Senate rejects bill to undo Trump's tariffs as US economy shrinks

  • Posted on May 1, 2025
  • By Business News Today
  • 2 Views
Senate rejects bill to undo Trump's tariffs as US economy shrinks

The U.S. Senate blocked a Democratic resolution to overturn President Donald Trumps sweeping global tariffs, with Vice President JD Vance breaking a tie. The vote followed a fresh Commerce Department report showing a 0.3% economic contraction—the first in three years. Critics say Trumps tariff moves are destabilising markets and hurting middle-class families. Some Republicans joined Democrats but stopped short of fully rejecting the policy. The resolution sought to end the national emergency Trump used to justify the tariffs.
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