US Senate votes to terminate the national emergency Trump is using for Canada tariffs


content provided with permission by FXStreetRead full post at forexlive.com

more to come

The U.S. Senate voted 50–46 on Thursday to end the national emergency declaration President Trump has used to impose tariffs on Canada, marking the second congressional rebuke of his trade policies in as many days.

Four Republican senators:

  • Susan Collins,
  • Mitch McConnell,
  • Lisa Murkowski,
  • and Rand Paul

joined Democrats in supporting the resolution to terminate the emergency.

The move follows a similar vote Wednesday challenging Trump’s tariffs on Brazil, underscoring growing bipartisan resistance to the administration’s use of emergency powers for trade actions.

Be careful if you are relying on this news hitting the wires now. These votes by the Senate will have zero effec:

  • it is unlikely (like, 99.9% unlikely) to be taken up in the Republican-controlled House

This article was written by Eamonn Sheridan at investinglive.com.

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