Democrats dislike the 'chaos' of Trump's trade war but are OK with some tariffs

Experience and theory both show tariffs doomed to fail

Secretary of the Treasury Scott Bessent and Secretary of Commerce Howard Lutnick have both enjoyed highly successful careers in finance. They are not fools nor have they any reason to be sycophants. Both endorsed President Trump’s across-the-board imposition of high tariffs, arguing that they will bring a new prosperity to the U.S. economy. The financial markets have not agreed with them. They immediately went into free fall. Subsequently on Apr…

Democrats: Trump’s trade policy ‘rife’ with opportunities for corruption

The Trump administration’s emerging trade policy is “becoming a corrupt scheme to enrich administration officials and those loyal to them,” nearly 50 House and Senate Democrats warned on Wednesday, demanding that administration officials explain how they will prevent “self-dealing” if they grant tariff exemptions to companies or countries. In an April 16 letter to U.S. Trade Representative Jamieson Greer, Commerce Secretary Howard Lutnick and Tr…

Elizabeth Warren Schools CNBC Host With 1 'Great' Trump Tariff Observation

The senator hit back at Sara Eisen after she asked how the president's policy is "corrupt."

Sen. Warren: Tariff Authority Vote Will Be Crack In The Wall

Liz Warren was describing how Democrats plan to box in Republicans on the tariffs by using a vote on the emergency authority for Trump's tariffs -- which, as she points out, is supposed to be with Congress. "Well, the power he's using is an emergency authority that says specifically Congress, of course, can say, hey, there's no emergency. We're not in an emergency with Belgium. We're not in an emergency with South Korea. Congress can then just r…

'Step it up': Democratic senator put on the spot to get more 'gangster' on Trump

Sen. Elizabeth Warren (D-MA) got some pushback during an appearance on MSNBC's "Morning Joe" for her party's response to the barrage of controversial actions being taken by the Trump administration.During a roundtable discussion with Warren, "Morning Joe" contributor Mike Barnicle pointed out that many of the Trump administration's moves were laid out in the Heritage Foundation's Project 2025 long before he won the 2024 election, and he wondered…

‘This is so bad, so much worse than we thought’: Elizabeth Warren slams Trump on Colbert - The Boston Globe

The Massachusetts senator said on "The Late Show" that the second Trump administration is even worse than she expected.