More on Donald Trump's Economically Illiterate Plan to Impose Massive Across-the-Board Tariffs

 

by Rod Williams, Nov.2, 2024- Unfortunately, we have two economic illiterates running for president this year and one will hold office. If Trump is elected, I doubt he will listen to economist who will tell him his tariff proposal will be disastrous for workers, consumers and the American and world economy. He thinks he is the smartest guy in the room and will expect total loyalty and no backtalk this time around. 

Congress has the constitutional authority to set tariffs, but overtime Congress has delegated that authority to the executive branch. Congress has for decades been delegating more and more rule-making authority to the executive branch. Simple gridlock will not stop Trump form imposing his tariff proposals should he be elected. Congress could claw back that authority to set tariffs from the executive branch, but it would not be easy, and gridlock in this case would serve the president and prevent Congress from regaining the authority they delegated away.  

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