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Warren Urges Action Against Trump’s Tariffs
Senator Elizabeth Warren (D-Mass.) is urging her fellow Democrats to take a more proactive stance against President Trump’s tariffs rather than waiting for judicial intervention.
During an appearance on ABC News’s “This Week,” Warren discussed the implications of Trump’s tariff policies and emphasized the importance of congressional action. She has previously called for an investigation by the Securities and Exchange Commission (SEC) to determine if Trump associates capitalized on market fluctuations during the rollout of these tariffs.
“While the courts may eventually intervene, we shouldn’t sit back and wait for that,” Warren stated. “The real question is whether Republicans will join us in this fight.”
In recent statements, Warren has pushed Congress to address Trump’s tariffs directly, highlighting the legislative authority granted to them. She stressed that it is vital for Democrats to rally moderate Republican lawmakers to take a stand.
In the Senate, Democratic leaders are working to push through a resolution aimed at terminating the emergency powers Trump declared, which currently enforce a 10 percent tariff on all imported goods and a staggering 145 percent on goods from China.
“In approximately 15 days, there will be a vote,” Warren said. “Republicans must decide whether their primary role is to align with Donald Trump or to act in the interests of the American public and their economy by reconsidering these tariffs.”
Some Republican lawmakers have expressed support for congressional oversight over tariff implementation. However, they may encounter significant pressure to resist Democratic efforts should a resolution be brought for a vote.
Senator Chuck Grassley (R-Iowa) co-sponsored bipartisan legislation aiming to limit presidential trade authority. He articulated his belief that Congress has granted excessive powers to the executive branch regarding trade decisions.
“Throughout my career in public service, I have advocated for fair trade. The Constitution clearly assigns Congress the responsibility to regulate both interstate and foreign commerce,” Grassley asserted. “I firmly believe that Congress transferred too much authority to the president in the Trade Expansion Act of 1962 and the Trade Act of 1974.”
Additionally, Warren has partnered with Senate Minority Leader Chuck Schumer (D-N.Y.) in demanding that the SEC investigate whether individuals within the Trump administration or close allies benefitted financially from insider knowledge regarding the tariff halts.
Source
thehill.com