US Democrats prepare bill to repeal Trump tariffs and end war with Iran

US Democrats prepare bill to repeal Trump tariffs and end war with Iran
US Democrats prepare bill to repeal Trump tariffs and end war with Iran

Democrats in the US House of Representatives intend to approve a document that provides for the full repeal of the tariffs introduced by the Donald Trump administration, as well as ending the war with Iran.

Democratic leader's initiative

Hakeem Jeffries, who leads the Democratic caucus in the lower chamber of Congress, announced the legislators' intentions. The politician characterised the current war as a "reckless war of choice" and called on the US administration to immediately cease hostilities.

Market reaction

Against the backdrop of these reports, the price of Brent crude oil fell by 9%.

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