Senator Ron Wyden introduces bill targeting President Donald Trump’s tariff powers

The measure would seek to curb the president’s broad authority over tariffs, CNBC reported, putting trade powers back at the center of the policy debate.

Summary

Senator Ron Wyden has introduced a bill aimed at reining in President Donald Trump’s broad tariff powers, CNBC reported. The development points to a renewed fight over how much unilateral authority the president should have over trade measures, with tariffs central to U.S. economic and market policy debates.

Terms & Concepts
  • tariffs: Taxes imposed on imported goods.