Bill Would Give Trump More Tariff Authority

“A legal cat-and-mouse game has played out over whether the president can use various obscure, untested provisions to impose tariffs. Now, Congress appears on track to give him a big, new — and explicit — tariff authority,” Axios reports.

“A bill on Russia sanctions, named for the late Sen. Lindsey Graham, has received overwhelming bipartisan support in the Senate and would allow President Trump and future presidents to impose tariffs of up to 100% on major importers of Russian energy.”

“If enacted in its current form, it would give the president greater flexibility to raise import taxes on major economies including India, China and the European Union, without the legal limits and ambiguity of the tools he has used thus far.”