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PAKISTAN ECONOMY

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    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    Pakistan prepares for $1.3bn Eurobond repayment as IMF review mission set to arrive

    IMF Third Review Talks to Start Monday in Islamabad, Says Aurangzeb

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Government Promises IMF New Public Procurement Rules by June

    Government Promises IMF New Public Procurement Rules by June

  • Business & Finance
    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Ufone, Zong deposit $30m for 5G auction as March 10 bidding date nears

    Ufone, Zong deposit $30m for 5G auction as March 10 bidding date nears

    CCP approves acquisition of First Women Bank Limited by Eve Holdings

    CCP approves acquisition of First Women Bank Limited by Eve Holdings

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    Gold hits 3-week peak after US tariff ruling fuels market uncertainty

    Gold hits 3-week peak after US tariff ruling fuels market uncertainty

    US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs

    US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs

    Faysal Bank Reports Rs22.5bn Profit for 2025

    Faysal Bank Reports Rs22.5bn Profit for 2025

    FDI Drops 51% YoY to $694 Million in July–January FY26: SBP

    FDI Drops 51% YoY to $694 Million in July–January FY26: SBP

  • Fintech
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    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Pakistan prepares for $1.3bn Eurobond repayment as IMF review mission set to arrive

    IMF Third Review Talks to Start Monday in Islamabad, Says Aurangzeb

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Dalian iron ore drops as China trading resumes after Lunar New Year

    Dalian iron ore drops as China trading resumes after Lunar New Year

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

    Oil declined 1% as Iran talks and US tariff moves weigh on outlook

    China is making ‘full assessment’ of US Supreme Court tariff ruling, commerce ministry says

    China is making ‘full assessment’ of US Supreme Court tariff ruling, commerce ministry says

    China tops Germany’s trade in 2025 on stronger bilateral flows

    China tops Germany’s trade in 2025 on stronger bilateral flows

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

  • Pakistan
    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    Government Promises IMF New Public Procurement Rules by June

    Government Promises IMF New Public Procurement Rules by June

    Pakistan Targets First 200MW Power Deal Under Wheeling Auction by June

    Pakistan Targets First 200MW Power Deal Under Wheeling Auction by June

    Qatar Reaffirms Commitment to Strengthen Trade and Investment Ties with Pakistan

    Qatar Reaffirms Commitment to Strengthen Trade and Investment Ties with Pakistan

    PSX Extends Losses Amid US Tariff Concerns and Geopolitical Tensions

    PSX Extends Losses Amid US Tariff Concerns and Geopolitical Tensions

    Export stagnation draws NA scrutiny; briefings sought from key ministries and SBP

    Export stagnation draws NA scrutiny; briefings sought from key ministries and SBP

    SBP buys $11.4bn from domestic FX market over 18 months

    SBP buys $11.4bn from domestic FX market over 18 months

    OGDCL profit falls 11% in 1HFY26 on weaker sales

    OGDCL profit falls 11% in 1HFY26 on weaker sales

    Aurangzeb, Lutnick Discuss Expanding Pakistan-US Trade, Investment in Key Sectors

    Aurangzeb, Lutnick Discuss Expanding Pakistan-US Trade, Investment in Key Sectors

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  • Home
  • Latest
    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    Pakistan prepares for $1.3bn Eurobond repayment as IMF review mission set to arrive

    IMF Third Review Talks to Start Monday in Islamabad, Says Aurangzeb

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Government Promises IMF New Public Procurement Rules by June

    Government Promises IMF New Public Procurement Rules by June

  • Business & Finance
    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    UAE to Extend $2bn Deposit Rollover for Longer Term, Says Dar

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Industrialists Warn Proposed TOR Amendments Could Undermine Trade Bodies

    Ufone, Zong deposit $30m for 5G auction as March 10 bidding date nears

    Ufone, Zong deposit $30m for 5G auction as March 10 bidding date nears

    CCP approves acquisition of First Women Bank Limited by Eve Holdings

    CCP approves acquisition of First Women Bank Limited by Eve Holdings

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    Gold hits 3-week peak after US tariff ruling fuels market uncertainty

    Gold hits 3-week peak after US tariff ruling fuels market uncertainty

    US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs

    US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs

    Faysal Bank Reports Rs22.5bn Profit for 2025

    Faysal Bank Reports Rs22.5bn Profit for 2025

    FDI Drops 51% YoY to $694 Million in July–January FY26: SBP

    FDI Drops 51% YoY to $694 Million in July–January FY26: SBP

  • Fintech
  • Opinion
    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Pakistan prepares for $1.3bn Eurobond repayment as IMF review mission set to arrive

