#TrumpCanadaTariffsOverturned #TrumpCanadaTariffsOverturned
$XRP #TrumpCanadaTariffsOverturned
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The U.S. House of Representatives voted to repeal President Donald Trump's tariffs on Canada, with six Republican lawmakers joining Democrats in the 219-211 vote. This move is largely symbolic, as the decision still needs to pass through the Senate and be signed by Trump, who has threatened to veto it.
Trump had imposed the tariffs based on national security concerns and fentanyl trafficking, but critics argue that they are a net negative for the U.S. economy, hurting consumers, manufacturers, and farmers. The tariffs have also strained U.S.-Canada relations, as Canada recently agreed to eliminate retaliatory tariffs on American goods.
Key players:
- _Donald Trump_: President of the United States, imposed tariffs on Canada
- _Mark Carney_: Prime Minister of Canada, working to resolve trade tensions
- _Gregory Meeks_: Democratic Congressman, introduced a resolution to repeal the tariffs