Washington, Oct 31 (EFE). - The United States Senate approved this Thursday to revoke the global tariffs announced by the Donald Trump Administration against more than a hundred countries in April, in another symbolic action by the upper chamber against the businessman's trade policy. With 51 votes in favor and 47 against, the Senate decided to reject Trump's main trade policy, with the support of Republican lawmakers Rand Paul, Mitch McConnell, Susan Collins, and Lisa Murkowski. The resolution follows two others approved this week—to eliminate tariffs on products from Canada and Brazil, respectively—which also had bipartisan support, highlighting the opposition of a few Republican senators to the aggressive use of tariffs. During the vote, Republican McConnell said that "tariffs make both construction and purchasing in the United States more expensive" and that "the economic harm of trade wars is the rule, not the exception." Like the other two measures approved this same week, the measure will ultimately be a symbolic act, as it now goes to the House of Representatives, where it has very little chance of success given the Republican majority in the chamber. The global tariffs—called "reciprocal" by the Trump Administration—of 10% against more than one hundred nations were activated on April 5 by using an emergency law. Between that date and August, the U.S. collected approximately 88 billion dollars in tax revenue from tariffs, according to U.S. Customs and Border Protection.
US Senate Approves Repeal of Trump's Global Tariffs
The US Senate approved the repeal of global tariffs imposed by the Trump administration. The decision was passed with a narrow majority and is seen as a symbolic action against the former president's trade policy.