Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.
Trump Imposes 10 Percent Baseline Reciprocal Tariffs, 20 Percent On EU Imports
https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
Tariffs are spent by the president, taxes by congress. It's restructuring the income of the US to give more power to the president. The trade war should be the show for the public.
Apparently Congress delegated those powers to the executive branch, which means it could take them back, but it won’t, at least not until after the next election. How Congress delegates its tariff powers to the president
That's an excellent article, thank you.
However, it doesn't talk about spending. As far as I understand it, congress decides how taxes are spent. If tariffs are spent by the president then Trump has a budget that congress doesn't control, unless they change the law.
