Trump is is threatening to use the emergency authority granted by a powerful, but obscure federal law to “order” U.S. businesses to cut ties in China after it announced plans to raise tariffs on $75 billion in U.S. imports.
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.
“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 tweeted late Friday. “Case closed!” Even without the emergency threat, Trump’s retaliatory action Friday — further raising tariffs on Chinese exports to the U.S. — had already sparked widespread outrage from the business community.
And trade association CompTIA stressed the logistical strain that would follow if companies were forced to shift operations out of China, saying it would take months for most companies.Presidents have often used the act to impose economic sanctions to further U.S. foreign policy and national security goals. Initially, the targets were foreign states or their governments, but over the years the act has been increasingly used to punish individuals, groups and non-state actors, such as terrorists.
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