{"id":124436,"date":"2024-11-11T02:16:53","date_gmt":"2024-11-10T19:16:53","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=124436"},"modified":"2024-11-11T02:16:53","modified_gmt":"2024-11-10T19:16:53","slug":"trump-most-likely-needs-60-votes-in-senate-to-enact-tariff-plan-sen-rick-scott-suggests","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=124436","title":{"rendered":"Trump \u2018most likely\u2019 needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108058664\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Chip Somodevilla | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>President-elect <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\">Donald Trump<\/a> <a href=\"https:\/\/www.cnbc.com\/2024\/11\/06\/here-what-president-elect-trumps-tariff-plan-may-mean-for-your-wallet.html\">proposed sweeping new tariffs<\/a> while on the campaign trail. The self-proclaimed &#8220;<a href=\"https:\/\/x.com\/realDonaldTrump\/status\/1069970500535902208\" target=\"_blank\" rel=\"noopener\">Tariff Man<\/a>&#8221; has <a href=\"https:\/\/abcnews.go.com\/Business\/could-trump-impose-tariffs-without-approval-congress\/story?id=113955335\" target=\"_blank\" rel=\"noopener\">said<\/a> he could impose such levies on U.S. imports without Congress&#8217; approval.<\/p>\n<p>There&#8217;s debate among economists and other experts as to whether he could do so.<\/p>\n<p>Sen. <a href=\"https:\/\/www.cnbc.com\/rick-scott\/\">Rick Scott<\/a>, R-Fla. \u2014 one of three lawmakers vying to succeed Sen. <a href=\"https:\/\/www.cnbc.com\/mitch-mcconnell\/\">Mitch McConnell<\/a>, R-KY, as Senate majority leader \u2014 suggested Sunday that Trump would probably need Congress&#8217; help.<\/p>\n<p>&#8220;The tariffs, that most likely is going to require 60 [votes in the Senate] unless there&#8217;s some way we can get that done through reciliation with 51 [votes],&#8221; Scott <a href=\"https:\/\/www.foxnews.com\/video\/6364510273112\" target=\"_blank\" rel=\"noopener\">said<\/a> on Fox News &#8220;Sunday Morning Futures.&#8221;<\/p>\n<p>Reconciliation is a way to pass tax and spending bills with a simple majority in the Senate. It avoids a filibuster, which requires 60 votes to overcome.<\/p>\n<p>Control of the House of Representatives, which would need to pass such legislation, <a href=\"https:\/\/www.nbcnews.com\/politics\/2024-election\/house-senate-election-results-majority-democrats-republicans-congress-rcna176115\" target=\"_blank\" rel=\"noopener\">remains unclear<\/a>.<\/p>\n<p>A tariff is a tax on imported goods that is generally passed along to the consumer. Trump <a href=\"https:\/\/www.cnbc.com\/2024\/09\/11\/trump-trade-policies-will-fuel-freight-rates-consumers-pay-price.html\">has vowed<\/a> across-the-board tariffs of 10% to 20% on all imports arriving into the United States and at least a 60% tariff on Chinese imports.<\/p>\n<p>He&#8217;s proposed others, too, such as a tariff of at least 200% on vehicles from Mexico, and a similar amount on the company <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-10\"><a href=\"https:\/\/www.cnbc.com\/quotes\/DE\/\">Deere &amp; Co.<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> if it were to shift some production from the U.S. to Mexico.<\/p>\n<p>Economic experts dispute whether Trump&#8217;s tariff plan, especially the tax on global imports, can be done via executive action.<\/p>\n<p>Alan Wolff, former deputy director-general of the World Trade Organization, <a href=\"https:\/\/www.piie.com\/blogs\/realtime-economics\/2024\/trump-ii-tariffs-who-said-he-could-do\" target=\"_blank\" rel=\"noopener\">wrote<\/a> in September that &#8220;Trump doesn&#8217;t have the authority to do this.&#8221;<\/p>\n<p>However, Trump could &#8220;assert national security&#8221; or use &#8220;a lot of different things in the law&#8221; to potentially impose across-the-board tariffs, Jason Furman, a Harvard University professor and former chair of the Council of Economic Advisers during the Obama administration, <a href=\"https:\/\/www.youtube.com\/watch?v=zL7X4p8QHo0\" target=\"_blank\" rel=\"noopener\">told<\/a> CNBC.<\/p>\n<p>&#8220;Although,&#8221; he added, &#8220;it would all end up in court.&#8221;<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2024\/11\/10\/trump-most-likely-needs-60-votes-in-senate-to-enact-tariff-plan-sen-rick-scott-suggests.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chip Somodevilla | Getty Images President-elect Donald Trump proposed sweeping new tariffs while on the campaign trail. The self-proclaimed &#8220;Tariff Man&#8221; has said he could impose such levies on U.S. &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=124436\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-124436","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124436"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124436\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}