The Senate has passed a resolution that would thwart President Donald Trump’s ability to impose tariffs on Canada.

The Senate voted 51-48 in favor of the Democratic-led resolution as Trump rolled out a sweeping tariff plan. It is unlikely to go anywhere in the House.

Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".

Producers were relieved when President Donald Trump exempted some goods from Canada and Mexico, but said trade with other countries could be hurt.

Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China, Canada, Mexico and the EU.

Rasmussen's daily poll tracker said, as of April 3, Trump's approval rating sits at 49 percent, while 49 percent disapprove of his job performance.

After GOP senators helped pass a measure to revoke Trump's Canada tariffs, talks are underway to force a House vote. Senators also unveiled a bipartisan bill to limit his authority.

The stock market fell after opening on April 3 following President Donald Trump imposing tariffs on dozens of countries.