Will the US Congress in a bipartisan action be able retake control over trade tariffs?
This will be interesting to follow!
President Trump certainly has a point to expose the many significant non-tariff trade protectionism implemented by many countries around the world that has evolved over time and have undermined real free trade.
Hopefully, at the end (within the coming 4 years and when the dust settles) we will have more global free trade again than before Trump's imposition of the trade tariffs. That would be a great outcome.
"... The Trade Review Act of 2025 was co-sponsored by Republican Sen. Chuck Grassley of Iowa and Democrat Sen. Maria Cantwell of Washington state and imposed a time limit on tariffs before they needed approval from Congress to continue.
"Any duty on an article imported into the United States shall remain in effect for a period of not more than 60 days, unless there is enacted into law a joint resolution of approval with respect to the duty," read the legislation. ...
Grassley's office released a statement about trade powers made by the senator in 2019.
“Congress should take back some of this delegation of its Constitutional authority and rebalance trade powers between the two branches in a responsible way that doesn’t impede a president’s ability to protect America’s national security,” he said at the time. ..."
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