News
Senate continues working to restrict Trump’s tariff powers
The Senate might
bring a compromise bill limiting President Trump’s tariff powers to the floor
this fall.
There are two
similar bills that would restrict the President’s use of Section 232 national
security tariffs including steel and aluminum tariffs.
A Senate Finance
Committee staff member tells Brownfield Chairman Chuck Grassley has asked them
to combine Senator Pat Toomey’s Congressional Trade Authority Act with Senator
Rob Portman’s Trade Security Act.
Toomey’s legislation
would require Congress to approve all Section 232 tariffs issued during the
last four years or they would automatically be repealed.
Grassley told
reporters he would like to bring the compromise bill to the floor in September
or October.
