In the editorial the board details the onerous process companies must undergo to qualify for exemptions.
The applications include mountains of paperwork and require extreme levels of detail.
They also include statement sections where companies can make blatantly political — rather than economic — appeals on their own behalf.
And of course the result is that tens of thousands of applications have been filed with the Commerce Department – to be reviewed by non-experts in the relevant fields.
And while the applications are supposed to be settled within three months companies have already seen that deadline come and go with no response.
‘This Commerce mess illustrates that in addition to the harm tariffs do economically – they also create new opportunities for crony capitalism and corruption.
Far from draining the swamp – tariffs feed the swamp’ the board writes.