Politico reports that Republican senators Collins and Tillis are poised to follow Rand Paul in joining Democrates in a vote to block blanket tariffs on Canada.

  • Sen. Susan Collins (R-Maine) said Monday that she plans to back the resolution led by Sen. Tim Kaine (D-Va.) that would terminate the national emergency Trump declared last month, citing fentanyl trafficking and illegal immigration. Trump has used that declaration to justify 25 percent across-the-board tariffs on America’s northern neighbor and leading trade partner — duties that Trump has threatened to start levying later this week.

Collins:

  • “Imposing tariffs on Canada, which is our closest neighbor, [a] friendly ally, is a huge mistake and will cause disruption in the economies of both countries,”
  • warned of potential job losses for her state’s key industries

Link here for more:

Check out the linked story, it appears this is only a symbolic loss for Trump, tariffs likely to proceed.

Trump vs Canada beaver
Source: Forex Live