Trump: Canada has taken advantage of the US on trade for many years

Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes Primaries! Our Trade Deficit has been reduced by 78%, the Dow Jones has just hit 50,000, and the S&P, 7,000, all Numbers that were considered IMPOSSIBLE just one year ago. In addition, TARIFFS have given us Great National Security because the mere mention of the word has Countries agreeing to our strongest wishes. TARIFFS have given us Economic and National Security, and no Republican should be responsible for destroying this privilege. PRESIDENT DONALD J. TRUMP

Trump, Xi Expected To Extend Trade Truce At Beijing Summit - SCMP SCMP: Trump and Xi to extend trade truce at April Beijing summit US and Chinese officials are expected to use an early-April Beijing summit between Presidents Donald Trump and Xi Jinping to extend the bilateral trade truce reached in South Korea last year, according to the South China Morning Post. The report says policymakers are discussing rolling back some tariffs and export controls for up to a year, building on the October Busan understanding that eased a period of escalating tit-for-tat measures. The October truce was struck after months of intensifying trade conflict that included triple-digit retaliatory tariffs and a broad Chinese boycott of US agricultural goods for much of 2025, SCMP reports. Since the reprieve, China has resumed purchases of American soybeans — a politically important US crop — and additional near-term purchase commitments are said to be central to what officials see as a realistic, “bankable” summit outcome. For Washington, deliverables matter. The SCMP report frames the talks as an attempt to stabilise economic ties and deliver short-term wins ahead of the US midterm elections in November, with Trump under pressure to show progress while managing broader strategic tensions. Trump has publicly flagged soybean buying as a potential outcome following a recent call with Xi, aligning with the idea that Beijing may lean on commodity purchases as a relatively low-friction confidence-building tool. Operationally, SCMP says preparations point to an early-April trip, with March 31 cited as an initial arrival date under consideration and a bilateral meeting in the first week of April as part of a visit lasting about three days. If the extension is agreed, markets are likely to read it as a volatility dampener near term — but not a full reset — given the truce appears informal and subject to political timelines on both sides.

MAJORITY OF U.S. HOUSE BACKS RESOLUTION TO END TRUMP’S CANADA TARIFFS; VOTING CONTINUES U.S. HOUSE APPROVES RESOLUTION TO END TRUMP’S CANADA TARIFFS BY 219–211 ... US House passes 219–211 resolution to end Trump’s Canada tariffs (there is a but ...) The U.S. House of Representatives voted 219–211 to pass a resolution seeking to terminate former President Donald Trump’s tariffs on Canada, marking a rare bipartisan rebuke of executive trade authority. The resolution, introduced by Representative Gregory Meeks, aims to end the national emergency declaration that provides the legal basis for the Canada tariffs. Six Republicans joined Democrats in voting yes, while one Democrat opposed the measure. The tariffs were imposed under emergency powers authorities, a legal pathway that allows a president to restrict trade on national security grounds. Critics argue this approach sidelines Congress’s constitutional authority over trade policy and stretches the definition of national emergency. However, the House vote alone does not immediately lift the tariffs. For the resolution to take effect, it must also pass the U.S. Senate. Even if approved there, it would then require presidential signature, or, if vetoed, a two-thirds majority in both chambers to override. Given Republican support for Trump’s trade strategy and the high bar required for a veto override, the resolution faces significant hurdles. Politically, the vote puts members on record ahead of broader trade debates and signals unease among some Republicans about the economic impact of tariffs, particularly on cross-border supply chains and consumer prices. The move could also increase pressure on the Senate to take up the measure, though its path forward remains uncertain. For markets, the vote is more a political signal than an immediate policy shift — but it underscores that congressional scrutiny of executive tariff powers is intensifying.