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Are tariffs taxes in disguise? Matt Cookson, a policy fellow at Young Voices and contributor at the Mises Institute, explains the complicated truth behind tariffs. Learn why the U.S. Constitution originally placed tariff-setting power in the hands of Congress and how it ended up under presidential control during the Roosevelt administration. Cookson details how tariffs actually harm consumers, disrupt supply chains, and inject uncertainty into markets. Plus, we discuss the political realities that make Congress hesitant to reclaim its authority and what steps they could take—such as repealing the 1934 Reciprocal Tariffs Act—to restore constitutional balance.
Congress Needs to Be Jealous of its Tariff Powers – mises.org/mises-wire/congress-needs-be-jealous-its-tariff-powers
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