US President Donald Trump on April 2 announced reciprocal tariffs on US trading partners, including 20 percent on goods from the European Union, a move that some experts fear will set off a trade war and cause the world’s economy to tank.
However, it doesn’t talk about spending. As far as I understand it, congress decides how taxes are spent. If tariffs are spent by the president then Trump has a budget that congress doesn’t control, unless they change the law.
That’s an excellent article, thank you.
However, it doesn’t talk about spending. As far as I understand it, congress decides how taxes are spent. If tariffs are spent by the president then Trump has a budget that congress doesn’t control, unless they change the law.