An evenly split U.S. Senate rejected the latest bipartisan bid to block PresidentDonald 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.

The resolution to rein in Trump's tariff authority stalled on a 49-49 tie, with two senators missing the vote.

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.