Powerful, obscure law is basis for Trump ‘order’ on trade , President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted “order” to U.S
Businesses to cut ties in China amid a spiraling trade war between the two nations.China’s announcement Friday that it was raising tariffs on $75 billion in U.S. imports sent Trump into a rage and White House aides scrambling for a response.
Raising questions about the wisdom and propriety of making the 1977 act used to target rogue regimes, terrorists and drug traffickers the newest weapon in the clash between the world’s largest economies.
It would mark the latest grasp of authority by Trump, who has claimed widespread powers not sought by his predecessors despite his own past criticism of their use of executive powers.
“For all of the Fake News Reporters that don’t have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977,”
Trump threatened to use those powers earlier this year to place tariffs on imports from Mexico in a bid to force the U.S.The act gives presidents wide berth in regulating international commerce during times of declared national emergencies ,neighbor to do more to address illegal crossings at their shared border.
Trump could use the act to force American businesses to move their manufacturing out of China and to the U.S, and Trump’s threat appeared premature — as he has not declared an emergency with respect to China.
“It’s impossible for businesses to plan for the future in this type of environment,” David French, senior vice president for government relations at the National Retail Federation, said in a statement.