-
Recent Posts
- Hybrids Rule New EU Car Registrations in March and Q1 2026
- VinFast Auto Posts March Sales of ~28,000 EVs
- Acura to Enter IndyCar. “Pause” IMSA GTP
- Canada and U.S to Co-Host Global Vehicle Safety Conference
- April 2026 Light Vehicle Production Forecast Drops Globally!
- First Look – Mercedes-Benz 2027 C‑Class EV
- IMSA and IndyCar – Acura Wins 2026 Long Beach Grand Prix!
- IMSA Street Fight – 2026 Acura Grand Prix of Long Beach
- Mustang GTD Runs Record Nordschleife Lap at 6m 40.835s
- Honda Fastport eQuad Vehicles Link to Bird and Spin
- Bosch Group Plans Sales, EBIT Growth after a So-So 2025
- Stellantis Q1 2026 Shipments Up 12% at 1.4 Million
- Light-Duty Fuel Cell Trucks – Isuzu, Toyota Collaboration!
- Airbag Malware – Honda Recalls ~440,000 Odyssey Vans
- Trumped – Used Car Prices Spike after Hitting 12-Month Low
Recent Comments
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
Archives
Meta
Tag Archives: The Council on Foreign Relations
Trump Tariff Chaos Continues Despite Court Ruling
The U.S. Court of International Trade ruling Wednesday against Trump Administration tariffs is just a bump in the road. Although it was widely and loudly hailed as a defeat for President Trump and his whimsical, constantly changing tariff executive orders it is actually just a continuation of the economically damaging Administration policies, irrelevant to the misleading Wall Street TACO moniker – Trump Always Chickens Outs.
By late Thursday, the Administration had swiftly obtained an emergency stay. Tariffs on steel aluminum, automobiles and auto parts and remain in place.
“The CIT’s ruling affects the tariffs that Trump imposed under the International Emergency Economic Powers Act (IEEPA), which gives the president some power to regulate commerce after declaring a national emergency. It does not affect other, more specific tariffs he has imposed on commodities such as steel,” said Inu Manak, a fellow for trade policy at the Council on Foreign Relations. Continue reading
Posted in AutoInformed Editorial, economy, fools 'n frauds, litigation, news, news analysis, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, IEEPA tariffs, International Emergency Economic Powers Act, Inu Manak, Ken Zino, The Council on Foreign Relations, U.S. Court of International Trade, Wall Street TACO moniker, X @KenAutoinformed
Leave a comment
Trump Tariff Flops – December Goods Trade Deficit Up $15.7B
“The U.S. trade deficit for goods hit a record in 2025 despite Trump’s claim his signature tariffs would reduce it, new data shows. Trump declared the country’s goods trade deficit a national emergency last year and pledged to shrink it as part of efforts to revive U.S. manufacturing. Yesterday’s numbers add to previous data suggesting U.S. companies have generally not brought production back home—all while Trump’s tariff policy is being challenged in a Supreme Court case,” The Council on Foreign Relations (CFR) said. [The U.S. Supreme Court today in a 6-3 ruling said tariffs that Trump imposed under an emergency powers law were unconstitutional. This also covers so-called “reciprocal” tariffs that he levied. – AutoCrat] Continue reading →