Home > Quick > Body

Speaker of the US House of Representatives: The House will still give the "green light" to Trump's global tariff plan

clock
2025-04-07 18:57:52
On April 8, according to the US media Politico, Johnson, the speaker of the US House of Representatives, said on Monday that even if some Republican lawmakers publicly implored Trump to negotiate a way to remove the tariffs before they took effect on Wednesday, < b > the House would still provide "space" for Trump to implement his massive global tariff regime . "We'll give him the space he needs to implement his policies and see how things go," Johnson said. The speaker went on to say that Trump was "actively engaged and trying to address" the trade deficit. The opposition within the Republican Party came in the form of bipartisan legislation aimed at taking back Congress' power over tariffs from the president. This follows legislation introduced by Senator Maria Cantwell, Democrat, and Senator Chuck Grassley, Republican of Iowa, to limit the president's power to impose tariffs unilaterally. < b > U.S. Representative Don Bacon (R-Nebraska) plans to introduce a House version of the legislation on Monday. Johnson refused on Monday to publicly commit to bringing the revised Senate budget plan to the House floor for a vote this week, amid strong opposition from a group of fiscal conservatives. However, some senior Republican aides said the current plan is still to hold a final vote on Wednesday afternoon as originally planned.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.