The Peter Zeihan Podcast Series Stopping Trump's Tariffs with A New Trade Act || Peter Zeihan
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Apr 16, 2025 Explore the complexities of U.S. tariff policies amid shifting political landscapes. The discussion highlights the impact of Trump's administration and the urgency for legislative action. Hear about the proposed Trade Act of 2025 and why senators might hold the key to change. A vivid metaphor compares navigating tariffs to stopping a runaway train, emphasizing the challenges ahead.
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Trump's Tariff Power Reality
- Trump's tariff policies reflect a unique presidency with no traditional checks within his circle.
- Political institutions like the judiciary and executive lack mechanisms to stop such unilateral tariff actions effectively.
Senate's Role to Stop Tariffs
- The Senate is key to stopping presidential tariff authority through congressional repeal.
- Support the Trade Act of 2025 to force Senate approval of tariffs or have them lapse.
Veto Override Challenge
- A veto-proof Senate majority of 67 votes is required to override a presidential veto on tariff repeal.
- Current political forces are far from achieving this necessary supermajority for tariff reform.