Trump to urge Congress to back bill expanding tariff powers: report

President TrumpDonald TrumpTrump PACs brought in over M for the first half of 2021 Chicago owes Trump M tax refund, state's attorney mounts legal challenge Biden hits resistance from unions on vaccine requirement MORE is expected to encourage Congress to pass legislation that would strengthen his powers to levy tariffs on other countries, Bloomberg reported Tuesday, citing people familiar with the plan.

The outlet reported that the legislation, the U.S. Reciprocal Trade Act, would give the president far-reaching authority to increase tariffs if he thinks another country's non-tariff barriers are excessively restrictive.


Trump will urge Congress to back the legislation during his State of the Union address later this month, according to Bloomberg, which reports that the legislation was authored by the office of White House trade adviser Peter Navarro.

The legislation would come amid a protracted trade battle between the U.S. and China. Trump has so far placed tariffs on $250 billion of Chinese goods while threatening to target another $267 billion.

Trump has said the tariffs are a response to unfair trade practices by Beijing.

The president has also placed tariffs on steel and aluminum from other countries that trade with the U.S.