Sen. Cantwell Speaks on the Senate Floor on the Trade Review Act of 2025
๐ค AI Summary
This video features ๐น Senator Cantwell discussing the ๐ Trade Review Act of 2025, emphasizing ๐๏ธ Congressโs crucial role in maintaining a strong ๐ economy.
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๐ Importance of Trade: ๐ฃ๏ธ The Senator highlights the significance of ๐ค trade for ๐จโ๐ฉโ๐งโ๐ฆ American families, ๐ญ manufacturers, ๐งโ๐พ farmers, and ๐ข small businesses. She stresses that a โ๏ธ rules-based trading system is essential for ๐ฎ predictable and ๐ก๏ธ stable trade, promoting ๐ฐ economic growth and ๐ global cooperation.
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โ ๏ธ Concerns about Current Trade Policies: ๐ Cantwell expresses concern over the current approach to ๐ค trade, describing it as ๐ซ outside the ๐ฎ predictable, โ๏ธ rules-based system and potentially a ๐ง misconstruction of statutory authorities. She warns that ๐คช arbitrary policies create ๐ช๏ธ chaos and โ uncertainty, harming ๐ business investment.
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๐ The Trade Review Act of 2025: ๐ค Cantwell, along with ๐ค Senator Grassley, introduces the ๐ Trade Review Act of 2025, aiming to reassert ๐๏ธ Congressโs constitutional duty in ๐ค trade matters. This act, modeled after the โ๏ธ War Powers Act, requires the president to notify ๐๏ธ Congress within โฑ๏ธ 48 hours of imposing or raising ๐ช tariffs, providing ๐ justification and ๐ impact assessments.
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๐ Key Provisions of the Act: The legislation mandates that ๐๏ธ Congress review and โ approve or โ disapprove of ๐ช tariffs, ensuring a ๐ช strong voice for ๐๏ธ Congress in ๐ค trade policy.
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๐ฃ Call to Action: ๐ Cantwell urges ๐๏ธ Congress to reclaim its authority over ๐ค trade policy to ensure ๐ transparency, ๐ consistency, and ๐ฐ benefits for the ๐บ๐ธ American public in a ๐ fast-moving ๐ global economy.