A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.

    • Plebcouncilman@sh.itjust.works
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      3 days ago

      It’s been mostly on podcasts, mainly 1Dime radio which has been having MMT people for a while and I highly recommend. But I believe this blog post by Bill Mitchell, who is one of the main forces behind Modern Monetary Theory enters into the rationale of why he would think the tariffs have a solid foundation:

      https://billmitchell.org/blog/?p=34677