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The President’s Long-Forgotten Power To Raise Tariffs

By John K. Veroneau on December 14, 2016
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President-elect Trump’s expressed interest in possibly raising tariffs on imported goods has prompted considerable effort in trying to understand the scope of Presidential authority to raise tariffs. While the Congress has primary authority to set tariffs and the U.S. has made extensive international commitments to not raise tariffs, President-elect Trump will have a degree of unilateral authority in this area. Many recent news articles and reports have catalogued Presidential authority in this area. In doing our own research, we uncovered a statute – Section 338 of the Trade Act of 1930 – that has been overlooked but gives the President significant tariff-raising authority, and permits private parties to petition for relief.  Here is the link to the article we recently authored explaining Section 338, its history, and its prior uses.

Photo of John K. Veroneau John K. Veroneau

Ambassador John Veroneau is a Chambers-ranked international trade lawyer in the firm’s International Trade Practice Group. Having served in senior positions in both Executive and Legislative branches, he provides legal and strategic advice to clients on a broad range of international trade…

Ambassador John Veroneau is a Chambers-ranked international trade lawyer in the firm’s International Trade Practice Group. Having served in senior positions in both Executive and Legislative branches, he provides legal and strategic advice to clients on a broad range of international trade matters. Ambassador Veroneau held Senate-confirmed positions under President Bush as Deputy United States Trade Representative (USTR) and USTR General Counsel, and under President Clinton as an Assistant Secretary of Defense.

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  • Posted in:
    Business and Commercial
  • Blog:
    Global Policy Watch
  • Organization:
    Covington & Burling LLP
  • Article: View Original Source

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