Reciprocal Trade Act Aims to Increase Trump's Tariff Authority

The transcript discusses global trade relations, focusing on the balance of trade authority between Congress and the President. Senator Chuck Grassley advocates for reducing presidential trade powers, while Congressman Matt Gaetz supports expanding them through the Reciprocal Trade Act. The Act would allow reciprocal tariffs, aiming for a freer trade environment. The discussion also touches on constitutional authority, the State of the Union address, and political strategies regarding border security and trade policies, emphasizing the importance of these issues in the 2020 campaign.

What is Senator Chuck Grassley's stance on the President's trade powers?

• He wants to expand them.

• He believes they should be reduced.

• He wants Congress to have full control.

• He thinks they are adequate.

What is the main goal of the Reciprocal Trade Act according to Congressman Gaetz?

• To create a freer trade environment.

• To impose tariffs only on European goods.

• To increase tariffs on all imports.

• To eliminate all tariffs.

How does the Reciprocal Trade Act propose to handle tariffs?

• By imposing higher tariffs than other countries.

• By eliminating all tariffs.

• By imposing tariffs only on agricultural products.

• By matching tariffs imposed by other countries.

What does Congressman Gaetz suggest about the balance of trade authority?

• The President should have unlimited authority.

• Congress should have no role in trade.

• There should be a balance with congressional benchmarks.

• Trade should be managed by international bodies.

What is Gaetz's view on the President's approach to China?

• He wants the President to focus on Europe instead.

• He is confident the President will be tough.

• He believes the President is too lenient.

• He thinks the President should ignore China.

What political strategy does Gaetz mention for the 2020 election?

• Concentrating only on the Rust Belt states.

• Building a coalition by addressing trade and border security.

• Ignoring trade issues.

• Focusing solely on immigration.

What does Gaetz expect the President to emphasize in the State of the Union address?

• The importance of reducing military spending.

• The necessity of cutting social programs.

• The need for unity on immigration and trade.

• The benefits of increasing taxes.