US President Donald Trump pauses while speaking at the Economic Club of New York at the New York Hilton Midtown November 12, 2019, in New York, New York. - European stock markets closed higher on Tuesday, helped by speculation that US President Donald Trump will postpone a tariffs decision on European-made cars. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
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Phil Mattingly explains why Trump has so much power over tariffs

CNN’s Phil Mattingly explains why the executive branch has the power to impose tariffs on other countries, and why President Donald Trump’s unprecedented actions aren’t likely to face any opposition, legal or political, for now.

1:18 • Source: CNN
Politics of the Day 11 videos
US President Donald Trump pauses while speaking at the Economic Club of New York at the New York Hilton Midtown November 12, 2019, in New York, New York. - European stock markets closed higher on Tuesday, helped by speculation that US President Donald Trump will postpone a tariffs decision on European-made cars. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
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Phil Mattingly explains why Trump has so much power over tariffs
01:18
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Obama: Some presidential center exhibits reflect 'unfinished business'
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'Like medicine': Dave Chappelle on celebrating culture, community at Obama Presidential Center opening
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How are Democratic Socialists viewed among Democrats? Harry Enten looks at the data
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Obama: Some presidential center exhibits reflect 'unfinished business'
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Michelle Obama praises her husband: ‘You were unflappable’
02:28
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<p>Vice President JD Vance confirmed the existence of<strong> </strong>written down “gentlemen’s agreements” with Iran on certain aspects of negotiations in a remarkable answer to CNN’s Kristen Holmes where he said “words don’t matter, ladies and gentlemen. We’re about verification."</p>
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Vance on Iran agreement: 'We don't trust words, we trust action'
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Did Trump get what he promised in agreement with Iran?
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Expert warns Iran could emerge stronger after Trump agreement
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Former U.S. negotiator: U.S. "caved" to Iran with Trump agreement
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Sen. Bernie Sanders to introduce bill to give public direct ownership stake in AI companies
06:16
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