Inside Trade

November 8, 2025

Senate votes to repeal Trump’s ‘reciprocal’ tariff regime

By David LaRoss  / October 30, 2025 at 3:13 PM
The Senate on Thursday narrowly adopted a resolution to terminate President Trump’s “reciprocal” tariffs on most U.S. trading partners by ending the national emergency he declared in April over U.S. goods trade deficits -- the third time the chamber has voted for a tariff repeal measure this week. Senators voted 51-47 to revoke the emergency declaration for trade deficits, which Trump has used as the basis for a long list of tariffs on specific countries -- and bilateral deals where...

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