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Posts tagged as “Air Canada Rouge”

Congress Moves to Curb Trump’s Tariff Powers Amid Bipartisan Concerns Over Economic Impact

President Donald Trump's aggressive new tariffs have led to bipartisan concern in Congress, with lawmakers from both parties seeking to limit his tariff powers due to potential economic impacts. The Senate, with a Republican majority, has already voted to overturn tariffs on Canada, and further measures like the proposed Trade Review Act of 2025 aim to establish checks on the president's trade authority. As Congress explores additional strategies to counteract Trump's tariffs, financial markets have reacted with caution, highlighting the uncertainty surrounding U.S. trade policy and the ongoing debate over the balance of power between the executive and legislative branches.