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U.S. Senate Narrowly Rejects Bill to Block Trump's Tariffs

AI Summary

According to BlockBeats, the U.S. Senate narrowly voted against a bipartisan bill aimed at halting tariffs imposed by U.S. President Donald Trump. The vote ended in a 49-49 tie, falling short of the simple majority needed to pass the resolution and advance it to the House of Representatives. Three Republican senators joined Democrats in supporting the termination of the national emergency declared by Trump, which served as the basis for implementing a 10% global tariff on U.S. trade partners and higher reciprocal tariffs on 57 partners, including the European Union.

Oregon Democratic Senator Ron Wyden, who introduced the bill, emphasized before the vote that the Senate should not stand by amid what he described as tariff chaos. He asserted that Congress holds the authority to set tariffs and oversee global trade.