US Senate rejects bill to rein in Trump tariffs as economy contracts

An evenly split U.S. Senate rejected the latest bipartisan bid to block President Donald Trump's tariffs on Wednesday, hours after the federal government reported that the nation's economy contracted for the first time in three years amid the chaos of the president's tariff policies. Three Republicans joined Democrats to support the measure to terminate the national emergency that Trump declared as the basis for 10 percent global tariffs on U.S. trading partners and higher reciprocal tariffs on 57 trading partners including the European Union. But the 49-49 vote fell short of the simple majority needed to pass the resolution and send it on to the House of Representatives. Republican support was down from just weeks ago, when four Senate Republicans joined Democrats to pass a similar bill to terminate new tariffs on Canada. Republicans currently hold a 53-47 majority. "The United States Senate cannot be an idle spectator in the tariff madness. The Congress has the power to set tariffs and regulate global trade," Senator Ron Wyden, an Oregon Democrat who introduced the resolution, said aheWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times