Iowa Republican Chuck Grassley and Washington Democrat Maria Cantwell, both members of the Senate Finance Committee, are co-sponsoring the “Trade Review Act of 2025,” which would require congressional approval for the president to impose new tariffs, one day after Trump’s “Liberation Day” event upended international markets.
In a statement, Grassley said, “For too long, Congress has delegated its clear authority to regulate interstate and foreign commerce to the executive branch.”
Cantwell said that the bill was necessary to reassert “Congress’s role over trade policy to ensure rules-based trade policies are transparent, consistent, and benefit the American public.
But the bill faces little chance of passing, especially considering that its House companion has no Republican co-sponsors and would likely be blocked by House Speaker Mike Johnson. Johnson praised the tariffs on X Wednesday night, claiming that they “level the playing field for American workers and innovators.” Even if, by some miracle, the bill passes the House, Trump would likely veto it. The War Powers Act of 1973, moreover, has been proven time and time again to be toothless—presidents have deployed troops on a number of occasions without congressional approval.
It looks like the country will be in economic free fall for a while.
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