Tag Archives: minorityrepublican

Four Senate Republicans vote with Democrats in effort to end Trump tariffs on Canada

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The Senate passed a resolution aimed at ending President Donald Trump’s tariffs on Canada, with four Republicans joining Democrats to rebuke the administration’s trade policies a day after they voted to terminate tariffs on Brazil. Sens. Rand Paul, Lisa Murkowski, Susan Collins and former Republican Leader Mitch McConnell crossed the aisle to side with Democrats in the 50 to 46 vote. They all previously voted to block the Canada tariffs in April. Continue reading Four Senate Republicans vote with Democrats in effort to end Trump tariffs on Canada→

Cartels stand to capitalize as Mexico eyes big tobacco tax hike

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The Mexican Senate is considering a bill to increase the tobacco tax, arguing that it would improve health by discouraging use and increase the government’s bank account. It could also fill the accounts of some of Mexico’s major cartels. Experts say the cartels have a significant hand in Mexico’s black market for cigarettes and stand to gain an even bigger share from the tax. President Claudia Sheinbaum has called for raising Mexico’s ad valorem tobacco tax from 160% to 200%. The per-cigarette quota tax would nearly double by 2030. The inevitable result would be a bigger black market for cartels to exploit, said. Continue reading Cartels stand to capitalize as Mexico eyes big tobacco tax hike→