U.S. Senate votes to eliminate Trump’s global tariffs
NEW YORK, Oct. 31 (Xinhua) -- U.S. Senate voted 51-47 on Thursday to eliminate the national emergency cited by U.S. President Donald Trump to impose Kenya breaking news | Kenya news today |..
✨ Key Highlights
The U.S. Senate voted 51-47 to eliminate the national emergency cited by President Donald Trump for imposing global tariffs, though this vote is largely symbolic as the U.S. House previously passed legislation blocking such challenges until March.
- The United States has collected about 88 billion U.S. dollars in tax revenue from tariffs through August.
- Four Republicans joined Democrats to vote for ending the national emergency, indicating growing disagreement among lawmakers.
- The U.S. Supreme Court will hear a case on Trump's tariffs on November 5, after two lower courts ruled them illegal.
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US Acts on Tariffs and Argentina's Currency as Russia Warns on LNG Market - October 2025
The U.S. Senate voted 51-47 to eliminate the national emergency cited by President Donald Trump for imposing global tariffs, a vote described as largely symbolic. In a direct economic intervention, the US bought pesos and established a $20 billion currency swap line with Argentina to stabilize the currency and aid President Javier Milei. Meanwhile, Leonid Mikhelson, CEO of Russia's Novatek, stated that excluding Russian liquefied natural gas (LNG) from the global market will inevitably lead to higher gas prices. He noted that Russia contributes over 10 percent of global LNG production, making its removal from the gas balance unrealistic.
