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Congress can block Trump's tariffs, but Republicans aren't ready to use it

Business Standard LogoBusiness Standard1d ago

Congress can block Trump's tariffs, but Republicans aren't ready to use it - Business Standard

Quick Summary:

As stock markets tumble in the aftermath of President Donald Trump's sweeping tariffs, Republicans in Congress were watching with unease and talking of clawing back their power to levy tariffs but almost none seemed ready to turn their words into action.

The Republican president is upending longstanding GOP principles like support for free trade, yet despite clear misgivings and a Constitutional mandate to decide tariffs, most lawmakers were not ready to cross Trump.

Instead, they were focusing all their attention on advancing the president's" big, beautiful bill of tax breaks and spending cuts, even as tariffs in essence, import taxes threatened to raise consumer prices across the board and push the global economy into a recession.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 08:39:00 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1001 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27595821

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 119 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Congress can block Trump's tariffs, but Republicans aren't ready to use it" was covered 1 days ago by Business Standard, a news publisher based in India.

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It's most recent story was published 8 hours ago.

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  • News ID: #27595821
  • URL: https://chronographically.beamstart.com/news/congress-can-block-trumps-tariffs-17438236528139

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