Legislative Action on Trump's Trade Powers Could Go Forward: Brady

Support is likely to increase in Congress for lawmakers to take action relative to the recent trade actions by the Trump administration, according to House Ways & Means Chairman Kevin Brady, R., Texas."As these tariffs continue to ramp up and escalate, I think there will be growing momentum for a legislative response or solution unless the administration frankly tackles three things well," Brady told reporters.Those three goals, he noted, include avoiding a legislative response, but the Trump administration needs to take the first step of laying out a clear timetable for resolving trade issues with China. Second, the Commerce Department needs to fix the "broken" exclusion process put in place to allow companies to appeal for relief from tariffs on steel and aluminum. Finally, Brady said there needs to be a better process for exempting countries from tariffs on steel and aluminum and possibly other goods.The Senate recently passed a largely symbolic motion that instructed lawmakers to recognize Congress' role on trade policy.