Bill would increase Congress' power to stop tariffs

    Tariffs (MGN)

    A bipartisan bill, co-sponsored by Senator Deb Fischer, could reign in President Donald Trump's use of tariffs in the name of national security.

    The Trade Security Act would require the Department of Defense to justify the tariffs before they go into effect.

    It would also allow Congress to kill a tariff by passing a motion of disapproval. Currently, they can only do that if the tariff covers oil and petroleum products.

    “While I support modernizing our trade agreements, agriculture producers in Nebraska and across the country continue to face uncertainty as a result of tariffs. Agriculture is the backbone of Nebraska’s economy, and we must make sure our producers and manufacturers have the market access they need to prosper. That’s why I’m pleased to join my colleagues on this bipartisan legislation that maintains the administration’s ability to use trade tools to protect national security while restoring Congress’s oversight role. This legislation would ensure that the Department of Defense justifies the national security need for any tariffs imposed under Section 232,” said Senator Fischer.

    Senator Fischer said other co-sponsors include Senators Rob Portman (R-Ohio), Doug Jones (D-Ala.), Joni Ernst (R-Iowa), Lamar Alexander (R-Tenn.), Dianne Feinstein (D-Calif.), Kyrsten Sinema (D-Ariz.), and Todd Young (R-Ind.).

    She said the bill updates the Trade Expansion Act of 1962.

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