US EditionTrump tariffs pose danger for vulnerable Republicans
- President Trump's move to enact reciprocal tariffs sparked widespread concern among lawmakers and economists.
- Trump claims tariffs will correct trade abuses harming the U.S. Economy for decades.
- Stock markets reacted negatively, with the Dow dropping 2,200 points, a 5.5% value decrease.
- Senator Ted Cruz stated, "If U.S. Tariffs and those of other countries remain in place...that will drive up inflation and raise prices for Americans."
- Lawmakers are worried about the potential impact on constituents' investments, pensions, and overall economic stability.
95 Articles
95 Articles
Trade Catastrophe Could Be the Thing That Finally Tears the GOP Apart
Chris Lehmann The fallout from Trump’s tariff plans has pitted the Republican financial elite against MAGA culture warriors in a way that threatens to split the coalition. The post Trade Catastrophe Could Be the Thing That Finally Tears the GOP Apart appeared first on The Nation.
Trump's Two-Front Economic Fight
Trump's tariff blitz takes extending 2017's tax cuts from important to imperative. In addition to the internal threat the economy faces from higher taxes, it now faces an external one from higher tariffs. Confronted with a two-front economic fight, Republicans must win the tax cut battle quickly.
The Virgin Islands Daily News
Even in Alabama, some Republicans worry about Trump’s sweeping agenda
BIRMINGHAM, Ala. (AP) — On a day when stock markets around the world dropped precipitously, Alabama Republican Party Chairman John Wahl led a celebration of the president whose global tariffs sparked the sell-off.
Trump’s tariffs complicate Republicans’ turnout dilemma
ANALYSIS — Tariffs are taking a toll on the stock market, but they could also complicate Republicans’ effort to maintain their majorities on Capitol Hill. While a slumping or failing economy is an obvious political risk for the party in power ahead of an election, there’s more nuance to Republicans’ specific challenge in the upcoming midterms. Republicans have a turnout problem. They are now the party of lower-propensity voters, and there’s no…
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