"Congress not the president has the constitutional authority to raise taxes--and tariffs are of course taxes placed on imports."
from the internet article: "The Real Reason Trump is Destroying the Economy"
I lived through much of our manufacturing being shipped overseas. These were American companies that moved overseas had nothing to do with tariffs. It was and still is dirt cheap labor. Most of the big businessmen saw labor cost were less than a dollar and hour overseas and they could increase their profits 10 times. They could sell the same product over here at the same price and reduce their labor cost by double digits. Sure, they will come back to America when we agree to work for a $1 an hour. The tariffs will not bring them back butt we will have to pay much more for their products. Of course, all that extra money we pay will go into Trump's pocket to pay for his $4.6 trillion tax cut for his billionaire friends.
