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Welcome to The Hill’s Business & Economy newsletter
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Business & Economy
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The Big Story
5 GOP senators help pass bill to strike Trump’s Brazil tariffs
The Senate voted 52 to 48 to pass the resolution sponsored by Sens. Tim Kaine (D-Va.) and Rand Paul (R-Ky.) to terminate President Trump’s 50-percent tariffs on Brazilian imports, such as coffee, oil and orange juice.
Republican Sens. Mitch McConnell (Ky.), Thom Tillis (N.C.), Susan Collins (Maine) and Lisa Murkowski (Alaska) voted with Paul and 47 members of the Democratic caucus to pass the resolution.
Paul, speaking on the Senate floor, called the tariff a tax on U.S. consumers.
The Kentucky Republican argued that the Constitution requires that “taxes must originate in the House” of Representatives.
“Yet, these taxes are originating with the White House,” he said.
McConnell, in a statement, said that Trump’s tariffs are hurting Kentucky businesses and farms.
The passage of the measure is largely symbolic, as Speaker Mike Johnson (R-La.) is unlikely to bring it to the House floor for a vote, and Trump would veto it if it ever reached his desk.
Democrats were able to force a vote on the resolution because it is privileged under the Senate’s rules.
Trump slapped the tariffs on Brazil in July, even though the U.S. had accumulated a $6.8 billion trade surplus with the country in 2024 — in contrast with the trade deficits the nation is running with many other trading partners.
House Speaker Mike Johnson (R-La.) on Tuesday dismissed any stand-alone bills seeking to pay federal workers or fund assistance programs during the government shutdown.
Starting Saturday, Supplemental Nutrition Assistance Program (SNAP) benefits for millions are in jeopardy as the impacts of the weeks-long federal government shutdown expand.
Rep. Jason Smith (R-Mo.), the chair of the House Ways and Means Committee, this week expressed opposition to the Trump administration’s proposal to boost Argentine beef imports.
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