Congress Needs to 'Intervene' to Spare US From 'Endless' Trade War, Says CTA
President Donald Trump “overstepped his power” to impose tariffs on Chinese goods, “and our nation’s businesses and families are footing the bill,” said CTA President Gary Shapiro Wednesday, urging Congress to “intervene.” With fewer than 40 legislative days left this year, the Senate and House should hold hearings on S-899 and HR-3477, said Shapiro. The bills would raise congressional oversight of the Trump administration’s Trade Act Section 301 tariff actions but have gone nowhere since their introduction (see 1909020001). The legislation would “protect Americans from this seemingly endless trade war,” said Shapiro. “Congress has the power to review and should use its limited time left to investigate the scope and intent of the president’s misguided trade policy.”