Senators Introduce Resolution to Remove Canadian IEEPA Tariffs
Three senators introduced a resolution that would terminate the emergency that the president declared on the northern border -- which, if successful, would terminate the 25% tariff on most Canadian goods and 10% tariff on energy that President Donald Trump imposed under the International Emergency Economic Powers Act.
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Sens. Tim Kaine and Mark Warner, both Democrats from Virginia, and Sen. Amy Klobuchar, D-Minn., introduced the legislation March 5.
“This Administration is igniting a reckless trade war and regular Americans are paying the price,” Klobuchar said.
Kaine said the first term trade wars were a disaster for Virginia's agricultural and timber exporters.
“Congress must step in before President Trump tanks our economy,” Warner said.
Canada is the top export market for both Virginia and Minnesota.