
Some Republicans are taking steps to oppose President Donald Trump's tariffs as the measure wreaks havoc across global markets.
The latest one to do so is GOP Senator Chuck Grassley, who on Thursday co-sponsored a bill that would require tariffs to be ratified by Congress within 60 days of their imposition. Should that not happen, they would expire.
Grassley introduced the legislation along with Democratic colleague Maria Cantwell, and would also seek for the president to notify Congress 48 hours before any tariffs are imposed.
The notification would also need to include "an explanation of the reasoning for imposing or increasing the duty; and an assessment of the potential impact of imposing or increasing the duty on United States businesses and consumers." Should Congress oppose the tariffs, the bill adds, it will "cease to have force or effect."
The bill comes right after four GOP senators defied Trump and voted along Democratic senators to repeal tariffs levied against Canada. The resolution presented by Democrats within the Senate, led by Sen. Tim Kaine (D-VA), aimed to repeal an emergency declaration enacted by Trump in February to levy tariffs against the U.S. ally, The Hill reported.
Those who voted with Democrats were Susan Collins, Mitch McConnell, Lisa Murkowski and Rand Paul. Their decision catalyzed an angry rant from Donald Trump, who took to his social media platform, Truth Social, to criticize them.
"Mitch McConnell of Kentucky, Susan Collins of Maine, Lisa Murkowski of Alaska, and Rand Paul, also of Kentucky, will hopefully get on the Republican bandwagon, for a change, and fight the Democrats wild and flagrant push to not penalize Canada for the sale, into our Country, of large amounts of Fentanyl, by Tariffing the value of this horrible and deadly drug in order to make it more costly to distribute and buy," the president said.
"They are playing with the lives of the American people, and right into the hands of the Radical Left Democrats and Drug Cartels. The Senate Bill is just a ploy of the Dems to show and expose the weakness of certain Republicans, namely these four, in that it is not going anywhere because the House will never approve it and I, as your President, will never sign it. Why are they allowing Fentanyl to pour into our Country unchecked, and without penalty," he added.
In the meantime, stocks in the U.S. and around the world continue to tank on Thursday as a result of the tariffs .In the U.S. alone almost $2 trillion in value have been wiped out as all major indexes plummet.
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