Summary
Senators Chuck Grassley and Maria Cantwell introduced the bipartisan Trade Review Act of 2025 to reassert Congress’s authority over tariffs, following Donald Trump’s sweeping tariff announcements.
The bill would require the president to justify new tariffs and submit an economic impact analysis. Congress must approve tariffs within 60 days or they expire; it could also revoke them anytime.
Grassley’s support signals growing Republican concern over Trump’s trade policies.
The bill echoes the War Powers Act (1973), underscoring fears that unchecked trade actions harm U.S. allies, exports, and consumers.
Buying the dip does not mean to purchase stock anytime number goes down. It means buy when you think something other than market forces are affecting a stock that you believe will make a quick recovery.
We are not in dip territory, we are in recession territory. An old saying is don’t try and catch a falling knife. It’s better to let it hit the floor before picking it back up, and we’re still a ways from hitting the floor.
Valid.