Bipartisan Senate resolution would repeal Trump’s tariffs amid his global trade war: ‘Enough’
A bipartisan group of senators is introducing a resolution to repeal President Donald Trump’s global tariffs, after the administration ignited a trade war with countries around the world.
Sens. Rand Paul, R-Ky., and Ron Wyden, D-Ore., led the resolution, which was also signed onto by Senate Minority Leader Chuck Schumer, D-N.Y., and Sens. Tim Kaine, D-Va., Jeanne Shaheen, D-N.H., Peter Welch, D-Vt., and Elizabeth Warren, D-Mass.
“Tariffs are taxes, and the power to tax belongs to Congress—not the president,” Paul said in a statement. “Our Founders were clear: tax policy should never rest in the hands of one person. Abusing emergency powers to impose blanket tariffs not only drives up costs for American families but also tramples on the Constitution. It’s time Congress reasserts its authority and restores the balance of power.”
Paul has been a staunch critic of tariffs during his time in office and has consistently opposed the use of emergency declarations to circumvent Congress.
The measure will be treated as a privileged resolution that must receive a vote on the Senate floor, according to a press release. If approved, the resolution would vacate the emergency that Trump declared in an executive order to impose tariffs of up to 49% on goods Americans buy that are produced by other countries.
Following Trump’s tariff announcement, markets have cratered, manufacturers have laid off thousands of workers and foreign countries have responded by imposing retaliatory tariffs on U.S. agricultural and manufactured goods.
“Trump is driving our economy into a recession, killing jobs and wiping out seniors’ retirement funds as we speak,” Wyden said. “Enough is enough. No president should have the power to tax everything Americans buy without being accountable to Congress. Unless Republicans join with Democrats and take back Congress’s power over trade policy, the damage could take years to reverse.”
This is an excerpt from an article by Fox Business’ Landon Mion
Read the full article here
