According to the Reciprocal Trade Agreements Act of 1934,the President could lower tariffs by up to 10 percent of the existing level without congressional approval.

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The Reciprocal Trade Agreements Act of 1934 granted the President the ability to negotiate tariff reductions with foreign countries and implement them without prior approval from Congress. The President could reduce tariffs by up to 50% of the existing rate, but no more than 50%. Additionally, Congress could pass a resolution to disapprove of any tariff reductions implemented by the President.