Though Congress holds power over regulating commerce with foreign nations, it has incrementally delegated significant ...
The act expands the president’s surprisingly limited tariff powers. In recent trade disputes, the Trump and Biden administrations invoked emergency powers found in the International Emergency Economic ...
However, we believe the 40-year-old North American free trade bloc ultimately will survive, as the focus of tariff and trade policy ... from the Tax Cuts and Jobs Act (TCJA).
About 95 years ago, the Smoot-Hawley Tariff Act aimed to protect American ... the U.S. reversed course with the Reciprocal Trade Agreements Act of 1934, promoting international trade instead ...
President Donald Trump delayed ending the trade loophole ... and collect the tariff revenue "expediently." The de minimis exemption refers to Section 321 of the Tariff Act of 1930 and allows ...
The current animosity bears many similarities to an earlier episode in U.S. history — the Tariff Act of 1930 — which triggered an all-out trade war and exacerbated the Great Depression ...
In addition to stopping Chinese tariff evasion, Trump has voiced support for setting U.S. tariffs at reciprocal rates, which aligns with the Reciprocal Trade Act introduced in the House in January.