Republican Sen. Chuck Grassley and Democratic Sen. Maria Cantwell have introduced the Trade Review Act, aimed at curbing President Trump's tariff powers. This act demands congressional approval for new tariffs within 60 days or they automatically expire, reversing previous trends allowing presidential control under emergencies. The bipartisan effort reflects growing unease among Republicans regarding Trump's recent tariff announcements. Despite potential legislative hurdles due to GOP leadership's support for Trump, the introduction of this bill signals significant bipartisan concerns about the implications of the new tariff regime for various economic sectors.
"In the long run, I think it will work. But as I've also said, in the long run, we're all dead. The short run matters too."
"Anyone who says there may be a little bit of pain before we get things right needs to talk to my farmer."
"This legislation reaffirms Congress' authority to quash new tariffs by disapproving them... reversing decades of Congress ceding large swaths of tariff authority."
"The measure is modeled after the War Powers Act and also affirms Congress' authority to approve new tariffs within 60 days or they expire."
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