Trump Widens Trade Fight to Include Global Taxes and Regulation
President Trump and his team are keen on imposing tariffs on imports but instead of a mercurial approach with a decision one day and a reversal the next it is suggested he and his administration first apply a KISS (keep it simple stupid) approach. First, have Congress make a new tariff law that eliminates all previous ones for a new one that simply charges 5% of the invoice value. Most importantly this duty should be on all imports on all goods from all countries without exception. Second, he should have his cohort Elon Musk eliminate the staff devoted to the implementation of the ninety-nine chapter U.S. Tariff Schedule and release them and their private bureaucrat followers to find employment in some other field. Additional tariffs could be applied by the executive branch to friend or foe and complicated or simple as they would like but never by modifying the fixed 5% rate passed by Congress applied to every country without exception.
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