Divided US Senate rejects latest bid to overturn Trump tariffs
- On Wednesday in Washington D.C., the divided U.S. Senate rejected a Democratic resolution to block President Trump's global tariffs by a 49-49 vote.
- The resolution came after Trump announced broad import taxes affecting almost all of the United States' trading partners on April 2, which he later put on hold for 90 days following a market downturn.
- Senators highlighted that Trump's tariffs have raised recession risks, disrupted markets, and increased costs for consumers and businesses while Congressional powers over tariffs remain contested.
- The Commerce Department reported a 0.3% U.S. GDP decline in Q1 2025, the first drop in three years, intensifying debate over tariffs’ economic impact.
- The vote’s failure preserved Trump’s tariff authority, signaling ongoing uncertainty for the economy and continued tensions between the executive branch and Congress.
235 Articles
235 Articles
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