(The Guardian) White House says Trump would veto Senate effort to eliminate ‘Liberation Day’ tariffs
Trump this morning threatened a veto of the bipartisan Senate resolution intended to cancel out the emergency powers underpinning his sweeping global “Liberation Day” tariffs, the Daily Caller reports.
The Office of Management and Budget sent a statement of administration policy to congressional offices this morning, vowing a veto and saying the resolution “would undermine the administration’s efforts to address the unusual and extraordinary threats to national security and economic stability, posed by the conditions reflected in the large and persistent annual US goods trade deficit”.
Trump declared a national emergency on 2 April in order to impose tariffs in response to various trade practices including “the large and persistent annual US goods trade deficit”. Congress has the power to force a vote on terminating these emergency powers, subject to a simple majority vote in both chambers.
The Senate is set to vote on the measure as early as this week, led by Democratic senator Ron Wyden and Republican Rand Paul.
dailycaller.com
Trump this morning threatened a veto of the bipartisan Senate resolution intended to cancel out the emergency powers underpinning his sweeping global “Liberation Day” tariffs, the Daily Caller reports.
The Office of Management and Budget sent a statement of administration policy to congressional offices this morning, vowing a veto and saying the resolution “would undermine the administration’s efforts to address the unusual and extraordinary threats to national security and economic stability, posed by the conditions reflected in the large and persistent annual US goods trade deficit”.
Trump declared a national emergency on 2 April in order to impose tariffs in response to various trade practices including “the large and persistent annual US goods trade deficit”. Congress has the power to force a vote on terminating these emergency powers, subject to a simple majority vote in both chambers.
The Senate is set to vote on the measure as early as this week, led by Democratic senator Ron Wyden and Republican Rand Paul.
EXCLUSIVE: White House Says Trump Would Veto Effort To Eliminate ‘Liberation Day’ Tariffs
The Trump administration issued a formal veto threat on Friday afternoon regarding a bipartisan resolution that would terminate Trumps emergency powers.
dailycaller.com
