Pat
š¤ SpeakerAppearances Over Time
Podcast Appearances
Here, Congress, then Senate.
By the way, Rob, can you ask the question, according to the Constitution and our system,
if the president did take all the tariffs for the different countries he imposed through Congress and Senate, what is the fastest and slowest it would take for them to get approved?
Do you know what question I'm asking?
Yeah, so I want to know if, okay, great, we follow the system because that's the great thing about America, you're following the system.
If we did follow the system, according to the Constitution,
What does it say?
Short answer?
A president doesn't need... Because Congress already has delegated part of its authority through existing trade laws.
The speed depends on how long... It gives Congress power to regulate commerce and set tariffs, but over decades, Congress passed laws that delegate limited tariff power to the president...
which is why the president, I know, but that's the 10 to 15, but I'm talking about above the 15%.
You saw the president that just raised it from 10 to 15.
Well, so it's a slow path.
New tariffs require full congressional legislation.
We know what's going to happen there.
Go lower, Rob, to see what the slow path would be.
Keep going lower.
Slow path.
Okay, number one, bill introduced to the House or Senate.
Two, committee hearings and markups.