Donald: The Boy Who Cried “Wolf” (On Pharma Tariffs)… Again.

It's all grown to be tragically comical, really.

Tangerine's entire economic "agenda" (shutdown rattled) is in shambles -- largely because it is devoid of any advanced rational thinking. So suddenly, he claims he will impose punishing tariffs of perhaps as much as 100% (as he did earlier falsely claim), as soon as Monday night. What a blithering idiot. [The Supremes will strike the tariffs this Fall as beyond his ken, in any event.]

Here's that NYT story -- mostly a figment of Trump's imagination, at this point (again!):

. . .President Trump on Thursday announced a slew of steep tariffs on pharmaceuticals, semi trucks, kitchen cabinets and furniture, saying import taxes on those products would go into effect on Oct. 1.

The effects of the new tariffs are likely to be felt across sectors of the economy, from housing and health care to logistics. The tariffs range from 25 percent to 100 percent, with the highest levies applying to “any branded or patented” pharmaceutical product coming into the United States.

[Ed. note: this is now the fourth time he has made this idiotic threat and set a deadline -- as to pharmaceuticals -- but this is the first time the deadline has been set for under five days ahead. You may decide for yourself whether to believe him.]

The president also said the United States would begin imposing a 50 percent tariff on imported kitchen cabinets, bathroom vanities and associated products, along with a 30 percent tariff on imported upholstered furniture and a 25 percent tariff on foreign semi trucks. . . .

Onward -- resolutely -- to a perhaps precedent-setting hearing this morning in federal court. Oddly, USDC Judge Kness struck this hearing, late last night -- without explanation. He said he'd explain in a new order, shortly. Strange days, indeed. . . .

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