The President has the power to adjust tariff rates under the flexible tariff clause in the Commercial Tariff Act when Congress is not in session to allow for speedy action. The President can also enter into executive agreements for routine administrative matters and has the power to grant tax exemptions through these agreements. However, for significant policy changes, treaties require Congressional approval even if the President has delegated authority.
The President has the power to adjust tariff rates under the flexible tariff clause in the Commercial Tariff Act when Congress is not in session to allow for speedy action. The President can also enter into executive agreements for routine administrative matters and has the power to grant tax exemptions through these agreements. However, for significant policy changes, treaties require Congressional approval even if the President has delegated authority.
The President has the power to adjust tariff rates under the flexible tariff clause in the Commercial Tariff Act when Congress is not in session to allow for speedy action. The President can also enter into executive agreements for routine administrative matters and has the power to grant tax exemptions through these agreements. However, for significant policy changes, treaties require Congressional approval even if the President has delegated authority.