As stock markets tumble in the aftermath of President Donald Trump’s sweeping tariffs, Republicans in Congress were watching with unease and talking of clawing back their power to levy tariffs — but almost none seemed ready to turn their words into action. The Republican president is upending longstanding GOP principles like support for free trade, yet despite clear misgivings and a Constitutional mandate to decide tariffs, most lawmakers were not ready to cross Trump. Instead, they were focusing all their attention on advancing the president’s ” big, beautiful bill ” of tax breaks and spending cuts, even as tariffs — in essence, import taxes — threatened to raise consumer prices across the board and push the global economy into a recession.
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