The president’s tariff authority under the International Emergency Economic Powers Act (IEEPA) is overly broad and needs to be limited. While presidents historically haven’t used the IEEPA to impose tariffs, President Trump tried to impose tariffs against Mexico in May 2019. Removing that authority would keep all presidents, regardless of political party, from hurting American businesses & consumers based on political whims.
Presidents have historically had broad bilateral authority to set and pursue trade policies that benefit the U.S. and their administrations’ priorities. Taking this authority away from presidents will hamstring future administrations’ ability to set and pursue trade policies that benefit American businesses and workers.