US Senate Passes Legislation Terminating National Emergency Declaration on Canadian Tariffs

Strategic Insights -

The US Senate passed legislation to terminate President Donald Trump's national emergency declaration on Canadian tariffs, effectively canceling the tariffs imposed under the International Emergency Economic Powers Act. The move comes after a day when the Senate terminated Trump's tariffs on Brazil, passing a similar bill with bipartisan support. The bill, S.J. Res. 77, was sponsored by Senator Tim Kaine and passed with a 50-46 vote, with Republicans Sens. Susan Collins, Mitch McConnell, Lisa Murkowski, and Rand Paul joining their Democratic colleagues in support.

Key Takeaways:

  • The US Senate passed legislation terminating President Trump's national emergency declaration on Canadian tariffs with a 50-46 vote, effectively canceling the tariffs imposed.
  • The bill, S.J. Res. 77, was sponsored by Senator Tim Kaine and passed with bipartisan support from Republicans Sens. Susan Collins, Mitch McConnell, Lisa Murkowski, and Rand Paul.
  • The move is mostly symbolic as it is not expected to be taken up by the Republican-controlled House.
  • The legislation seeks to cancel the declared emergency, under which the tariffs were imposed.
  • The Senate passed a similar bill the previous day to end Trump's tariffs on Brazil.

Key Statistics:

  • 50-46 vote in the US Senate to pass S.J. Res. 77
  • 25% tariffs on Canadian imports imposed by Trump in February under the International Emergency Economic Powers Act
  • 35% tariffs on Canada imposed by Trump in August
  • 10% tariff on Canada imposed by Trump over the weekend

Sources:

  • "US Senate passes bill reversing Trump's Canadian tariffs" by Darryl Coote, UPI, October 30
  • "US Senate terminates Trump's tariffs on Brazil with bipartisan vote" by UPI, October 30