Your Profit Hour
  • World News
  • Investing
  • Tech News
  • Stock
  • Editor’s Pick
Editor's PickInvesting

Greenland, Tariffs, and America’s “Emergency” Emergency

by January 23, 2026
January 23, 2026

Scott Lincicome

Emergency surrounded by red circles

My latest column at The Dispatch examines what President Trump’s now-canceled Greenland tariff threat says about not only US trade policy but also the increasing use and abuse of “emergency” powers by the executive branch (and not just Trump). 

Summarizing previous Cato research, I note that the 1976 Senate special committee charged with emergency powers reform was appalled that four national emergencies were in effect at that time, yet “today we live under 50 active national emergencies, several of which date back decades and all of which unlock broad executive powers—under IEEPA mainly but also several other US laws—that are typically reserved to Congress or delegated to the president in a much narrower fashion.” Here’s the full list:

As the table above shows, emergency rule is an endemic, bipartisan affliction, with Trump responsible for just 16 of the 50 national emergencies now in force. Yet the table also shows that Trump is a clear abuser of the law, and his IEEPA tariffs—and now the Greenland threat—reveal three big problems with the current “emergency” system: 

  • First, the vague and open-ended definition of “national emergency” has, along with extreme court deference, allowed the president to declare almost anything an “emergency” and then unlock vast powers that can be completely unrelated to the emergency at hand. Thus, for example, Treasury Secretary Scott Bessent explained that, even though there’s no imminent risk of a Chinese or Russian invasion of Greenland, “emergency” tariffs on imports of NATO allies were lawful and appropriate because “[t]he national emergency is avoiding a national emergency.”
  • Second, once declared, emergencies are almost impossible for Congress to end, because resolutions to end them would need to be passed with veto-proof majorities.
  • Third, each major political party loses interest in pushing for limits on presidential power when its representative occupies the White House. In fact, many congressional Republicans who have for years supported reforms to presidential tariff and emergency powers are now silent about Trump’s “emergency” tariffs (or even cheering them on). 

If Trump’s Greenland push isn’t sufficient motivation for congressional reform, then what will be?

You can read the whole thing here.

previous post
Whom Should Farmers Believe: The President or Their Lying Eyes?
next post
The Warmth of Energy Abundance

You may also like

Trump’s First-Term Tariffs Crushed US Manufacturing

February 11, 2026

Mississippi Senate Education Committee Shuts the Door on...

February 11, 2026

President Trump’s Pardons: An Embarrassment of Riches

February 11, 2026

It Was Twenty (Five) Years Ago Today. ....

February 11, 2026

The Shield Reclaimed: How the Grand Jury Is...

February 11, 2026

The One Big Beautiful Bill Made ICE Shutdown-Proof...

February 10, 2026

Marijuana Policy Between the New York Times Nanny...

February 10, 2026

Decentralizing Public Health: From Atlanta to Geneva, Institutional...

February 10, 2026

Introducing “End Fed Ed Watch”

February 10, 2026

No Tax on Tips and Overtime: A Case...

February 10, 2026

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Trump’s First-Term Tariffs Crushed US Manufacturing

      February 11, 2026
    • Mississippi Senate Education Committee Shuts the Door on Opportunity—Without Hearing from Kids Who Would Benefit

      February 11, 2026
    • President Trump’s Pardons: An Embarrassment of Riches

      February 11, 2026
    • It Was Twenty (Five) Years Ago Today. . .

      February 11, 2026
    • Are Government Services Underfunded?

      February 11, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 yourprofithour.com | All Rights Reserved

    Your Profit Hour
    • World News
    • Investing
    • Tech News
    • Stock
    • Editor’s Pick