Summary
Senators Chuck Grassley and Maria Cantwell introduced the bipartisan Trade Review Act of 2025 to reassert Congress’s authority over tariffs, following Donald Trump’s sweeping tariff announcements.
The bill would require the president to justify new tariffs and submit an economic impact analysis. Congress must approve tariffs within 60 days or they expire; it could also revoke them anytime.
Grassley’s support signals growing Republican concern over Trump’s trade policies.
The bill echoes the War Powers Act (1973), underscoring fears that unchecked trade actions harm U.S. allies, exports, and consumers.
This is how they spurn a recovery and Trump and Co all make huge bank. No way they didn’t sell off ahead of the announcement they all knew was coming.
Or do we somehow know they didn’t do this?