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Legislative bills

Senate to Vote on Legislation to Undo Trump's Trade War with Canada

Strategic Insights

— 2 min read

U.S. Senators have announced their intention to vote on legislation to terminate President Donald Trump's International Emergency Economic Powers Act (IEEPA) tariffs on Canada, citing the negative impact on the economy and the American people. The vote comes after newly released inflation data showed a significant increase in consumer prices, and as exports of U.S. distilled spirits and tourism from Canada to the U.S. have declined drastically since Trump launched his trade war with Canada. The legislation aims to reclaim congressional authority and stop the economic overreach caused by Trump's tariffs.

Key Takeaways:

  • The Senate will vote on legislation to undo President Trump's IEEPA tariffs on Canada, which have led to a decline in U.S. exports of distilled spirits by 85% and a 33.9% decrease in tourism from Canada.
  • The tariffs have increased costs for families and businesses across the country, with a recent survey showing that 43% of American adults oppose applying tariffs to Canada and 52% oppose Trump's Canada tariffs.
  • Public opinion surveys have overwhelmingly demonstrated that the American people do not support Trump's trade wars, with 56.1% of Southwest Virginia's economic output dependent on trade.
  • The legislature aims to reclaim congressional authority and stop the economic overreach caused by Trump's tariffs, which are the largest tax increase on American families in recent history.
  • The legislation is supported by a wide range of organizations, including the AFL-CIO, U.S. Chamber of Commerce, and National Retail Federation.
  • The Senate needs a simple majority of votes to pass the legislation, which would terminate the February 1 emergency declaration used by Trump to launch his trade war with Canada.
  • Cosponsors of the legislation include U.S. Senators Susan Collins, Angus King, Lisa Murkowski, and Bernie Sanders.

Statistics:

  • Exports of U.S. distilled spirits declined by 85% since Trump launched his trade war with Canada.
  • Tourism from Canada to the U.S. fell by 33.9% since Trump's trade war began.
  • 43% of American adults oppose applying tariffs to Canada (Public First survey).
  • 52% of U.S. adults were opposed to Trump's Canada tariffs (Economist/YouGov survey).
  • 15% of Virginia's exports went to Canada in 2024.
  • Top goods exports from Virginia to Canada included motor vehicles and transportation equipment in 2022.
  • 56.1% of Southwest Virginia's economic output is dependent on trade.

Sources:

  • Public First survey
  • Economist/YouGov survey
  • Announcement by U.S. Senators Tim Kaine, Rand Paul, Amy Klobuchar, Mark R. Warner, and Chuck Schumer
  • AFL-CIO
  • U.S. Chamber of Commerce
  • National Retail Federation
  • United Steelworkers (USW)
  • North America's Building Trades Unions (NABTU)
  • Conference of Mayors
  • Public Citizen
  • National Association of Women Owned Businesses (NAWBO)
  • Mainstreet Alliance
  • Small Business Majority
  • National Taxpayers Union
  • American Apparel and Footwear Association
  • The Sheet Metal and Air Conditioning Contractors National Association (SMACNA)
  • Consumer Technology Association
  • Foreign Policy for America
  • Full text of the legislation

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