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Where Trump can act on his own (and perhaps quickly) Trump spent much of the campaign promising to enact his tariff ideas "quickly" and a series of moves by Congress stretching back decades could ...
During his first term, Trump invoked laws from that period to enact tariffs. Steel and aluminum tariffs drew upon national security powers afforded by a measure signed into law more than 50 years ...
Presidents can enact tariffs without congressional action, but Trump may want to work with Congress on tariffs since they raise revenue that could be used to offset what is expected to be a very ...
Some lawmakers in the U.S. Congress have expressed dismay at President Donald Trump's threat to slap new tariffs on Canada, China and Mexico, but they have limited power to stop him. The U.S ...
Corporate America, outraged by the tariffs, has lobbied hard against them. Mainstream economists largely agree that Trump’s tariff plan will reignite inflation and slow US economic growth.
The Peterson Institute for International Economics estimates that if enacted in full, Trump’s proposed tariffs would cost the typical family more than $2,600 per year in higher costs and other ...
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift ...
To Xi’s complaint that tariffs hurt China’s economy and Xi’s domestic popularity, Trump need only remind him that the COVID pandemic he unleashed on the world in 2019 cost a million American ...