The U.S. Senate has rejected the latest proposal to overturn Trump's tariffs

BlockBeats News, May 1st: The U.S. Senate narrowly rejected a bipartisan bill aimed at blocking Trump's tariffs. Three Republican senators joined the Democrats in supporting the termination of Trump's declared national emergency. Previously, Trump used this emergency to impose a 10% global tariff on U.S. trading partners and higher retaliatory tariffs on 57 trading partners, including the EU.

The vote result of 49-49 failed to achieve the simple majority required to pass the resolution and send it to the House. Oregon Democratic Senator Ron Wyden, who introduced the bill, said before the vote: "The U.S. Senate cannot stand idly by in the face of this tariff madness. Congress has the authority to set tariffs and oversee global trade." (Wall Street CN)