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For as much as everyone is saying to buy now out of economic fear, I wouldn't say they are wrong, but there are several steps that will have to happen first. Tarrifs must be congressional approved first. That means the bill must be presented, debated on, voted on, then signed. I would start to worry a little when we see the bill presented, but even then if he presents some insane ranting that everyone knows will kneecap the economy for the rich, then it won't go through and I wouldn't worry. But if he lets his economic hit men write it and it is airtight, targeted, and specifically- then I would be buying my computer parts before the effective date hits for the reasons people are saying.
Well it's a good thing that Trump bootlickers control both houses of congress as well as the courts they might be challenged in.
Their majority in the House is historically slim: they can afford to lose only a single vote. Something that is this obviously terrible for the economy will have some trouble there.
I tend to agree with that, but the messaging has also been sent out by the loudmouths that if you don't toe Trump's party line, they are going to sick the MAGA gun nuts on ya. And we also know Democrats are not overly safe on critical votes, Ala Manchin.
Unless Congress has already given the president that authority.
You're assuming that the tariffs exist in a vacuum. They do not.
As soon as vendors feel they can blame Trump/tariffs/whatever and not lose income, they will raise prices. Their costs don't need to actually go up - and if called out, they can say they're just responding to the uncertainty or whatever.
Except they'll jack prices anyway then if the tariffs don't stick they will say it was a precautionary cushion against potential tariffs while collecting the profits.
There are several reason why a President can impose tariffs without congressional approval. If he wants to do them, all he needs is a pretense, regardless how non-credible, and his own pen. Like the 'immigration emergency' that let him loot the military construction budget to build bits of border wall.
That's the biggest thing. More than anything they want us to keep buying, and they want to maximize profit. The guaranteed thing that will happen is they won't do anything that will jeopardize profits. So I'm really curious how much was just politicking, because more than anything they want the public to be dumb with their pocketbooks open.