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Keyword: tafiffs

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  • Who Controls U.S. Tariffs? The Constitution vs. Presidential Power

    04/05/2025 6:14:36 AM PDT · by Sir_Humphrey · 77 replies
    U.S. Constitution.net ^ | 2-11-2025 | Eleanor Stratton
    Article I, Section 8 of the U.S. Constitution vests the power to lay and collect tariffs with Congress. The Founding Fathers intended for legislative oversight on taxation, tariffs, and related financial matters, viewing tariffs as strategic levers to be used with caution and prudence. Historically, Congress set tariffs and maintained tight control over this power. However, over time, particularly after the Great Depression, there was a shift towards delegating some authority to the executive branch. This began with the Reciprocal Trade Agreements Act of 1934, allowing the President to negotiate trade agreements without separate congressional approval each time.Later acts, such...