Senate passes bipartisan legislation challenging US tariffs on imports

The vote came after newly released inflation data showed that consumer prices rose in September at their fastest pace in eight months, and after the Senate voted to pass two separate resolutions led by Kaine to challenge the Trump Administration’s tariffs on goods from Canada and Brazil.

“With the holidays right around the corner, the harm created by these new taxes is only going to get worse. I’m glad the Senate fulfilled its constitutional duty to weigh in on matters of taxation by voting to undo them. If the House fails to take up this legislation, it will show that Republicans are fine with punishing American families and businesses with higher prices, fewer jobs, and slower growth,” said Kaine in an official release.

The National Emergencies Act states that the House of Representatives must vote on this legislation within 18 days.

Specifically, the legislation would terminate the emergency that Trump declared in order to slap tariffs of up to 41 per cent on imported products.

In the wake of Trump’s tariff declaration, costs have increased, manufacturers have laid off thousands of workers and halted domestic investments, and foreign countries have sharply cut purchases of American agricultural exports, the release added.

“From Japan to the European Union, Trump is hell bent on slapping tariffs on our allies to wreck the US economy,” Wyden said.

“Americans across our country are shouldering the cost of these tariffs, which are taxes jacking up the price of groceries, electronics, clothes, strollers, and other everyday goods. It’s way past time for Congress to take back its power over trade so that Trump’s disastrous trade war comes to an end once and for all,” he noted.

ALCHEMPro News Desk (DS)