..listening to Ritchie Torres, it is clear that if you want to introduce a tariff policy, you have to understand that
1. the business of manufacturing has changed dramatically since DJT was running his property and casino empire.
2. you have to do ample due diligence by first speaking to industries
..don't know what is the beef he has with Mattel (which he actually thought it is a country).
Trump basically threatened to put Mattel, a U.S. company with about 4,000 U.S.-based employees, who earn an average salary of over $100K per year, out of business by imposing a 100% tariff on its toy imports to force Mattel to manufacture its toys in the U.S. I thought he cared about U.S. workers. Does he not care about the rule of law, and the limits imposed on the president and Congress by the U.S. Constitution, which he swore an oath to uphold and defend? The Constitution clearly bars the Federal government from selectively imposing tariffs on a specific company. It mandates that all excise taxes (tariffs are an excise tax) must be uniform. That means if Mattel has to pay a 100% tariff to import toys, every other company in America that imports toys must also pay a 100% tariff. https://x.com/PeterSchiff/status/1920842602162589942
