Gavin Bade
👤 SpeakerAppearances Over Time
Podcast Appearances
And so that's where the second part of the plan comes in. The second part is during those 150 days, he would prepare action under a different section of the law. This is Section 301, and this is designed to combat unfair trade practices in other nations.
And so that's where the second part of the plan comes in. The second part is during those 150 days, he would prepare action under a different section of the law. This is Section 301, and this is designed to combat unfair trade practices in other nations.
You need to do a lengthy notice and comment period. You need to have hearings. And the idea is they would tailor these 301 tariffs, as they're called, for each and every major trading partner that he wanted to hit with tariffs.
You need to do a lengthy notice and comment period. You need to have hearings. And the idea is they would tailor these 301 tariffs, as they're called, for each and every major trading partner that he wanted to hit with tariffs.
You need to do a lengthy notice and comment period. You need to have hearings. And the idea is they would tailor these 301 tariffs, as they're called, for each and every major trading partner that he wanted to hit with tariffs.
Exactly. And you have to do a lengthy fact-finding investigation. You've got to notify the other countries. You've got to give industries time to comment. It takes a long time. But they could do that if these emergency tariffs get thrown out in court. That could help them get back to basically the same place where they're at now.
Exactly. And you have to do a lengthy fact-finding investigation. You've got to notify the other countries. You've got to give industries time to comment. It takes a long time. But they could do that if these emergency tariffs get thrown out in court. That could help them get back to basically the same place where they're at now.
Exactly. And you have to do a lengthy fact-finding investigation. You've got to notify the other countries. You've got to give industries time to comment. It takes a long time. But they could do that if these emergency tariffs get thrown out in court. That could help them get back to basically the same place where they're at now.
Very much in limbo now, right? I think uncertainty has reigned for months on this tariff front. I just only, I think it only deepened this week, right? You know, if you're a company trying to think about, am I going to invest in the U.S.? Can I get, you know, maybe components that I need from another nation? What is the tariff going to be? That situation is cloudier than ever.
Very much in limbo now, right? I think uncertainty has reigned for months on this tariff front. I just only, I think it only deepened this week, right? You know, if you're a company trying to think about, am I going to invest in the U.S.? Can I get, you know, maybe components that I need from another nation? What is the tariff going to be? That situation is cloudier than ever.
Very much in limbo now, right? I think uncertainty has reigned for months on this tariff front. I just only, I think it only deepened this week, right? You know, if you're a company trying to think about, am I going to invest in the U.S.? Can I get, you know, maybe components that I need from another nation? What is the tariff going to be? That situation is cloudier than ever.
The waters are murkier than ever. And I think that you see foreign governments just kind of scratching their head at us. I think it's just, you know, another day rolling with the punches here. We're just trying to, you know, kind of take it as it comes here. But there's really no end to the drama in sight.
The waters are murkier than ever. And I think that you see foreign governments just kind of scratching their head at us. I think it's just, you know, another day rolling with the punches here. We're just trying to, you know, kind of take it as it comes here. But there's really no end to the drama in sight.
The waters are murkier than ever. And I think that you see foreign governments just kind of scratching their head at us. I think it's just, you know, another day rolling with the punches here. We're just trying to, you know, kind of take it as it comes here. But there's really no end to the drama in sight.
What's remarkable about this case is that it really ties in law, politics, and economics are all here inextricably tied. And what the courts do is going to affect the way the markets and the way that trade policy is seen around the world.
What's remarkable about this case is that it really ties in law, politics, and economics are all here inextricably tied. And what the courts do is going to affect the way the markets and the way that trade policy is seen around the world.
Even when you have lower courts that issue narrower injunctions or injunctions that apply only to the individual parties, if the Supreme Court makes a ruling on what the law requires, then all courts are going to have to follow it. And that's not
Even when you have lower courts that issue narrower injunctions or injunctions that apply only to the individual parties, if the Supreme Court makes a ruling on what the law requires, then all courts are going to have to follow it. And that's not
In dispute on the tariff thing, certainly we don't know how the Supreme Court would rule, but it is interesting that the Court of International Trade did cite a number of recent Supreme Court decisions that limited the Biden administration's power to do a number of things like involving student debt or COVID relief and so forth.
In dispute on the tariff thing, certainly we don't know how the Supreme Court would rule, but it is interesting that the Court of International Trade did cite a number of recent Supreme Court decisions that limited the Biden administration's power to do a number of things like involving student debt or COVID relief and so forth.