Trump may get a big, new tariff authority

Trump may get a big, new tariff authority

Congress is poised to grant President Trump and his successors significant new tariff powers, particularly targeting major Russian energy importers. This move comes amid a legal debate over the president's existing authority to impose tariffs. The proposed legislation, which enjoys broad bipartisan support, underscores the geopolitical and economic implications of such tariff authority, especially regarding Russia's role in global energy markets. This shift could have far-reaching consequences for international trade relations and economic policy.

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Read the full article at Axios →

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