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Lawmakers pursue avenues to counter Trump tariffs

Lawmakers pursue avenues to counter Trump tariffs

CBSN
Thursday, April 03, 2025 07:49:38 PM UTC

Washington — Backlash to President Trump's tariffs cropped up throughout Capitol Hill on Thursday, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports — while putting forward a handful of possible methods to counter them.

On Wednesday, the president announced a 10% baseline tariff on all U.S. trading partners while increasing levies on dozens of countries that charge higher taxes on American exports. And after what Mr. Trump described as "Liberation Day," investors appeared spooked, with members of Congress unclear on the path forward. 

The response from some lawmakers was swift. Sens. Maria Cantwell, a Washington Democrat and Chuck Grassley, an Iowa Republican, introduced bipartisan legislation Thursday aimed at reasserting Congress' role over trade policy. The measure, known as the Trade Review Act of 2025, would require the president to give Congress 48 hours' notice before imposing or raising tariffs. The president would have to include an explanation and analysis of the potential impact, while lawmakers would have the ability to end the levy with a joint resolution. 

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