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To: CA Conservative

Actually, according to the Reciprocal Tariff Act of 1934, the President has a large amount of power in dealing with tariffs....

https://en.wikipedia.org/wiki/Reciprocal_Tariff_Act


43 posted on 02/10/2016 3:54:46 PM PST by GenXteacher (You have chosen dishonor to avoid war; you shall have war also.)
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To: GenXteacher
Actually, according to the Reciprocal Tariff Act of 1934, the President has a large amount of power in dealing with tariffs....

Yes, but only in the area of REDUCING tariifs - not in raising them.

"The Act served as an institutional reform intended to authorize the president to negotiate with foreign nations to reduce tariffs in return for reciprocal reductions in tariffs in the United States."

"Another key feature of the RTAA was the fact that if Congress wanted to repeal a tariff reduction, it would take a two-thirds supermajority."

And even if the president negotiated a change in tariffs, it had to be approved by Congress - a reduction in tariffs only required a majority vote, but an increase required a 2/3 majority.

55 posted on 02/10/2016 4:06:33 PM PST by CA Conservative (Texan by birth, Californian by circumstance)
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