September 13, 2022Some in Congress of trade policy back from the president. It might surprise you to learn that lawmakers ever had it.Until the 1930s, it was Congress that set the terms of United States trade negotiations with other countries and raised and lowered tariffs as it saw fit, while the president did little but sign his name. Over the ensuing decades, however, the legislative branch began to cede more and more power to the executive after a trade war sparked by protectionist tariffs worsened the Great Depression.As a result, President Donald Trump today has been able to and...…September 13, 2022Some in Congress of trade policy back from the president. It might surprise you to learn that lawmakers ever had it.Until the 1930s, it was Congress that set the terms of United States trade negotiations with other countries and raised and lowered tariffs as it saw fit, while the president did little but sign his name. Over the ensuing decades, however, the legislative branch began to cede more and more power to the executive after a trade war sparked by protectionist tariffs worsened the Great Depression.As a result, President Donald Trump today has been able to and...WW…