Ian Bremmer

And he refuses to listen.

That is uniquely batshit crazy.

It's an own goal.

And now he's got to deal with the consequences of that makes him weaker.

Well, the reason he did not want to do it this way, aside from the fact that he's undisciplined and impatient, is that it gives him maximal, unchecked, unilateral authority to place tariffs on anyone, not only any country, but frankly on pretty much any company, any sector, for whatever reason he chooses, which the president just doesn't have the right to do.

because now he still has tariff authority and that tariff authority will absolutely allow him to put these tariffs on most of these countries at pretty much the same level, but it is going through an investigative process which allows those countries to then respond.

And that process is precisely what Trump wanted to avoid.

So it constrains him more.

It turns out that the American president is not Xi Jinping.

He's not Vladimir Putin.

And it's not only because he has midterm elections, though that is one pretty significant component, but it's also because there's an independent judiciary.

And even if it's 6-3 conservative, and even if he appointed a bunch of them, it turns out that they actually follow the law as opposed to the president.

And he doesn't like that.

but it is the reality.

And that is good for the corporations.

It is good for the markets.

And you'll note that when the Supreme Court did its ruling, even though it was an extraordinary and historic ruling, the markets didn't really move.

And the reasons they didn't move is because this was well expected and anticipated by those of us that have been following this.

You don't have to be brilliant.

You just have to be reading to understand that it was never going to be allowed.