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OMB Issues Statement of Administration Policy on Resolution Terminating National Emergency Declared to Impose Global Tariffs
October 31, 2025
WASHINGTON, Oct. 31 -- The White House Office of Management and Budget issued the following statement of administration policy on a joint resolution (S.J.Res. 88) terminating the national emergency declared to impose global tariffs. The resolution was introduced by Sen. Ron Wyden, D-Oregon, and six cosponsors: 

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The Administration strongly opposes S.J. Res. 88, which would terminate the national emergency that President Trump declared on April 2, 2025. The resolut . . .

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