Senate Vote Ends Tariffs
From the Ag Information Network, I’m Bob Larson. In a 51-47 vote, the US Senate voted to end President Trump’s global tariffs sending the measure to the House, while the US Supreme Court may have the final word.
Oregon Democrat Ron Wyden sponsored the joint resolution which the House won’t take up ‘til next March, if then …
WYDEN … “President Trump’s actions clearly go beyond what the law allows, which is why I’m urging passage of this bill to finally end the president’s unlawful tariffs.”
Finance Chair Mike Crapo (CRAY-po) argued the measure, on the heels of the soybean deal with China, would upend Trump’s ongoing efforts to break down trade barriers …
CRAPO … “President Trump is saying these countries need to take down their tariffs and their non-tariff barriers and deal with us in fair and free trade.”
Crapo says long-running trade barriers haven’t been addressed ‘til now …
CRAPO … “It’s no secret that for decades, countries around the globe have raised tariff and non-tariff barriers against Americans and against American businesses and have raised the cost for Americans and American businesses, without response by the United States.”
The Supreme Court will hear arguments in two cases against the Trump tariffs this week to decide IF he has emergency tariff authority under a 1977 law.
