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A push is building in the Senate to give President Donald Trump new, congressionally-backed tariff powers, after the Supreme Court struck down his broad use of the International Emergency Economic Powers Act to impose duties.
Rick Scott of Florida is leading the effort with a bill called the Trade Deficit Elimination Act.
The case for the bill is clear; the risk is that it concentrates trade authority in the executive branch more durably than IEEPA ever did. What the bill would do Scott's legislation would direct U.S.
Trade Representative Jamieson Greer to compile an annual watch list of countries carrying bilateral goods trade deficits with the United States.
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