Gavin Bade

That was actually on July 9th. So if you're going to do a deal with the US, you just got a little bit more breathing room and you got a little bit of leverage in these negotiations. Maybe Trump can't drive as hard of a bargain as he would have otherwise.

That was actually on July 9th. So if you're going to do a deal with the US, you just got a little bit more breathing room and you got a little bit of leverage in these negotiations. Maybe Trump can't drive as hard of a bargain as he would have otherwise.

It's a different law and actually a much more commonly used law, both by the Trump administration in its first term and numerous presidents. This is a really tried and tested law. And so the plan is kind of twofold. The first part would be utilizing what's called Section 122 of the Trade Act.

It's a different law and actually a much more commonly used law, both by the Trump administration in its first term and numerous presidents. This is a really tried and tested law. And so the plan is kind of twofold. The first part would be utilizing what's called Section 122 of the Trade Act.

It's a different law and actually a much more commonly used law, both by the Trump administration in its first term and numerous presidents. This is a really tried and tested law. And so the plan is kind of twofold. The first part would be utilizing what's called Section 122 of the Trade Act.

And this is specifically to address what the law calls balance of payment issues with the other countries. This is kind of like the trade deficit that Trump always... It's the trade imbalance that Trump has been talking about. Yeah, that he always harps on, that he's always hated, right? So the advantage of that is that you can put that in place immediately.

And this is specifically to address what the law calls balance of payment issues with the other countries. This is kind of like the trade deficit that Trump always... It's the trade imbalance that Trump has been talking about. Yeah, that he always harps on, that he's always hated, right? So the advantage of that is that you can put that in place immediately.

And this is specifically to address what the law calls balance of payment issues with the other countries. This is kind of like the trade deficit that Trump always... It's the trade imbalance that Trump has been talking about. Yeah, that he always harps on, that he's always hated, right? So the advantage of that is that you can put that in place immediately.

You don't have to do a notice and comment, period. And Trump likes that. He wants to be able to put things in place. Wants to move fast. Wants to move fast.

You don't have to do a notice and comment, period. And Trump likes that. He wants to be able to put things in place. Wants to move fast. Wants to move fast.

You don't have to do a notice and comment, period. And Trump likes that. He wants to be able to put things in place. Wants to move fast. Wants to move fast.

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.

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.