New York CNN —
It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Tariffs are different.
Presidents have vast powers to lob tariffs on friends and foes, as former President Donald Trump demonstrated when he waged a trade war starting in 2018. That’s why some experts are alarmed and baffled by Trump’s latest threat to use his favorite economic weapon.
During a rally in battleground Wisconsin last weekend, Trump vowed to impose staggering tariffs on countries that snub the US dollar.
“Many countries are
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