Skip to main content

Search

Items tagged with: DC

@tawtovo
"the first time #Trump imposed #tariffs... [he] set up a way to get around these through special exemptions...

That ignited a swift & often successful lobbying effort, especially from Washington’s high-priced K Street #law firms...

tariffs were very good for the swamp of #DC, and it gave Trump enormous leverage to force corporate America into line... you had to grovel and kiss his ring. One study actually confirmed this."
- @jaykuo

statuskuo.substack.com/p/corpo…

#Corruption

Text from article: To understand this, we need to rewind to the first time Trump imposed tariffs. After he announced sweeping import taxes on foreign metals, machinery, clothing & other products, the Trump White House set up a way to get around these through special exemptions, which could relieve tariffs by as high as 25%. As the New York Times reported, "That ignited a swift and often successful lobbying effort, especially from Washington’s high-priced K Street law firms, which ended up applying for hundreds of thousands of tariff exemptions. The Office of the United States Trade Representative, which handled exclusions for the China tariffs, fielded more than 50,000 requests, while the Commerce Department received nearly 500,000 exclusion requests for the tariffs on steel and aluminum." In short, tariffs were very good for the swamp of D.C., and it gave Trump enormous leverage to force corporate America into line. If you wanted one of those exemptions, you had to grovel and kiss his ring. One study actually confirmed this, according to the Times: "The study, which looked at nearly 7,000 company applications, found that an increase in past contributions to Republicans raised the likelihood of a company’s receiving an exemption. A history of past contributions to Democrats, meanwhile, decreased a company’s chances of winning a lucrative exemption." In any ordinary presidency, this would have been a huge scandal, but it barely registers in the corrupt regime of Trump.

Corporate America Isn’t So Sure

Trump’s signature policies of mass deportation and high tariffs are now facing some corporate headwinds.
Jay Kuo (The Status Kuo)
#corruption #trump #law #tariffs #dc @Tawtovo (ܬܘܬܒܐ)

tweet by EleanorNorton that reads:

During the first real cold snap this year, it's a good time to remind DC residents that they can call DC 311 or the Shelter Hotline at 202-399-7093 to request free, accessible transportation to a shelter, including for people experiencing homelessness.

Stay safe!

this was posted November 29, 2023
#DC

tweet by EleanorNorton that reads: During the first real cold snap this year, it's a good time to remind DC residents that they can call DC 311 or the Shelter Hotline at 202-399-7093 to request free, accessible transportation to a shelter, including for people experiencing homelessness. Stay safe!
#dc

⇧