Lawmakers from both parties and both houses of Congress have launched a long-shot effort at stopping President Donald Trump's global trade war amid the falling stock market and rising fears of a recession.
Bills introduced Tuesday in the House and Senate would terminate the emergency declaration that Trump signed last week and used to impose tariffs on nearly all goods imported into the United States.
"Tariffs are taxes, and the power to tax belongs to Congress—not the president," Sen. Rand Paul (R–Ky.) said in a statement. "Abusing emergency powers to impose blanket tariffs not only drives up costs for American families but also tramples on the Constitution."
