Senator Jrasli provides a draft law from the two parties to save a tariff from Trump

President Donald Trump announced shockedly High tariff In everything enters the United States on Wednesday, he sent a panic through global markets and left experts confused. But at least some politicians elected in the United States believe they can curb Trump’s ability to impose a tariff by returning power to Congress. The question is whether it was too late to do a lot.

Senator Chuck Grassley, a Republican from Iowa, and Senator Maria Cantle, a democracy from Washington, presented. Commercial Review Law for 2025. The bill will require the president to notify Congress of any new tariff within 48 hours of imposing it. This means that any new tariff will need approval by Congress within 60 days or that it will end.

Grassley said in a statement NBC News. “Based on my previous efforts as Chairman of the Finance Committee, I joined the Senator Cantle to present the 2025 party trade review law to reaffirm the constitutional role of Congress and ensure that Congress has a voice in commercial policy.”

Trump announced a 10 % basic tariff in almost each country on Wednesday, while an additional tariff is slapped on unstable countries like China, which will now be 54 %. Congress has the authority to impose customs duties, according to Article 1, Article 8 of the United States Constitution, but the legislative branch has slowly abdicated many of its authority in this field during the past century.

Trump used the 1977 international Economic Forces Law for his latest global tariff, which requires a “emergency”. Trump said that the trade deficit is the state of emergency that allows him to do this, and it is a laughing confirmation. But as we learned from Trump, you can actually do what you want as long as you have all the weapons. And Trump is the man with all weapons now.

like Politico Notes, the Grassley bill is unlikely to become a law, although there is a similar bill in the US House of Representatives. This draft law does not contain any Republican sponsors. Although it is worth noting that Grassley tries to restore some power from Trump, he still refuses to criticize the president in any meaningful way.

World leaders outside the United States, something completely different. The global reaction was from confusion and anger. European Commission President Ursula von der Lin announced in the middle of the night, US time.

The President said: “President Trump’s announcement of the global customs tariff in the entire world, including the European Union, is a major blow to the global economy.” “I feel very sorry for this choice. Let’s be clear about the tremendous consequences. The global economy will suffer greatly.”

Leaders in Canada, a country that was the closest ally of America before Trump destroyed this relationship in just two months, was frustrated by Trump’s moves on Thursday. Prime Minister Mark Carney said he was there New global reality The United States has also gave up long principles, but Canada will be “masters in our house.”

“The 80 -year -old was when the United States embraced the global economic leadership cloak, when it formulated inherent alliances in confidence and mutual respect and defended free and open exchange of goods and services,” Carney said.

Trump had already imposed a 25 % tariff on Canada and Mexico before the announcement of the goods on Wednesday, which is already covered by a current trade agreement. Four Republican Senators signed a draft law on Wednesday to stop Trump’s tariff for Canada, although this law is likely to die in the House of Representatives.

Kamala Harris, Trump’s democratic competitor in the 2024 presidential elections, Beware over and over again Last year, his plan for the economy will destroy things. But Harris lost the elections, as the Americans decided that they would prefer to go with the fascist.

But the Trump system does not show any signs of retreat from the customs tariff policies. Vice President JD Vance appeared Fox News Before the opening of the markets on Thursday, she insists that Trump’s policies will not cause inflation again.

“Remember during the Trump administration, everyone said that Trump’s tariff will be inflation at that time? What actually happened?” Then a terrible four years of the Biden administration. It is useful to back down and ask ourselves, what did the global economy have in the United States of America?

In fact, inflation began at the end of Trump’s first term in 2020 because that was the year that was struck by Web Covid-19. That is why when Trump talks about the lack of inflation problems during the first four years, he will slide in qualifiers like “almost” in front of “no”.

What awaits us for the United States? Nothing good, looks. Trump, along with his friend Elon Musk, was dismantling many of the services that people depend on in times of crisis, specifically when the global economy appears to be the brink of collapse. The US Department of Agriculture, for example, was recently canceled 1 billion dollars In spending on banks and food schools. The term this type of move is to target flexibility. We will soon discover whether it has been paid to Trump and his billionaire friends by leaving people desperate to get a job, very hunger to respond, and search for a strong man to save them from the international allies who have just become enemies.