The White House on April 28 warned that President Donald Trump will veto a Senate resolution that seeks to terminate the administration’s global tariffs.
In a statement of policy, the Office of Management and Budget (OMB) said the Trump administration “strongly opposes” a joint resolution led by Sen. Ron Wyden (D-Ore.), Senate Minority Leader Chuck Schumer (D-N.Y.), and several other Democrats—along with Sen. Rand Paul (R-Ky.)—that would suspend the national emergency order issued by Trump in early April that imposed a broad swath of tariffs.
“This resolution would undermine the administration’s efforts to address the unusual and extraordinary threats to national security and economic stability, posed by the conditions reflected in the large and persistent annual U.S. goods trade deficit,” the OMB memo said….