April 2, 2019

THE REGULATOR-IN-CHIEF:

Trump's threat to close border stirs fears of economic harm (CEDAR ATTANASIO, April 1, 2019. AP) 

Politicians, business leaders and economists warned that such a move would block incoming shipments of fruits and vegetables, TVs, medical devices and other products and cut off people who commute to their jobs or school or come across to go shopping.

"Let's hope the threat is nothing but a bad April Fools' joke," said economist Dan Griswold at the Mercatus Center at George Mason University in Virginia. He said Trump's threat would be the "height of folly," noting that an average of 15,000 trucks and $1.6 billion in goods cross the border every day.

"If trade were interrupted, U.S. producers would suffer crippling disruptions of their supply chains, American families would see prices spike for food and cars, and U.S. exporters would be cut off from their third-largest market," he said.

While the Deep State has stopped most of Trumpismj, he has been able to impose record taxes and regulations unilaterally.

Posted by at April 2, 2019 12:01 AM

  

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