Can Trump oder US companies out of China

Discussion in 'Political Opinions & Beliefs' started by Josephwalker, Aug 25, 2019.

  1. fmw

    fmw Well-Known Member

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    He doesn't have dictator-like powers so stripping what you think he has won't do anything. If you want to be angry at something, be angry at both houses of congress. They have stopped doing their job. They have been replaced by presidential orders with review by the courts. That isn't the way the government is supposed to work. We are a nation of laws and the law making bodies have resigned. The federal government is that screwed up.
     
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  2. struth

    struth Well-Known Member

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    No he can’t...he can however suggest they shart looking for alternatives...because he could increase sanctions and with sanctions make it impossible.
     
  3. yardmeat

    yardmeat Well-Known Member

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    The excuses are getting more and more elaborate. Just as long as no Trumpists ever pretend to care about economic conservatism or small government in the future, I guess that's fine.
     
  4. Zorro

    Zorro Well-Known Member

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    You make a good point.

    The Constitution expressly empowers Congress to regulate foreign commerce, YET, it is the legacy of 20th-century progressives’ erosion of the Constitution’s separation of powers that Congress has delegated much of its authority to the chief executive and a sprawl of administrative agencies.

    Among the resulting monstrosities is the 1977 International Emergency Economic Powers Act (codified at Title 50, U.S. Code, Sections 1701 et seq.). The IEEPA vests the president with sweeping powers to regulate or even prohibit financial transactions and transfers of assets involving foreign countries and their nationals. To give a sense of how broad this authority is, let’s excerpt just one subsection –1702(b) — that empowers the president to:

    investigate, block during the pendency of an investigation, regulate, direct and compel, nullify, void, prevent or prohibit, any acquisition, holding, withholding, use, transfer, withdrawal, transportation, importation or exportation of, or dealing in, or exercising any right, power, or privilege with respect to, or transactions involving, any property in which any foreign country or a national thereof has any interest by any person, or with respect to any property, subject to the jurisdiction of the United States.​

    That's a WIDE damn net.

    The president absolutely has the authority to make doing business in China practically impossible, such that corporate management would be nuts not to consider alternatives.

    https://www.nationalreview.com/2019...ally-regulate-foreign-commerce-says-congress/
     
  5. Zorro

    Zorro Well-Known Member

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    He ordered more than that. Trump also said he was “ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE . . . all deliveries of Fentanyl from China (or anywhere else!).”

    IEEPA explicitly grants the president the power to
    prohibit . . . any . . . importation . . . of . . . or transactions involving, any property in which any foreign country or a national thereof has any interest.” ​

    Why wouldn't that cover fentanyl deliveries from outside the United States?

    https://www.nationalreview.com/2019...ally-regulate-foreign-commerce-says-congress/
     
  6. fmw

    fmw Well-Known Member

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    That was a response to a question and opinion involving no facts whatsoever? Pick your battles. Trump has plenty of things to be criticized about but this is not one of them.
     
  7. struth

    struth Well-Known Member

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    I am not critical of this move at all. Seems like the right thing to do given China’s behavior
     

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