The Financial Comet
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Financial Comet

Politics

Senate Republicans defect, reject Trump’s tariffs on Canadian goods

by admin October 30, 2025
October 30, 2025
Senate Republicans defect, reject Trump’s tariffs on Canadian goods

A small contingent of Senate Republicans again joined with Senate Democrats to reject President Donald Trump’s tariffs — this time on Canadian goods.

The Senate advanced a resolution from Sen. Tim Kaine, D-Va., on a bipartisan basis to terminate the emergency powers Trump used to declare retaliatory tariffs against Canada earlier this year.

Roughly the same core group of Republicans, Susan Collins of Maine, Rand Paul and Mitch McConnell of Kentucky, and Lisa Murkowski of Alaska, joined Senate Democrats to reject the duties. Sen. Thom Tillis, R-N.C., opted to vote against this latest attempt to reject Trump’s tariffs. 

‘The vice president came up yesterday to try to corral Republicans at their lunch,’ Kaine said before the lunch. ‘That shows the White House is worried about defectors on this.’

Indeed, their votes against Trump’s tariffs on Canada came after Vice President JD Vance warned Republicans that it would be a ‘huge mistake’ to break with the White House on the president’s tariff strategy, and he argued that using duties on countries across the globe offered leverage to generate better trade deals in return.

Paul, one of the co-sponsors of Kaine’s resolution, has consistently rejected Trump’s usage of tariffs and argued that it was a tax on consumers in the U.S. rather than on foreign countries.

He noted that the message it would send to the White House, despite pressure from Vance to support Trump’s duties, was ‘that a rule by emergency is not what the Constitution intended, that taxes are supposed to originate in the House of Representatives.’

The resolution was in response to Trump’s usage of the International Emergency Economic Powers Act in July to impose tariffs on Canadian goods. The tariffs on the country vary, with Trump initially placing 35% duties on the country earlier this year, along with a blanket 50% tariff on steel from other countries.

However, he recently cranked up the tariffs on Canada by 10% following an ad that ran last week that featured former President Ronald Reagan, which used audio from the former president’s 1987 ‘Radio Address to the Nation on Free and Fair Trade.’

Trump railed against the ad, which was run by the government of Ontario, Canada, and declared, ‘ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED,’ in a post on Truth Social.

The latest tariff vote is the second in a trio of resolutions from Kaine and several Senate Democrats. Despite the resolution terminating Trump’s emergency powers on tariffs in Brazil and Canada both advancing in the Senate, they will likely stall in the House.

McConnell staked his position against the tariffs in a statement, where he argued that retaliatory tariffs have negatively affected Kentucky farmers and distillers.

‘Tariffs make both building and buying in America more expensive. The economic harms of trade wars are not the exception to history, but the rule. And no cross-eyed reading of Reagan will reveal otherwise,’ he said. ‘This week, I will vote in favor of resolutions to end emergency tariff authorities.’

This post appeared first on FOX NEWS

previous post
America’s quietest crop is set to take center stage in Trump-Xi talks
next post
America’s quietest crop is set to take center stage in Trump–Xi talks

Related Posts

Federal judge delays unions’ request to block DOGE...

February 15, 2025

House passes Trump’s $9.4B spending cuts package targeting...

June 12, 2025

Maurene Comey sues DOJ for ‘unlawful’ firing, demands...

September 16, 2025

Trump says he’s ‘not happy’ with Putin after...

May 26, 2025

‘Unfit to lead’: Blue state governor lashes out...

February 1, 2025

Rand Paul endorses Trump 3 months after Election...

February 21, 2025

Department of Justice freezes all civil rights division...

January 23, 2025

‘Swiss army knife’: Inside VP Vance’s first 5...

June 27, 2025

Moderate House Dem Jared Golden says Trump was...

June 24, 2025

Trump responds to bizarre weekend rumors of his...

September 3, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

      January 28, 2025
    • 2

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 3

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 27, 2025
    • 4

      UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

      January 27, 2025
    • 5

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Lara Trump to host weekend show on Fox News

      February 7, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thefinancialcomet.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thefinancialcomet.com | All Rights Reserved