Trump’s pen extrapolate ‘superpowers’ and start to stop in court
Trump asked the federal agencies a fine comb in US commercial practices. He wants to know, for example, where there is deficits, if there are counterfeit products entering the US market and if low value products are being imported with tax exemption.
Trump declared national energy emergency. Thus, it can accelerate the construction of pipelines, reversing, for example, the executive order of Biden that disallowed oil exploration in Alaska. “Unlocking this abundance of natural wealth (in the state) will increase the prosperity of our citizens, while helping to improve economic security,” he said.
When unable to revoke environmental laws, Trump may disrupt his implementation. It should interfere, for example, in the operation of the Loan Program Office energy department, responsible for fostering the clean energy industry. The Republican will also try to approve in Parliament the tax cuts to the oil industry.
Trump promised to cut energy prices by 50% by encouraging fossil fuel production. Even stimulating this production, the president will have difficulty fulfilling this promise because prices are defined by the international market.
The government also intends to create an “external revenue service”. The agency, whose creation needs to go through Congress, would serve to collect rates and other revenues from foreign countries, although the Department of Commerce already performs this function. “We’ll start charging those who make money with us with trade,” Trump said on Truth, his social network.
The measure with the highest repercussion so far was the creation of the “America First” trade policy. It allows the implementation of tariffs against other countries, such as those about Mexico, Canada and China – which after 10% overlaught, responded by overlapping part of US exports.
