Business groups, including MWFPA, support a group of bipartisan legislators who have introduced legislation that would limit the President’s ability to institute tariffs on national security grounds without congressional approval.
The legislation, dubbed The Bicameral Congressional Trade Authority Act, was introduced last Wednesday by Sens. Pat Toomey, R-Pa., and Mark Warner, D-Va. The legislation has five additional GOP co-sponsors, three Democratic ones, and the backing of Sen. Angus King, I-Maine. Reps. Mike Gallagher, R-Wis.; Ron Kind, D-Wis.; Jimmy Panetta, D-Calif.; and Darin LaHood, R-Ill., are sponsoring the House version.
Among the 32 business and trade associations supporting the measure are the American Beverage Association, the Can Manufacturers Institute, the Grocery Manufacturers Association, the National Retail Association and the North American Association of Food Equipment Manufacturers.
Read the letter to Congress here.