*{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img div{display:none}sub,sup{font-size:75%;line-height:0}#converted-body .list_block ol,#converted-body .list_block ul,.body [class~=x_list_block] ol,.body [class~=x_list_block] ul,u .body .list_block ol,u .body .list_block ul{padding-left:20px} @media (max-width:620px){.desktop_hide table.icons-outer{display:inline-table!important}.image_block div.fullWidth{max-width:100%!important}.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide table{display:table!important;max-height:none!important}.reverse{display:table;width:100%}.reverse .column.first{display:table-footer-group!important}.reverse .column.last{display:table-header-group!important}.row-10 td.column.first .border,.row-12 td.column.first .border,.row-8 td.column.first .border{padding:5px 5px 15px 25px}.row-10 td.column.last .border,.row-12 td.column.last .border,.row-14 td.column.last .border,.row-8 td.column.last .border{padding:5px 20px 25px 5px}.row-14 td.column.first .border{padding:5px 5px 15px 25px;border-bottom:15px solid transparent}}

Business & Economy

Business & Economy

The Big Story

Senate GOP leader warns against undoing tariffs

Senate Majority Leader John Thune (R-S.D.) is warning his party not to join a Democratic-led effort to undo President Trump’s 25-percent tariff on Canadian imports.

© Greg Nash

Thune defended the emergency order as necessary to address the nation’s fentanyl crisis, particularly as the anti-tariff resolution is expected to pick up support from a few GOP senators.

The resolution, which is sponsored by Democratic Sens. Tim Kaine (Va.), Amy Klobuchar (Minn.) and Mark Warner (Va.) would call for undoing Trump’s tariffs on Canadian goods.

It does not have the force of law, but it would be embarrassing to Trump if a significant number of Senate Republicans vote for the measure.

Trump on Tuesday took a swipe at Kaine over the effort and urged Republican senators to defeat the resolution.

“Sen. Tim Kaine, who ran against me with Crooked Hillary in 2016, is trying to halt our critical Tariffs on deadly Fentanyl coming in from Canada. We are making progress to end this terrible Fentanyl Crisis, but Republicans in the Senate MUST vote to keep the National Emergency in place, so we can finish the job, and end the scourge,” the president posted on Truth Social.

The Senate is expected to vote on the legislation later this week.

The Hill's Alex Bolton has more here.

Welcome to The Hill’s Business & Economy newsletter, I'm Aris Folley — covering the intersection of Wall Street and Pennsylvania Avenue.

Did someone forward you this newsletter? Subscribe here.

Essential Reads

Key business and economic news with implications this week and beyond:

GOP rep says ‘tariff is a tax’: ‘No question’

Rep. Pete Sessions (R-Texas) on Monday said a “tariff is a tax,” a day before the Trump administration’s imposition of “Liberation Day” reciprocal tariffs.