A surprisingly non-emotional, non-partisan economic take on tariffs. No actual conclusion / prediction beyond what happens to currencies and rates.

(And I'm not a big Dalio fan.)

Ray Dalio

A surprisingly non-emotional, non-partisan economic take on tariffs. No actual conclusion / prediction beyond what happens to currencies and rates.

(And I'm not a big Dalio fan.)

https://x.com/RayDalio/status/1907489922359132627

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Do you think the Executive should have the ability to put up blanket tariffs like this by claiming a trade deficit National Security 'Emergency'?

Imo it's a clear overreach of Executive power (which has been ongoing through "National Emergencies" for decades) that Congress ought to finally reign in.

Coinbase employee (Investigatooor), personal account. Onchain is the future.

I actually don't have developed opinion on whether should be executive or require Congress. 

Always supportive of a SCOTUS ruling on something like this, though.

I don't think enough GOP are willing to buck a MAGA primary candidate

Right now there's a push to override this in Congress. We saw the Senate pass a rebuke of the Canada tariffs yesterday (seems dead on arrival in the House), but I'm seeing an increase of more GOP appetite of reigning this in, even in the House, after yesterdays announcement. They need to overcome a veto th