Moody's Talks - Inside Economics cover image

Jared Bernstein's Head is Spinning

Moody's Talks - Inside Economics

CHAPTER

Tariffs and Presidential Power

This chapter delves into the president's authority to impose tariffs and the constitutional questions surrounding such powers, particularly in light of a 1977 law on national emergencies. It also examines the volatile relationship between tariff announcements and the stock market, highlighting concerns over the unpredictable economic landscape and trade relations with China.

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