal from investor group

Electronic Arts explores going private with major $50B buyout deal from investor group

September 28, 2025
A year after Hurricane Helene, communities and businesses are rebuilding with resilience

A year after Hurricane Helene, communities and businesses are rebuilding with resilience

September 28, 2025
1.2 million countertop ovens sold at major retailers recalled for burn hazard

1.2 million countertop ovens sold at major retailers recalled for burn hazard

September 28, 2025
Legendary actor Michael Caine’s former English estate hits the market for .4M with luxury features

Legendary actor Michael Caine’s former English estate hits the market for $13.4M with luxury features

September 28, 2025
That latte or cappuccino could get more expensive as coffee prices continue to rise

That latte or cappuccino could get more expensive as coffee prices continue to rise

September 28, 2025
State Street Investment Management strikes major multi-year partnership with the WNBA

State Street Investment Management strikes major multi-year partnership with the WNBA

September 28, 2025
BMW recalls nearly 200K vehicles due to fire risk, says owners should park outside

BMW recalls nearly 200K vehicles due to fire risk, says owners should park outside

September 28, 2025
From America’s ‘worst market’ to wealth haven: Florida real estate split shows signs of life

From America’s ‘worst market’ to wealth haven: Florida real estate split shows signs of life

September 28, 2025
What is the cost of Obama’s presidential center? Price tag reportedly doubles original estimate

What is the cost of Obama’s presidential center? Price tag reportedly doubles original estimate

September 28, 2025
Don't Miss
Eric Adams drops out of New York City mayoral race

Eric Adams drops out of New York City mayoral race

Kelsea Ballerini posts September Instagram dump featuring bikini photos and mountain adventures

Kelsea Ballerini posts September Instagram dump featuring bikini photos and mountain adventures

TOP 10 BEST HOLSTERS FOR CONCEALED CARRY 2021

TOP 10 BEST HOLSTERS FOR CONCEALED CARRY 2021

Electronic Arts explores going private with major B buyout deal from investor group

Electronic Arts explores going private with major $50B buyout deal from investor group

Latest News
Richard Sterban of Oak Ridge Boys reveals pancreatic cancer diagnosis, hopes to return to touring

Richard Sterban of Oak Ridge Boys reveals pancreatic cancer diagnosis, hopes to return to touring

September 28, 2025
TOP 5 BEST HOME DEFENSE GADGETS & GEAR 2021

TOP 5 BEST HOME DEFENSE GADGETS & GEAR 2021

September 28, 2025
A year after Hurricane Helene, communities and businesses are rebuilding with resilience

A year after Hurricane Helene, communities and businesses are rebuilding with resilience

September 28, 2025
Eric Adams drops out of NYC mayoral race as Mamdani gains ground

Eric Adams drops out of NYC mayoral race as Mamdani gains ground

September 28, 2025
Giants’ Jaxson Dart makes immediate impact in first NFL start

Giants’ Jaxson Dart makes immediate impact in first NFL start

September 28, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.