The chaos of customs duties will continue unless the congress interferes with

After days of chaos, it looked like it was comfortable. The White House announced a 90 -day deadline on Wednesday that releases most countries from the new and strict customs duties schedule. The markets rose soon, and the administration announced its victory … then the chaos returned. Regardless of the end of this experience, there is a lesson to be repeated: If Congress wants to avoid similar chaos in the future, he must regain his authority over the Customs Policy of the Executive. Fortunately, it seems that a certain decision -making centers in Capitol Hill have started to act rationally. Among the continued initiatives, there is a draft law of the two parties currently in the Senate, with the support of seven members of the Republican Party, which states that any customs duties proposed by the president should receive the approval of Congress within 60 days, while giving him the authority to cancel them at any time. A similar bill in the House of Representatives is also supported by the two parties, although it will face procedural obstacles. Although these accounts are not expected to adjust soon, they should have been taken long ago. Although the Constitution gives the congress the authority to define the customs policy, it has gradually deprived it on the grounds that presidents are more able to expand free trade than those with now local orientations. This comparison has had its fruit for decades and helped make the US economy more open, innovative and prosperous. The collapse of the comparison for accepting fees, but the current administration spoiled that comparison. Since the beginning of the month, a set of new drawings, including a basic rate of 10%, additional fees on China, and ‘mutual’ fees not specified on dozens of other countries, which led to the collapse of markets and a sharp increase in the Treasury. Goldman Sachs Group economists estimated the possibility of recession during the next year by 45%. Although the stated deadline will partly contribute to reducing tension, the situation is still dangerous. The basic drawing will remain, as well as the fees imposed by China. Almost every United States commercial partner will apparently have to negotiate completely new bases within three months, otherwise he will face more unrest. The administration can change his opinion during this period. It is clear that Congress was not proposed that the head of the global trading system, on the one hand, tampered with the markets in an improvised way that harmed most Americans, when he delegated the authority to impose customs duties. (There is currently a lawsuit in this regard). However, the restoration of that power will be a difficult task. The president promised to use the veto against the draft law in the Senate, and lawmakers are unlikely to succeed in mobilizing the necessary votes to overcome the veto. Republicans’ position, but this effort can be effective despite everything. Let us remember that only one elected official in Washington supports these fees without reservation. (“I don’t fully understand this strategy,” a phrase by Republican senators, Ron Johnson, said, adding: “I don’t think anyone else understands it.” If the president continues to decline in the coming months, and the costs carried by consumers and businesses will continue to find more Republican a motivation to draw their objections to their party. The expansion of tax cuts and energy and immigration accounts.