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Senate Rebukes President Trump With Symbolic Resolution Over Tariffs on Canada
Critics argue Trump’s tariffs act as a “hidden tax” on consumers, with Republicans like Senator Susan Collins highlighting risks to local businesses and jobs.
Critics argue Trump’s tariffs act as a “hidden tax” on consumers, with Republicans like Senator Susan Collins highlighting risks to local businesses and jobs.
Major indexes like the S&P 500, Nasdaq-100, and Dow fell sharply, with companies like Nike and Apple losing 6%, and import-reliant retailers like Gap dropping 12%.
A ban could impact 170 million American users, including influencers, businesses, and creators who rely on the platform for income and engagement.
Economists warn the aggressive policy could lead to job losses, higher unemployment, and a potential recession if trading partners retaliate.
The 22nd Amendment, introduced after Franklin D. Roosevelt's four-term presidency, would require a challenging repeal process involving Congress and state ratification.
During his visit, Burns toured war-torn areas like Bucha and Irpin, met with faith leaders, and condemned Russian war crimes, highlighting atrocities such as the forced deportation of 20,000 children and destruction of 700 religious buildings.
The "Dirty 15" nations, including China, the EU, and Mexico, are expected to be primary targets, with specifics on tariff rates and enforcement still unclear.