Sens. Cantwell, Grassley introduce bill to limit presidential trade powers

Senate Finance Committee members Maria Cantwell (D-WA) and Chuck Grassley (R-IA) have introduced a bill aimed at limiting presidential tariff authorities and boosting congressional oversight of trade policy. The “ Trade Review Act of 2025 ,” introduced on Thursday, would require congressional approval of any new or increased tariffs proposed by the president, excluding trade remedies. Such legislation is needed, the two lawmakers argued, to restore Congress’ constitutional authority over tariffs and trade policy. “This bill reasserts Congress’s role over...