Trump “ordered” U.S. companies out of China…He can’t do that.

❝ In a late-night tweet on Friday, President Donald Trump defended a series of tweets from in which he “ordered” US companies to leave China and to manufacture their products in the US instead. Experts pointed out that no US president can order companies to leave a country, but shortly before midnight, Trump argued that the International Emergency Economic Powers Act legally justifies such an order…

The president is not correct in this assertion. The Economic Powers Act allows the president of the United States to regulate commerce during a national emergency. It does not allow a president to order companies to close their factories in foreign countries, however. And as there has not yet been a national emergency declared with respect to Chinese trade, Trump’s present abilities to govern economic interactions with China are limited to measures like tariffs…

❝ All this means that no matter what Trump does, he is unlikely to be successful in pulling US companies home. Activating IEEPA would instead cause more economic uncertainty at a time recession fears are growing and almost certainly lead to further escalations in his ongoing trade war.

As usual, the Fake President doesn’t know his ass from his elbow. He relies on a small cluster of nutballs who stroke his demented ego – trying to convince him they’ll come up with magic lawyers who will make it all work.