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Trump could declare national economic emergency to justify universal tariffs, CNN reports
- President-Elect Donald Trump is considering declaring a national economic emergency to justify universal tariffs, according to four sources familiar with the matter who told CNN.
- The declaration would allow Trump to construct a new tariff program using the International Economic Emergency Powers Act, which authorizes a president to manage imports during a national emergency.
- Kelly Ann Shaw stated, 'I think the president has broad authority to impose tariffs for a variety of reasons, and there are a number of statutory bases to do so.'
- The Trump team believes rebuilding industrial capacity is important for economic and national security, benefiting communities and American workers.
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181 Articles
Trump Breaks Down His Economic Success Despite Higher Interest Rates - Valuetainment
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Coverage Details
Total News Sources181
Leaning Left25Leaning Right20Center41Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 29%
C 48%
R 23%
Factuality
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