Nobody announces the largest tariffs since the 1930s overnight, and selectively increases or dismantles them from week to week. Just look at this line graph: https://www.usfunds.com/resource/americas-tariff-rate-hits-t...
A huge part of our power was that we were safe and predictable and that's gone forever.
But it’s not just Trump. This is what America wants.
Germany was reformed, Japan was reforms. These things take time
But the problem is the American people want this. This isn’t some dictator in Korea or Iraq or Venezuela, this is someone with full democratic support. There are many checks and balances in the American system to avoid a single person doing this amount of damage without having widespread support.
That is a big deal. The US has for a long time been seen as a stable economy that's easy to trade with because policy changes would take a long time to come into effect by which everyone had had the time to adjust.
Compared to the various stuff that was happening in Europe in the previous decades (at least here in the east) the US were a stable safe heaven where you could trust things wouldn't drastically change overnight.
Your US history teacher failed you if you think even for a moment that is true.
Even setting aside whether the changes are good or not themselves, no President before has thrown away laws mandated by Congress the way the current President is.
Further, this wasn’t even considered a possibility and is only happening now due to a confluence of events… - the Supreme Court passing rulings that essentially make the President unaccountable
- the SC passing rulings preventing Congress from delegating powers which in practice means a lot of laws Congress had passed in the past have essentially disappeared (since the agencies tasked with making decisions related to them are no longer allowed to)
- Congress becoming completely supine and giving away as much power as they can
- a President that has accepted and is operating on what was until now a fringe legal theory of unbridled executive power ie “unitary executive” theory.
This lead to the 1981 automobile voluntary export restraint.
There's been so many EOs from Democrat presidents that cause hugely negative disruptions in the industry.
Is this something Republicans have simply never done until now?
Noting the political party was just a detail.
But yeah plenty of examples of R presidents for other sectors in the past I'm sure too.
Also, I'm curious, what you feel you're getting out of your support of the Trump regime?
Biden cancelled it with EO 13990 when it was pretty much done.
Would have been thousands of jobs, Canada wanted it too, it's safer than trucking/transporting by train. All just cancelled on a whim.
Then there's EO 14008 that put a moratorium on new oil and gas leases on federal lands and offshore waters. (fed land is 25% of oil production)
Regardless of your position on oil (I'm sure you have one), the point is those are two examples of disruption of an industry by EO from a previous president.
> Biden cancelled it with EO 13990 when it was pretty much done.
I'll admit to not being an expert on the Keystone XL Pipeline, but at least according to the timeline on wikipedia[1], the reason Biden was able to cancel it with an executive order was because Trump had approved it with an executive order, after people had tried and failed for years to get it approved the proper way (through the legislative and executive branches).
And even when Trump personally tried to make it happen, there were still years of court battles stopping construction, so when Biden came into office and ended it, it was in fact not "pretty much done" but apparently 8% done[2]
Seems like it again comes back to Trump just doing what he wants, and it was in fact him trying to unilaterally make it happen that caused that last four years or so of disruptions?
[1] https://en.wikipedia.org/wiki/Keystone_Pipeline#History
[2] https://www.reuters.com/article/factcheck-keystonepipelinexl...