A thing that needs to be mentioned in every single article about Trump's tariffs is that it is supposed to be the job of CONGRESS to set tax rates. Trump is egregiously abusing an "emergency" authority to usurp the legislature's power over trade policy. https://www.lawfaremedia.org/article/trump-s-use-of-emergency-powers-to-impose-tariffs-is-an-abuse-of-power

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