
Sign up to save your podcasts
Or
From the founding of the republic through the early 1930s, Congress set tariff rates through legislative revisions to the US tariff schedule. Low tariffs were initially imposed to raise revenue for the federal government, but tariffs became a tool to protect domestic producers from foreign competition. Today, Congress has broadly delegated its constitutional tariff powers to the president, and there is a real risk that the legislative and judicial branches would be unwilling or unable to check a future president’s abuse of US trade law as currently written.
In a recent briefing paper titled “Presidential Tariff Powers and the Need for Reform,” Cato scholars examine the current laws that might allow the president to impose broad tariffs without congressional input, as well as the reform options available to Congress for restoring balance between the legislative and executive branches.
Hosted on Acast. See acast.com/privacy for more information.
4.5
115115 ratings
From the founding of the republic through the early 1930s, Congress set tariff rates through legislative revisions to the US tariff schedule. Low tariffs were initially imposed to raise revenue for the federal government, but tariffs became a tool to protect domestic producers from foreign competition. Today, Congress has broadly delegated its constitutional tariff powers to the president, and there is a real risk that the legislative and judicial branches would be unwilling or unable to check a future president’s abuse of US trade law as currently written.
In a recent briefing paper titled “Presidential Tariff Powers and the Need for Reform,” Cato scholars examine the current laws that might allow the president to impose broad tariffs without congressional input, as well as the reform options available to Congress for restoring balance between the legislative and executive branches.
Hosted on Acast. See acast.com/privacy for more information.
4,210 Listeners
968 Listeners
602 Listeners
2,243 Listeners
29 Listeners
2,813 Listeners
1,500 Listeners
90 Listeners
1,991 Listeners
87 Listeners
802 Listeners
719 Listeners
191 Listeners
672 Listeners
366 Listeners
224 Listeners
94 Listeners