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Bipartisan Pair In Senate Moves To Check Trump On Tariffs

Bipartisan Pair In Senate Moves To Check Trump On Tariffs

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<div style&equals;"position&colon;relative">&NewLine;<p>After President Donald Trump unveiled his &OpenCurlyDoubleQuote;Liberation Day” <a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;trump-unleashes-liberation-day-tariffs" target&equals;"&lowbar;blank" rel&equals;"noopener">tariffs<&sol;a> on Wednesday&comma; a bipartisan pair of senators put forward legislation to give Congress more authority over future penalties on imports&period;<&sol;p>&NewLine;<p>The &OpenCurlyDoubleQuote;Trade Review Act of 2025” <a href&equals;"https&colon;&sol;&sol;www&period;grassley&period;senate&period;gov&sol;imo&sol;media&sol;doc&sol;trade&lowbar;review&lowbar;act&period;pdf" target&equals;"&lowbar;blank" rel&equals;"noopener">requires<&sol;a> the president to notify Congress within 48 hours of imposing or increasing a tariff&comma; providing reasoning for the duties as well as impact analysis on American businesses and consumers&period; It further mandates congressional approval via a joint resolution within 60 days for the tariffs to remain in effect&period; It also allows Congress to terminate tariffs at any time&comma; excluding anti-dumping and countervailing duties&period;<&sol;p>&NewLine;<p>Senate Finance Committee members Chuck Grassley &lpar;R-IA&rpar; and Maria Cantwell &lpar;D-WA&rpar; introduced the bill on Thursday — less than 24 hours after Trump imposed tariffs with a 10&percnt; baseline and rates up to 50&percnt; in some cases on several dozen countries&comma; in response to what the president condemned as decades of unfair trade practices&period;<&sol;p>&NewLine;<p>The legislation &OpenCurlyDoubleQuote;mirrors” Grassley’s <a href&equals;"https&colon;&sol;&sol;www&period;grassley&period;senate&period;gov&sol;news&sol;news-releases&sol;grassley-statement-tariff-announcement">2019<&sol;a> Section 232 tariff reform efforts as Senate Finance Committee chairman during Trump’s first term in the White House&comma; according to a press release from the senator’s office&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;For too long&comma; Congress has delegated its clear authority to regulate interstate and foreign commerce to the executive branch&period; Building on my previous efforts as Finance Committee Chairman&comma; I’m joining Senator Cantwell to introduce the bipartisan Trade Review Act of 2025 to reassert Congress’ constitutional role and ensure Congress has a voice in trade policy&comma;” Grassley said&period;<&sol;p>&NewLine;<p>Cantwell said&comma; &OpenCurlyDoubleQuote;Trade wars can be as devastating&comma; which is why the Founding Fathers gave Congress the clear Constitutional authority over war and trade&period; This bill reasserts Congress’s role over trade policy to ensure rules-based trade policies are transparent&comma; consistent&comma; and benefit the American public&period; Arbitrary tariffs&comma; particularly on our allies&comma; damage U&period;S&period; export opportunities and raise prices for American consumers and businesses&period; As representatives of the American people&comma; Congress has a duty to stop actions that will cause them harm&period;”<&sol;p>&NewLine;<p>Punchbowl News co-founder Jake Sherman indicated that he was doubtful the bill from Grassley and Cantwell would be signed into law&comma; let alone making it through both chambers of Congress&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The Grassley-Cantwell bill has huge hurdles&comma;” <a href&equals;"https&colon;&sol;&sol;x&period;com&sol;JakeSherman&sol;status&sol;1907834951271084272" target&equals;"&lowbar;blank" rel&equals;"noopener">Sherman<&sol;a> said on X&period; &OpenCurlyDoubleQuote;Even if Grassley-Cantwell passes the Senate&comma; would &lbrack;House Speaker&rsqb; Mike Johnson take it up&quest; Probably not&period; Would Trump veto it&quest; Almost definitely&period; Would Republicans override his veto&quest; What do you think&quest; Probably not&period;”<&sol;p>&NewLine;<p>Lawmakers on Capitol Hill have taken other steps toward reining in Trump’s tariffs&comma; although these efforts also face challenges&period;<&sol;p>&NewLine;<p>Senate Democrats forced a vote on a <a href&equals;"https&colon;&sol;&sol;www&period;whitehouse&period;gov&sol;fact-sheets&sol;2025&sol;04&sol;fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">resolution<&sol;a> from Sen&period; Tim Kaine &lpar;D-VA&rpar; to terminate an older national emergency <a href&equals;"https&colon;&sol;&sol;www&period;whitehouse&period;gov&sol;fact-sheets&sol;2025&sol;02&sol;fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">declaration<&sol;a> that Trump used to impose 25&percnt; tariffs on Canada&period; Four Republicans joined forces with Democrats and independents to <a href&equals;"https&colon;&sol;&sol;www&period;whitehouse&period;gov&sol;fact-sheets&sol;2025&sol;02&sol;fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">pass<&sol;a> the measure&period; On the House side&comma; Foreign Affairs Committee Ranking Member Gregory Meeks &lpar;D-NY&rpar; <a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;house-dem-angles-to-force-vote-to-scrap-trumps-liberation-day-tariffs" target&equals;"&lowbar;blank" rel&equals;"noopener">said<&sol;a> that he intended to force a vote on a resolution to end the new emergency <a href&equals;"https&colon;&sol;&sol;www&period;whitehouse&period;gov&sol;fact-sheets&sol;2025&sol;04&sol;fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">declaration<&sol;a> underlying Trump’s &OpenCurlyDoubleQuote;Liberation Day” tariffs&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;bipartisan-pair-in-senate-moves-to-check-trump-on-tariffs">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

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