Republicans in Congress plan to vote against Trump tariff

Published: Jun 5, 2019 16:09

Save

On Tuesday, US President Donald Trump (Donald Trump) announced that with effect from June 10, he would impose a 5 per cent tariff on all imports from Mexico. He also said that if Mexico does not make significant progress in preventing illegal immigrants from entering the United States, tariffs on all Mexican imports will rise to 25 percent on October 1 this year. In response to the tariff increase resolution, Republicans in the US Congress are said to have begun to discuss whether to take some action against Trump's recent protectionist threat. Because it could threaten the relationship between the United States, Mexico and Canada.

SMM6, April 4: according to foreign media reports, US President Donald Trump (Donald Trump) announced on Tuesday that he would impose a 5 per cent tariff on all goods imported from Mexico starting from June 10. He also said that if Mexico does not make significant progress in preventing illegal immigrants from entering the United States, tariffs on all Mexican imports will rise to 25 percent on October 1 this year.

In response to the tariff increase resolution, Republicans in the US Congress are said to have begun to discuss whether to take some action against Trump's recent protectionist threat. Because it could threaten a new trade agreement between the United States, Mexico and Canada.

John Thune, the Senate majority whip, says many lawmakers are concerned about the future direction of the tariff decision.

Republicans are now considering publicly condemning Trump in the form of opposition to the resolution, the Washington Post reported.

In March, the House of Representatives passed a resolution to prevent President Trump from declaring a "state of emergency" along the border between the United States and Mexico, but did not have enough Republican support at the time.

But now that things have changed, there may be enough Republicans against it so that they can have a majority.

(note: if copyright issues are involved, please contact SMM and we will deal with "View the original text" in a timely manner)

"[investment must see] Trade friction news flying all over the metal how to win in chaos?

"Click to enter the registration page

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

The tariff between the United States and Mexico

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

23 mins ago

Full Suspension of Mining, Beneficiation and Tailings Systems at Yinman Mining; Impact on Production of Tin, Silver and Other Metals to Be Assessed

At around 15:30 on July 26, a safety incident occurred during production and construction at the underground Area 3 of Yinman Mining, a wholly-owned subsidiary of Xingye Silver&Tin, resulting in one fatality and no other injuries. On July 28, Xingye Silver&Tin announced for the first time that the underground mining areas of Yinman Mining had been suspended, while the beneficiation plant remained in normal operation. At that time, Yinman Mining had approximately 350,000 mt of surface ore, which was expected to support the beneficiation plant's production for about two and a half months. On July 30, Yinman Mining further received an "On-site Disposition Decision" (Xi) Yingji Xianjue [2026] No. 260 issued by the Xiwu Banner Emergency Management Bureau, requiring the simultaneous suspension of the beneficiation and tailings systems. As of the announcement disclosure, Yinman Mining's mining system, beneficiation and tailings systems had all been suspended. The previous plan to sustain beneficiation production using ore inventory could no longer be implemented, directly impacting mineral product production. Yinman Mining has an existing mining and beneficiation capacity of 1.65 million mt per year and is the core tin-silver mine under Xingye Silver&Tin. Xingye Silver&Tin did not separately disclose Yinman Mining's actual copper metal production in 2025. According to the original project design, Yinman Mining's copper concentrates contain approximately 1,100 mt of copper metal per year; Xingye Silver&Tin's consolidated mine-produced copper output in 2025 was 2,380.89 mt. As Yinman Mining's copper production scale is relatively small, this suspension will have limited impact on China's overall supply of copper concentrates, with the impact expected to be mainly concentrated on products such as tin and silver. Going forward, attention needs to be paid to the progress of accident investigation, tailings system rectification, and production resumption acceptance.

23 mins ago

3 hours ago

China's Secondary Copper Anode Supply Tends to Tighten Further

Due to tight supply of tax-included copper scrap, supply of secondary blister copper and copper anode in China is expected to tighten further in August. In the week from July 24 to July 30, SMM's weekly operating rate of secondary copper anode enterprises in China recorded 54.05%, and is expected to decline by 8.65 percentage points WoW next week to 45.40%. SMM's quotes for blister copper RCs in China currently stand at 600-800 yuan/mt, and copper anode RCs at 450-550 yuan/mt, both having fallen to the lowest levels this year.

3 hours ago

4 hours ago

Off-Season End-User Purchases Weak, Trading Remains Sluggish at High Copper Prices [SMM North China Spot Copper Cathode Weekly Review]

4 hours ago