Re:Trump temporarily drops tariffs to 10% for most countries
by taeric on Wednesday April 09, 2025 @02:28PM
(#43635607)
To be clear, here, this form of "manipulation" is kind of impossible to really deal with? Or do you have something in mind that should be able to more smoothly work with this?
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Re:Trump temporarily drops tariffs to 10% for most countries
by kevin_thibedeau on Wednesday April 09, 2025 @02:31PM
(#43635662)
SEC has reversed suspicious trades in the past.
Re:Trump temporarily drops tariffs to 10% for most countries
by taeric on Wednesday April 09, 2025 @02:35PM
(#43635732)
From the president of the united states? Especially knowing that controlling tariffs and such are easily argued to be in his core powers, in the current setting, what authority would they possibly have to do something on this?
Re:Trump temporarily drops tariffs to 10% for most countries
by mdhen on Wednesday April 09, 2025 @03:16PM
(#43636438)
they can reverse the options trades that look like they had insider info. This is a thing that the SEC does.
Re:Trump temporarily drops tariffs to 10% for most countries
by taeric on Wednesday April 09, 2025 @03:32PM
(#43636691)
But they would have to prove insider info? Which would require discovery against communications to/from the president. Which you know they would argue against.
So, let me rephrase, do you think it is likely that they would do anything?
Re:Trump temporarily drops tariffs to 10% for most countries
by zerd on Wednesday April 09, 2025 @03:28PM
(#43636638)
> easily argued to be in his core powers
I'd say arguably. https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_ad...
Re:Trump temporarily drops tariffs to 10% for most countries
by taeric on Wednesday April 09, 2025 @03:35PM
(#43636730)
Any action they are taking around deciding whether or not there is a national security interest in managing tariffs is easily covered by everyone's understanding of what is in the presidential duties. As such, it is fully off limits for any review, per last year's immunity ruling. No?
Now, congress can take away that delegation. They could also cancel any declarations. But actions taken by the admin in pursuing this will almost certainly be seen as core duties by the supreme court. As such, I don't see any real opening for review in this?