Senate against Trump’s tariffs: why the decision may remain only symbolic
31 October 03:33
On Thursday, U.S. senators voted in favor of a bipartisan resolution demanding that the Trump administration cancel the president’s increased tariff duties on goods from U.S. allies the European Union, Japan, and South Korea. This was reported by The Hill, according to "Komersant Ukrainian"
This was the third vote this week after the adoption of two resolutions to cancel tariffs on imports from Canada and Brazil.
Four Republican senators joined Democrats in supporting the bipartisan resolution, which eliminates high tariffs on US allies such as the European Union, Japan, and South Korea.
However, the House of Representatives is unlikely to put the document to a vote, so the Senate’s decision is still more political than practical. Speaker Mike Johnson is unlikely to bring the bill to the House floor.
What happened before
The day before, Trump announced the reduction of tariffs on Chinese goods after a “really great” meeting with Chinese President Xi Jinping in South Korea.
According to the president, the duties imposed due to the fentanyl problem will be reduced by 10 points. At the same time, Xi allegedly agreed to buy “huge volumes of soybeans and other agricultural products” from the United States.
Why this is important
The Senate’s decision signals growing dissatisfaction, even among Republicans, with Trump’s trade policy, which is creating tensions between the United States and its partners.
However, due to the Republican control of the House of Representatives, the resolutions are unlikely to become law. Even with the support of both parties, they may remain just a statement of political position without any real impact on tariff policy.