    IMF Third Review Talks to Start Monday in Islamabad, Says Aurangzeb

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Aurangzeb Calls for Enhanced Federal Oversight as World Bank Reiterates Support for Reform Agenda

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Oil Prices Near Seven-Month High Amid US-Iran Tensions

    Dalian iron ore drops as China trading resumes after Lunar New Year

    Dalian iron ore drops as China trading resumes after Lunar New Year

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    PM Shehbaz to Visit Qatar to Strengthen Economic and Bilateral Cooperation

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

    Oil declined 1% as Iran talks and US tariff moves weigh on outlook

    China is making ‘full assessment’ of US Supreme Court tariff ruling, commerce ministry says

    China is making ‘full assessment’ of US Supreme Court tariff ruling, commerce ministry says

    China tops Germany’s trade in 2025 on stronger bilateral flows

    China tops Germany’s trade in 2025 on stronger bilateral flows

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

    Oil Prices Edge Up as Markets Monitor US-Iran Talks

  • Pakistan
    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    PM Shehbaz Signals Across-the-Board Cut in Direct Taxes in Upcoming Budget

    Government Promises IMF New Public Procurement Rules by June

    Government Promises IMF New Public Procurement Rules by June

    Pakistan Targets First 200MW Power Deal Under Wheeling Auction by June

    Pakistan Targets First 200MW Power Deal Under Wheeling Auction by June

    Qatar Reaffirms Commitment to Strengthen Trade and Investment Ties with Pakistan

    Qatar Reaffirms Commitment to Strengthen Trade and Investment Ties with Pakistan

    PSX Extends Losses Amid US Tariff Concerns and Geopolitical Tensions

    PSX Extends Losses Amid US Tariff Concerns and Geopolitical Tensions

    Export stagnation draws NA scrutiny; briefings sought from key ministries and SBP

    Export stagnation draws NA scrutiny; briefings sought from key ministries and SBP

    SBP buys $11.4bn from domestic FX market over 18 months

    SBP buys $11.4bn from domestic FX market over 18 months

    OGDCL profit falls 11% in 1HFY26 on weaker sales

    OGDCL profit falls 11% in 1HFY26 on weaker sales

    Aurangzeb, Lutnick Discuss Expanding Pakistan-US Trade, Investment in Key Sectors

    Aurangzeb, Lutnick Discuss Expanding Pakistan-US Trade, Investment in Key Sectors

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US House votes to overturn Trump’s Canada tariffs

News Desk by News Desk
February 12, 2026
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US House votes to overturn Trump’s Canada tariffs
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ISTANBUL: The US House of Representatives voted Wednesday to overturn President Donald Trump’s tariffs on Canada after six Republicans joined nearly all Democrats in opposing a key element of his trade agenda.

The House voted 219–211 to pass the Democratic-backed measure. The resolution is largely symbolic, however, as it could be vetoed by the president if it passes in the Senate, and it did not secure a veto-proof majority in the House.

The Senate voted twice last year to block Trump from imposing tariffs on Canada, with four Republicans joining Democrats to pass the measures. Its passage followed a vote Tuesday in which Republican Reps. Kevin Kiley of California, Thomas Massie of Kentucky and Don Bacon of Nebraska joined Democrats to defeat a procedural measure that would have prevented lawmakers from moving to overturn the president’s broad tariffs through July.

For months, House Republican leaders had blocked efforts to force votes on Trump’s tariff authority, but the restriction on challenging the levies expired in January.

Dan Newhouse of Washington, Brian Fitzpatrick of Pennsylvania and Jeff Hurd of Colorado along with Kiley, Massie and Bacon broke with the president in Wednesday’s vote, a move that could carry political implications ahead of the November midterm elections. Later, in a post on his Truth Social platform, Trump threatened lawmakers who voted against tariffs, saying they will “seriously suffer the consequences come Election time.”

“Our Trade Deficit has been reduced by 78%, the Dow Jones has just hit 50,000, and the S&P, 7,000, all Numbers that were considered IMPOSSIBLE just one year ago.

In addition, TARIFFS have given us Great National Security because the mere mention of the word has Countries agreeing to our strongest wishes,” he said.”TARIFFS have given us Economic and National Security, and no Republican should be responsible for destroying this privilege,” he added.

In another post, Trump said that Canada “has taken advantage of the United States on Trade for many years.””They are among the worst in the World to deal with, especially as it relates to our Northern Border. TARIFFS make a WIN for us, EASY. Republicans must keep it that way!”

Tags: CanadaTariffsUSA
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