Sen. Chuck Grassley, R-Iowa, on Thursday introduced legislation with Sen. Maria Cantwell, D-Wash., to amend the Trade Act of 1974 to bring back congressional authority over tariffs.
The bill, the Trade Review Act of 2025, would require the president to notify Congress of any new tariffs within 48 hours of their imposition. The bill also limits the enactment of the president’s tariffs to 60 days unless he receives congressional approval for their continuation. It also allows Congress to terminate the tariffs by passing a resolution of disapproval.
The Grassley-Cantwell bill excludes antidumping and countervailing duties from the new regulations.
“For too long, Congress has delegated its clear authority to regulate interstate and foreign commerce to the executive branch. Building on my previous efforts as Finance Committee Chairman, I’m joining Sen. Cantwell to…
