Source: FARM FUTURES, 7/11/18


In an 88-11 vote on Wednesday, the Senate approved a symbolic motion backing a role for Congress in imposing tariffs based on national security, such as those Trump imposed on steel and aluminum imports and is contemplating on autos. The vote came a day after the administration said it would impose a new round of 10% tariffs on $200 billion of Chinese goods as part of a dispute over alleged Chinese theft of U.S. intellectual property. 

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