đ„ BREAKING: đșđžđšđŠ US House Passes Legislation to End Trumpâs Tariffs on Canada
The Republican-led U.S. House of Representatives **narrowly passed a resolution (219â211) to end President Trumpâs tariffs on Canadian imports**, marking a rare bipartisan rebuke of his trade policy. Six Republicans joined Democrats in backing the measure. îš0îš
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. îš1îš
While the House vote underscores growing bipartisan unease â even within Trumpâs own GOP â the resolution is **unlikely to immediately end the tariffs**. It would need approval by the Senate and Trumpâs signature, or a two-thirds veto override, to become law. The action highlights Congressâs pushback against executive trade authority ahead of a crucial election year. îš2îš
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.
