Tariff changes: How is Trump able to raise them so easily?

[kmiklas]

...recent China increases, today Mexico... is there no check on his power to raise/lower tariffs?

His tariff increases are ultimately messing with supply chains, sending us into a “faux” bear market.

I heard some vague reference to a 1978 law that gives him unilateral power over tariff increases. Anyone know anything about this?

Thx, Keith :^)

 

[gaussian]

International Emergency Economic Powers Act of 1977 allows tariff powers during a national emergency.

Trading with the Enemy Act of 1917 allows tariff powers during war.

Trade Act of 1974 gives him unilateral tariff power in general.

 

[bone]

International Emergency Economic Powers Act of 1977 allows tariff powers during a national emergency.

Trading with the Enemy Act of 1917 allows tariff powers during war.

Trade Act of 1974 gives him unilateral tariff power in general.

I was gonna say "Twitter" but you spoiled it with facts.

 

[GRULSTMRNN]

Always gotta cheer those who care about facts when they care about facts. Thanks for sharing

International Emergency Economic Powers Act of 1977 allows tariff powers during a national emergency.

Trading with the Enemy Act of 1917 allows tariff powers during war.

Trade Act of 1974 gives him unilateral tariff power in general.

 

[Cuddles]

...recent China increases, today Mexico... is there no check on his power to raise/lower tariffs?

His tariff increases are ultimately messing with supply chains, sending us into a “faux” bear market.

I heard some vague reference to a 1978 law that gives him unilateral power over tariff increases. Anyone know anything about this?

Thx, Keith :^)

https://www.cnn.com/2019/05/31/politics/mexico-tariffs-emergency-powers-act/index.html

Where Trump's 'emergency power' on tariffs comes from
https://www.cnn.com/profiles/z-byron-wolf

 

[GRULSTMRNN]

You love your CNN don't you...of all the sources...

https://www.cnn.com/2019/05/31/politics/mexico-tariffs-emergency-powers-act/index.html

Where Trump's 'emergency power' on tariffs comes from

 

[Overnight]

I liked CNN when James Earl Jones was the voice of the commercial thingy.

That's Darth Vader, man!

 

[Cuddles]

You love your CNN don't you...of all the sources...

I'd like to see your article tailor made to answer OP's question.

 

[volpri]

Tariffs are a wonderful thing to the alas of those with a globalist mindset.....

 

[SunTrader]

Lewzer snowflakes use tariffs.

"I'm taking my ball home. You don't place nice".

Huawei is ahead on G5.