💥 BREAKING: 🇺🇸🇨🇦 US House Passes Legislation to End Trump’s Tariffs on Canada
The Republican-led U.S. House of Representatives **narrowly passed a resolution (219–211) to end President Trump’s tariffs on Canadian imports**, marking a rare bipartisan rebuke of his trade policy. Six Republicans joined Democrats in backing the measure. 0
The resolution aims to **terminate the national emergency declaration Trump used to justify imposing tariffs on Canada**, which reached rates of up to 35% on many goods. The vote reflects increasing congressional concern about the economic impact of tariffs on American consumers and North American supply chains. 1
While the House vote underscores growing bipartisan unease — even within Trump’s own GOP — the resolution is **unlikely to immediately end the tariffs**. It would need approval by the Senate and Trump’s signature, or a two-thirds veto override, to become law. The action highlights Congress’s pushback against executive trade authority ahead of a crucial election year. 2
This development could influence **USD/CAD FX moves, North American equities, and industrial supply chains** as traders digest signs of rising legislative pressure to curb unilateral trade actions. Watch for **Senate debate, presidential response, and tariff costs on consumer prices** as next catalysts.
