|
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Levin: Today's Congress Is an Example of Why FDR Was Given Trade Deal Authority in 1934The Reciprocal Trade Agreements Act (RTAA) gave FDR the unilateral authority to adjust tariff rates, as well as to negotiate bilateral trade agreements. Between 1934 and 1939, Roosevelt used his RTAA authority to obtain trade agreements with 19 countries, helping the US recover economically from the Great Depression.
"Look, you don't have to love tariffs. You might not even like tariffs," but they've been used by Democrat and Republicans alike since the country's founding, Host Levin noted Sunday in the latest episode of "Life, Liberty and Levin," presenting a list of all the presidents who have wielded tariffs:
"The president, under Article 2 [of the US Constitution], is in charge of foreign policy—that includes trade," Levin said, going on to cite specific authority Congress granted Pres. Franklin Delano Roosevelt (FDR):
"Why? Well, you look at Congress right now," Levin explained:
"So, to me, there was no non-delegation issue, this 1934 act, or to the Supreme Court," Levin concluded. The Reciprocal Trade Agreements Act (RTAA) gave FDR the unilateral authority to adjust tariff rates, as well as to negotiate bilateral trade agreements. Between 1934 and 1939, Roosevelt used his RTAA authority to obtain trade agreements with 19 countries, helping the US recover economically from the Great Depression. Subscribe for free to Breaking Christian News here "Through the RTAA, Congress set the framework for international trade negotiations and empowered the President to exert American leadership in the international trading system," the United States Trade Representative explains:
To receive daily emails from Breaking Christian News to your inbox CLICK HERE
Other Recent Articles from Breaking Christian News Jelly Roll Rocks the Grammys with Passionate Testimony: 'Jesus Is for Everybody' Chile's Incoming President Appoints Staunch Pro-Lifer as Women and Gender Equality Minister New US Envoy Arrives in Venezuela to Reopen Embassy after 7 Years Signs of Forced Entry Found at Arizona Home of 'Today' Show Host Savannah Guthrie's Mother Trump's Affordability Push Drops Rents to Four-Year Low After Years of Silence, the Clintons Face Epstein Questions 'An Unforgivable Evil': Detransitioner Awarded Millions in First Malpractice Case Things Heating Up with Iran as IRGC Drone Headed Toward USS Abraham Lincoln Shot Down by US Navy 'Melania' Film a Huge Success, Shocking Hollywood Press on Opening Weekend Give Him 15: Sanctifying the Night with the 'Big Ben Moment' of Prayer for America Trump Issues Executive Order to Expedite Rebuilding after Los Angeles County Wildfires CA, NY Set to Lose Congressional Seats after Mass Migration to Southern States NYC Democrat Wants Newsmax Banned in Taxis DHS: 6,947 Criminal Illegal Aliens Released into NY Since Jan. 20, with Thousands More to Come President Trump's HHS Rescinds Biden-Era Abortion Pill Rule That Forced Pharmacies to Supply It Shocking Email from Epstein Files Implicates Former US Ambassador, Clintons, Bidens, and More First Lady: 'Melania' Documentary Movie is 'Emotional,' 'Cinematic' A Different Kind of Classroom Is Outperforming Expectations Search the Articles Archives |
All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.
Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved
Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.
| Home | Store | Subscribe | Facebook | Article Archive |