"We made a mistake": GOP Rep. Bacon suggests limiting Trump's presidential tariff powers
"We made a mistake": GOP Rep. Bacon suggests limiting Trump's presidential tariff powers
"We made a mistake": GOP Rep. Bacon suggests limiting Trump's presidential tariff powers
Congressman Don Bacon says the president was never meant to have broad tariff power under the Constitution
Summary
Republican lawmakers, including Rep. Don Bacon, are reconsidering Trump’s tariff authority, citing economic uncertainty and potential backlash over rising consumer prices.
Bacon called for restoring tariff power to Congress, admitting past mistakes in granting temporary presidential authority.
Rep. Ralph Norman acknowledged the potential pain of auto tariffs but remained hopeful of their effectiveness.
The Congressional Budget Office warned of short-term inflation and reduced economic efficiency.