• India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
More
InspirationalCareerBengaluruDelhiMumbai
Hindi Tamil Telugu
More
In the news
Narendra Modi
Amit Shah
Box Office Collection
Bharatiya Janata Party (BJP)
OTT releases
Hindi Tamil Telugu
User Placeholder

Hi,

Logout

India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
Home / News / World News / US: Trump seeks to expand his power to impose tariffs
Next Article
US: Trump seeks to expand his power to impose tariffs

US: Trump seeks to expand his power to impose tariffs

By Aakanksha Raghuvanshi
Feb 06, 2019
01:15 pm

What's the story

US President Donald Trump today vowed to right "calamitous" trade policies and sought to expand his power to impose tariffs, which he said would empower him to respond faster during trade wars.

Trump during his annual State of the Union address told Congress that Washington's aggressive trade negotiations with China would mean an end to its alleged "theft" of US jobs and wealth.

Speech

'Theft of American jobs, wealth has come to an end'

"We're now making it clear to China that after years of targeting our industries, stealing our intellectual-property, the theft of American jobs and wealth has come to an end," Trump said.

"Therefore, we recently imposed tariffs on $250 billion of Chinese goods, and now our treasury is receiving billions of dollars a month from a country that never gave us a dime," he added.

You're
20%
through

Quote

I blame our leaders for allowing travesty to happen: Trump

Trump said, "I don't blame China for taking advantage of us, I blame our leaders and representatives for allowing this travesty to happen." He also urged the Congress to pass the Reciprocal Trade Act to handle the tariff issues with other countries also.

You're
40%
through

Request

RT Act, if passed, could affect bilateral trade with India

"I am also asking you to pass the United States Reciprocal Trade Act, so that if another country places an unfair tariff on an American product, we can charge them the exact same tariff on the same product that they sell to us," Trump said.

The United States Reciprocal Trade Act, if signed into law, could have consequences on bilateral trade with India.

You're
60%
through

About

President would have powers to impose tariff without Congressional approval

The proposed legislation would expand the WH's latitude to impose tariffs if other countries' tariffs or non-tariff barrier exceed US ones.

The legislation would require at least some negotiations with the other countries and for the WH to notify Congress, but the tariff wouldn't need lawmaker's approval.

The President has powers to impose tariff without Congressional approval, by citing national security as a reason.

You're
80%
through

Opposition

RT Act likely to face an uphill fight in Congress

Trump has already used powers to impose tariffs on steel and aluminum imports.

The Reciprocal Trade Act is likely to face an uphill fight in Congress, where many lawmakers in both parties have opposed Trump's trade policies.

A bipartisan group of lawmakers introduced legislation to limit Trump's ability to use national security as a rationale for tariffs.

The business community is supporting the bill.

Done!
Facebook
Whatsapp
Twitter
Linkedin
Related News
Latest
Donald Trump
United States of America
China

Latest

Shubman Gill surpasses 5,000 T20 runs with 93* versus DC Gujarat Titans
Declan Rice's goal secures Champions League spot for Arsenal: Stats Arsenal FC
IPL 2025, Gujarat Titans hammer Delhi Capitals at Kotla: Stats Axar Patel
Sai Sudharsan slams his 2nd IPL century: Key stats Sai Sudharsan

Donald Trump

US government shuts down after disputes over Trump's border wall US Government
On GoFundMe, Trump's supporters raise whopping $14mn for border wall Mexico
Partial US government shutdown to last through Christmas US Government
Trump says discussed 'highly coordinated' Syria pullout with Erdogan Syria

United States of America

Doomsday Clock remains at two minutes to apocalypse Climate Change
WWE Royal Rumble 2019: Results and analysis WWE
Proud to be first Hindu-American to run for US-president: Gabbard Narendra Modi
By typing Captcha, you are actually helping Google. Read how Google

China

Man sold his kidney for iPhone, currently fighting for life iPhone
Taiwan's President Tsai Ing-wen rejects Xi Jinping's call for unification Taiwan
In historic moment, China lands probe on moon's dark side Moon
Honor 10 Lite to launch in India in mid-January: Reports Technology
Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin
All rights reserved © NewsBytes 2025