Connect with us

Hi, what are you looking for?

Latest News

Democrats will press ahead with Senate tariff vote despite U-turn

Despite a partial U-turn, Senate Democrats are vowing to move forward and put their GOP colleagues on the record on President Donald Trump’s latest tariffs.

Sen. Ron Wyden (D-Ore.), a lead author of a resolution that would overturn the basis for Trump’s global levies announced last week, said in an interview Thursday that Democrats still plan on forcing a vote on the measure. Trump on Wednesday put a 90-day pause on most of the tariffs on Wednesday, though he left in place a lower, 10 percent levy and announced severe retaliatory tariffs on China.

“My colleagues are telling me they want to move ahead,” Wyden said Thursday. “It’s the same trade chaos — I don’t know if you’ve seen the [financial market] numbers, but the only thing going up on the index today is volatility.”

Senate Democrats and Sen. Rand Paul (R-Ky.) introduced the resolution earlier this week, and they are expected to force the vote once the Senate returns from a two-week break.

Four Republicans previously joined Democrats in a successful Senate vote to nix Trump’s earlier Canada tariffs. Speaker Mike Johnson moved to block a House vote on that measure and has undertaken a similar move to block a future House vote on the global levies.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    Estonian IoT connectivity provider 1oT is acquiring Dutch competitor CheerIoT’s customer portfolio, significantly expanding its presence. The acquisition will grow 1oT’s customer base by...

    Editor's Pick

    Enterprise IoT spending is projected to grow at a 14% compound annual growth rate (CAGR) through 2030, according to new analysis from IoT Analytics...

    Editor's Pick

    Why are so many manufacturers shifting their focus from reactive fixes to proactive strategies? Simple—downtime is expensive, and outdated maintenance routines are no longer...

    Editor's Pick

    SKYWAVE Connect provides award-winning technology, tools, resources and support to help partners grow their businesses ORBCOMM today announced the launch of the SKYWAVE Connect...