|
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 US Missionary Abducted by Suspected Jihadists: 'Pray for His Protection' State Senator to Call on Trump to Fight Christian Persecution California Universities Demand Trans-Pronoun Usage to Attend Classes Trump Administration Rejoins Pro-Life Geneva Consensus to Support International Right to Life Levin: Today's Congress Is an Example of Why FDR Was Given Trade Deal Authority in 1934 There's About to Be a Huge Shake-Up at ICE; And the Left Is Gonna Be Furious Trump Vows to 'Get It Done' on SNAP Funding amid Dems' Shutdown 'Life-Threatening Damage': Hurricane Melissa Makes Landfall in Cuba after Battering Jamaica Alveda King Highlights Current Evidence of Revival; 'Now What Are We Gonna Do With It?!' President Trump's HHS Reversing Biden Policy That Funded Abortions for Illegal Immigrant Minors 'Go Out and Buy Toyota': Trump Announces Japan's Major Investment in US Industry House Oversight: Biden's Executive Actions With Autopen 'Illegitimate' Air Traffic Controller Shortage Causes Flight Delays, Cancellations, Due to the Government Shutdown Trump Celebrates 'Wonderful' Children With Down Syndrome: 'You Are Amazing' ICYMI: Governor Abbott Signs Law Banning Sharia Compounds in Texas Rubio Deports Suspected Muslim Brotherhood Leader 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 |