Scott Lincecum

Well, it was a joke that I guess has increasing relevance.

Well, it was a joke that I guess has increasing relevance.

Well, it was a joke that I guess has increasing relevance.

Yeah. So on Saturday, the president issued three executive orders invoking a national emergency with respect to fentanyl and the importation of fentanyl from China, Canada, and Mexico.

Yeah. So on Saturday, the president issued three executive orders invoking a national emergency with respect to fentanyl and the importation of fentanyl from China, Canada, and Mexico.

Yeah. So on Saturday, the president issued three executive orders invoking a national emergency with respect to fentanyl and the importation of fentanyl from China, Canada, and Mexico.

Correct, correct. And, of course, then applying tariffs on imports of all goods from these three countries. 10% for China, because they already had 25% tariffs on a bunch of stuff. And then 25% on all imports from Canada and Mexico. Leaving aside whether there is a Canadian fentanyl crisis.

Correct, correct. And, of course, then applying tariffs on imports of all goods from these three countries. 10% for China, because they already had 25% tariffs on a bunch of stuff. And then 25% on all imports from Canada and Mexico. Leaving aside whether there is a Canadian fentanyl crisis.

Correct, correct. And, of course, then applying tariffs on imports of all goods from these three countries. 10% for China, because they already had 25% tariffs on a bunch of stuff. And then 25% on all imports from Canada and Mexico. Leaving aside whether there is a Canadian fentanyl crisis.

Yes. Well, it's – and the big point and I think the point that I think is going to be litigated is even if you grant all of these crises, the remedy is utterly disconnected from the emergency itself. I mean how does applying tariffs on avocados solve the fentanyl crisis?

Yes. Well, it's – and the big point and I think the point that I think is going to be litigated is even if you grant all of these crises, the remedy is utterly disconnected from the emergency itself. I mean how does applying tariffs on avocados solve the fentanyl crisis?

Yes. Well, it's – and the big point and I think the point that I think is going to be litigated is even if you grant all of these crises, the remedy is utterly disconnected from the emergency itself. I mean how does applying tariffs on avocados solve the fentanyl crisis?

That's the big – I think the bigger issue here is that the remedy is really damaging for the US economy, for the United States global reputation, whatever – however you want to call that. I really mean that in terms of international economic agreements. Because, you know, Canada and Mexico are our biggest trading partners.

That's the big – I think the bigger issue here is that the remedy is really damaging for the US economy, for the United States global reputation, whatever – however you want to call that. I really mean that in terms of international economic agreements. Because, you know, Canada and Mexico are our biggest trading partners.

That's the big – I think the bigger issue here is that the remedy is really damaging for the US economy, for the United States global reputation, whatever – however you want to call that. I really mean that in terms of international economic agreements. Because, you know, Canada and Mexico are our biggest trading partners.

They have had relatively free trade with the United States since 1994 because of the North American Free Trade Agreement, which then Trump rebranded the USMCA and said it was the greatest trade deal ever. So Trump's trade deal, all of that has been thrown away. along with, of course, all of the microeconomic stuff, right? So you have supply chains that have evolved over decades.

They have had relatively free trade with the United States since 1994 because of the North American Free Trade Agreement, which then Trump rebranded the USMCA and said it was the greatest trade deal ever. So Trump's trade deal, all of that has been thrown away. along with, of course, all of the microeconomic stuff, right? So you have supply chains that have evolved over decades.

They have had relatively free trade with the United States since 1994 because of the North American Free Trade Agreement, which then Trump rebranded the USMCA and said it was the greatest trade deal ever. So Trump's trade deal, all of that has been thrown away. along with, of course, all of the microeconomic stuff, right? So you have supply chains that have evolved over decades.

Automotive parts will cross the US-Mexico border five, six, seven times before getting put into a vehicle. And they do that, again, because of this free trade zone. This has been a relatively good thing for the US economy overall, right? Yes, there have been discrete harms for certain workers and companies. But overall, it's been a good thing.

Automotive parts will cross the US-Mexico border five, six, seven times before getting put into a vehicle. And they do that, again, because of this free trade zone. This has been a relatively good thing for the US economy overall, right? Yes, there have been discrete harms for certain workers and companies. But overall, it's been a good thing.