Author Topic: Trump Orders Tariffs on Steel and Aluminum. Can Congress Stop Him?  (Read 363 times)

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Offline EasyAce

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A 25 percent tariff on steel and a 10 percent tariff on aluminum will take effect in 15 days, unless GOP lawmakers take unusual steps to stop them
By Eric Boehm
http://reason.com/blog/2018/03/08/trump-orders-tariffs-on-steel-and-alumin

Quote
Well before he was president, Donald Trump wanted tariffs.

In an April 2011 interview with The Wall Street Journal, Trump said that if he were president, he would impose a 25 percent tariff on all Chinese goods imported into the United States. "Protectionism?" the future president scoffed when asked about the consequences of tariffs for the American economy. "I want to be protected."

Other aspects of his chaotic 2016 presidential campaign got more attention, but tariffs were always a part of the Trump platform. A tariff on Chinese goods would show that the United States was "not playing games anymore," Trump said at an August 2016 rally in Florida. Shortly after winning the election, Trump's transition team talked about the possibility of a 10 percent tariff on imports. And as his first year in the White House ticked along, Trump seemingly became more impatient. "I want tariffs," he reportedly bellowed during a tense discussion with some of his top economic advisers in August of last year.

On Thursday, Trump finally got his tariffs . . .

. . . A 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum will take effect in 15 days, the White House announced Thursday. Trump said he's willing to exempt Canada and Mexico from the tariffs, and to review other countries on a case-by-case basis . . .

. . . Trump's tariffs are being implemented under Section 232 of the Trade Expansion Act of 1962, which gives the White House more or less carte blanche to impose tariffs on national security grounds. The national security rationale for tariffs on steel and aluminum is pretty weak—the administration says that American weapons of war depend on steel and aluminum supplies, so domestic producers must be protected from international supplies that could be cut-off in the event of a conflict—but it exists and that's enough . . .

. . .  [T]he tariff fight has become another painful lesson about what happens when Congress abdicates its responsibility and hands power to the executive branch.

Last year, Sen. Mike Lee (R-Utah) introduced the Global Trade Accountability Act, which would require congressional approval of any unilateral trade action taken by the executive branch. Had it passed, Trump would have been required to outline the costs and benefits of his tariffs to Congress, instead of taking action on his own.

Trump's tariffs, Lee said Thursday, "would be a huge job-killing tax hike on American consumers." He urged Congress to take action to block them . . .


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Offline IsailedawayfromFR

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Re: Trump Orders Tariffs on Steel and Aluminum. Can Congress Stop Him?
« Reply #1 on: March 10, 2018, 01:35:47 am »
They won't. In an election year like this, don't try to find congressmen coming out to attack giving US workers jobs over foreigners.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington