BREAKING: Layoffs Begin Because of Trump's Tariffs as Republican and Democratic Senators try to Stop Them

We have breaking news right now. Layoffs have begun because of Trump's tariffs, and a bipartisan push has emerged on Capitol Hill to require Trump to get Congressional action for any tariffs.

We have breaking news right now. Panic gripped global markets this morning as U.S. stock indexes plummeted in response to the escalating fallout from Donald Trump's controversial tariff policies.

The economic tremors were amplified when auto giant Stellantis announced this morning the temporary layoff of 900 employees and the shuttering of key operations in Canada and Mexico — a move directly linked to retaliatory tariffs and strained cross-border trade relationships.

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On Capitol Hill, Trump’s tariffs have sparked swift action. In a rare show of bipartisanship, Senators Chuck Grassley (R-IA) and Maria Cantwell (D-WA) unveiled new legislation just minutes ago that would require congressional approval for any new tariffs imposed by the executive branch. The bill represents a dramatic shift in congressional posture on trade, long dominated by executive discretion.

This morning’s developments followed a stunning late-night vote in the Senate, where four Republican senators broke ranks and joined all Democrats to pass a resolution formally overturning Trump's tariffs on Canadian imports. The rare bipartisan rebuke marked a significant repudiation of Trump’s unilateral approach to trade — and may signal growing unrest within the GOP over the economic toll of his policies.

The economic fallout is already proving severe. Wall Street opened sharply lower, with the Dow Jones Industrial Average shedding more than 1400 points in early trading. Analysts cited investor anxiety over supply chain instability and fears of a global trade slowdown as key drivers of the selloff.

With today’s dramatic escalation, trade — once a relatively niche issue — is now firmly at the center of national economic and political debate. As the market tumbles and workers face sudden job loss, the pressure is mounting for Washington to chart a more stable course.