LESS NEWS MORE CONTEXT. — BUILDING TRUST. DELIVERING CREDIBILITY.
2026
AMERICA VS. THE WORLD: TRUMP’S TARIFFS TRIGGER LEGAL AND DIPLOMATIC UPROAR
SLING NEWS: In an unprecedented—and widely criticized—expansion of executive authority, President Donald Trump’s administration invoked the International Emergency Economic Powers Act (IEEPA) and related statutes to unilaterally declare national emergencies and impose tariffs on imports from virtually every nation, including key American allies. The administration’s rationale, that persistent trade deficits amount to a national emergency, has been met with deep skepticism among legal experts, economists, and foreign governments. These far-reaching measures have not only provoked a barrage of lawsuits but have also exacerbated volatility in global markets and strained diplomatic relationships worldwide.
The administration’s blanket 10% tariff—augmented by steeper, selectively targeted rates—has upended trade flows from China, the European Union, Mexico, Canada, and other major partners, inflicting chaos on global supply chains and prompting widespread alarm among industries and consumers. President Trump’s insistence that rising trade deficits constitute a national emergency has faced withering criticism not only from the judiciary but also from bipartisan lawmakers, economic analysts, and international observers, who question both the factual basis and the wisdom of such a sweeping redefinition of emergency powers.
In a decisive rebuke in September 2025, a federal appeals court found that the Trump administration had egregiously overstepped its statutory authority under IEEPA. Despite this ruling, the tariffs remain in force as the case proceeds through further appeals. Notably, justices across the ideological spectrum on the Supreme Court—including members of the conservative majority—have publicly expressed grave concerns regarding the administration’s assertion of unilateral tariff powers absent congressional consent. The ongoing legal battle starkly underscores the perilous erosion of legislative oversight and the potential for lasting damage to the established framework of U.S. trade policy and constitutional checks and balances.
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2025
COMPARING TRUMP’S FIRST AND SECOND-TERM TRADE POLICIES: AN EXPERT VIEW
JEFFREY FRANKEL, Economist, HARVARD UNIVERSITY
“The real cost of Trump’s tariffs” by Jeffrey Frankel (Link below)
SLING NEWS: In this interview, economist Jeffrey Frankel of Harvard University offers a critical assessment of President Trump’s tariff policies during his second term, emphasizing the contrasts with his first-term approach. Frankel scrutinizes the broader ramifications of Trump’s foreign policy initiatives, arguing that the administration’s economic strategies are not only erratic and unpredictable but also frequently lack a coherent rationale, thereby generating uncertainty both domestically and internationally.
TRUMP ADMINISTRATION’S 2nd TERM:
ASSESSING THE EFFECTIVENESS OF TARIFFS AS A POLITICAL STRATEGY
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TRUMP ADMINISTRATION’S 2nd TERM: GLOBAL TARIFFS ANNOUNCED AMID UNCERTAINTY
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THE CASE FOR FREE TRADE: GREATER OPPORTUNITIES, FEWER LOSSES
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FULL INTERVIEW
JEFFREY FRANKEL—AN EXPERT VIEW | COMPARING TRUMP’S FIRST AND SECOND-TERM TRADE POLICIES
SLING DIGITAL 2024-2026
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