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Stock impact report

Trump ‘most likely' needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests [CNBC]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: CNBC
There's a debate as to whether Trump can enact such tariffs without Congress. President-elect Donald Trump proposed sweeping new tariffs while on the campaign trail. The self-proclaimed “ Tariff Man ” has said he could impose such levies on U.S. imports without Congress' approval. There's debate among economists and other experts as to whether he could do so. Sen. Rick Scott , R-Fla. — one of three lawmakers vying to succeed Sen. Mitch McConnell , R-KY, as Senate majority leader — suggested Sunday that Trump would probably need Congress' help. “The tariffs, that most likely is going to require 60 [votes in the Senate] unless there's some way we can get that done through reciliation with 51 [votes],” Scott said on Fox News “Sunday Morning Futures.” 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. Control of the House of Representatives, which would need to pass such leg Show less Read more
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