[Jonathan Bernstein] POTUS rules the trade wars. Thank You, Congress.
Jun 11, 2018
Once upon a time, Congress had the lead role in trade policy. Think back to the “tariff of abominations” of the 19th century or Smoot-Hawley of the 20th in your high school history class. So how did the presidency come to take charge of trade to the extent that it’s news when a bipartisan group in the Senate and some House Republicans move to reclaim that power? And why is that objective probably unachievable? Jennifer Delton, at Made by History, describes how trade-supporting liberals, beginnin