Overview
- President Trump said on Oct. 31 he may remove the remaining 10% of the 20% tariff on China once stronger enforcement by Beijing is confirmed.
- He had already announced a 10% reduction after his Oct. 30 summit with Xi Jinping in Busan, halving the tariff tied to fentanyl concerns.
- The U.S. Senate passed three repeal resolutions Oct. 28–30 targeting the reciprocal tariffs, including measures on Brazil at 40% and Canada at 35%, with some Republican support.
- U.S. media characterized the Senate actions as largely symbolic because the Republican-controlled House is expected to reject them.
- A U.S. Court of Appeals ruled the Trump-era tariffs unlawful under IEEPA, and the administration is moving to appeal to the Supreme Court.