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Investing.com-- The U.S. Senate on Tuesday voted in favor of a bipartisan bill blocking President Donald Trump’s 50% trade tariffs against Brazil.
Senators voted 52-48 in favor of terminating the national emergency declared by Trump in order to impose his tariffs on Brazil. The bill was backed by all Democrats and five Republicans, including Senator Rand Paul of Kentucky, who was the measure’s co-sponsor.
But the vote was still largely symbolic, given that Republican House leaders have blocked the body from voting against Trump’s tariffs until March.
Tuesday’s vote came just days after Brazil President Luiz Inacio Lula da Silva met Trump on the sidelines of the ASEAN summit in Kuala Lumpur, and expressed confidence in reaching a trade deal.
The Senate vote also comes before two more key resolutions aimed at blocking Trump’s tariffs on Brazil, Canada, and the rest of the globe. Next week, the U.S. Supreme Court will take oral arguments on whether Trump overstepped his authority by declaring a national emergency to carry out his tariff agenda.
Trump had in July announced a 50% tariff on Brazil over what he claimed was unfair legal treatment of former Brazilian President Jair Bolsonaro.
Bolsonaro– a former Trump ally– was sentenced to 27 years in prison over an attempted coup.