25 Dec Should Congress Limit the President’s Power to Impose Tariffs Using Economic Emergency Powers?
Over a period of last few years, the United States witnessed many tariffs were imposed without congress’s involvement by the president. Certainly, some repercussions were being faced by the country. For instance, President Trump tried to impose tariffs against Mexico in May 2019. Removing that authority would keep all presidents, regardless of political party, from hurting American businesses & consumers based on political whims.
Proponents believe that the president’s tariff authority under the International Emergency Economic Powers Act (IEEPA) is overly broad and needs to be limited.
On the contrary, opponents believe that taking this authority away from presidents will weaken future administrations’ ability to set and pursue trade policies that benefit American businesses and workers.
What are your thoughts?
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Should Congress Limit the President’s Power to Impose Tariffs Using Economic Emergency Powers?