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struggle4progress

(123,415 posts)
Fri May 30, 2025, 10:21 PM May 30

Bully gets punched in the nose

Dana Milbank
Today at 6:45 a.m. EDT

... the entire Trump presidency, four months after its incendiary launch, is now experiencing a rapid unscheduled disassembly ...

On “Liberation Day” two months ago, Trump unveiled the core of his economic plan: a massive increase in tariffs on most of the world. But he has since staged several retreats and surrenders in his trade war, and on Wednesday evening, about an hour before Musk called it quits, a three-judge panel on the U.S. Court of International Trade axed most of the remaining tariffs; that and a second ruling invalidating the tariffs are on hold pending appeals. The judges — two of them Republican-appointed, and one a Trump appointee — said Trump had usurped congressional power to levy tariffs ...

In foreign affairs, Trump had said he would end the war in Ukraine in 24 hours and would rekindle relations with Russia. Instead, Vladimir Putin has made Trump’s overtures look foolish as he continues to brutalize Ukraine. “Putin is making a mockery of Trump,” Republican Rep. Don Bacon of Nebraska told Fox News this week.

At home, Trump’s mass deportations haven’t happened, and his administration has accumulated an astonishing record of losses in federal courts as judges appointed by presidents from both parties reject his attempt at governing by fiat.

What remains is the wreckage: a loss of faith in U.S. credit, reflected in what the Brits are calling a “moron premium” that the markets are imposing ...

https://www.washingtonpost.com/opinions/2025/05/30/trump-taco-trade-tariffs-lawsuit/

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Bully gets punched in the nose (Original Post) struggle4progress May 30 OP
'rapid unscheduled disassembly !!!' elleng May 30 #1
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