Yes exactly what we need. Another idiot who thinks he is an Imperial President.
Seriously do any of your Socialists/Protectionists understand the powers delegated to the President of the United States?
Good God it amazes me how many so-called Conservatives on this site haven't a clue about how this Country is supposed to work. Read the Fucking Constitution!
Jefferson, Madison, Washington and ME are patriots. FREE TRAITORS SUCK.
Section 8 - Powers of Congress The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
Tariffs in United States history have played important roles in trade policy, political debates and the nation's economic history. The 1st United States Congress, wanting a straightforward tax that was not too onerous and easy to collect, passed the Tariff of 1790. Like all subsequent tariffs it taxed imported goods at their Ports of entry to raise revenue for the federal government. Treasury agents collected the tariff before goods could be landed, and what became the Coast Guard prevented smuggling. Tariffs were the largest (approaching 95% at times) source of federal revenue until the Federal income tax began after 1913. For well over a century the federal government was largely financed by tariffs averaging about 20% on foreign imports. There are no tariffs for imports or shipments from other states. Since the 1940s foreign trade policies have focused more on reciprocal tariffs and low tariff rates rather than using tariffs as a significant source of Federal tax revenue. The goal of using higher tariffs to promote industrialization was urged by the first Secretary of the Treasury, Alexander Hamilton, and after him the Whig Party. They generally failed because Jeffersonian and Jacksonian Democrats said the tariff should be only high enough to pay the government's bills. The Republicans, however, made high tariffs the centerpiece of their economic policy beginning in 1861, and as late as 1930. Since 1930 tariffs have not been a major political issue.
Of course tariffs need congressional approval. I never said they didn't. As President in my hypothetical I would encourage the congress to act, and would make it clear I would sign such legislation.