An evenly split U.S. Senate rejected the latest bipartisan bid to block President Donald Trump's tariffs on Wednesday, hours after the federal government reported that the nation's economy contracted for the first time in three years amid the chaos of the president's tariff policies.

President Donald Trump narrowly avoided a rebuke from the U.S. Senate on his tariffs due to one Democratic senator's absence. The resolution, defeated with a 49-49 tie on April 30, reflects discontent with Trump's 10% across-the-board tariffs and now-paused "retaliatory" tariffs that rattled Wall Street and contributed to a shrinking GDP as four Republicans joined with all present Democrats in supporting it.

Senate Republicans narrowly voted down a Democratic resolution Wednesday that would have blocked global tariffs announced by Donald Trump earlier this month, giving the president a modest win as lawmakers in both parties have remained skeptical of his trade agenda.