Trump, Rand Paul and tariffs
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"Tariffs are a tax on consumers, and I'm not a fan of jacking up taxes on American consumers, so my hope is these tariffs are short-lived, and they serve as leverage to lower tariffs across the globe...
From ABC News
President Donald Trump defends his reciprocal tariffs plan as an 'America first' move.
From Fox News
Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...
From The New York Times
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A libertarian and something of a lone wolf in the Senate, Paul has been raising concerns about what he sees as an overgrowth of executive authority for years.
Sen. Rand Paul warns Republicans that tariffs have brought down the party before - ‘We are richer because of trade with Canada and so is Canada,’ Sen. Paul said
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The Mirror US on MSNRand Paul predicts Trump tariffs will lead to 'political decimation,' says Republicans will lose both the House and SenateRepublican senator Rand Paul says Donald Trump's newest tariffs are political suicide. It comes as the President has even put tariffs on a place that has no humans and only penguins. The Kentucky senator has been outspoken about Trump's reciprocal tariffs and even voted in favor of a resolution to block Trump's tariffs on imports from Canada on Wednesday,
The administration shows no signs of backing down despite offers to negotiate, global market selloffs and a brewing GOP rebellion.
Markets plunged as Wall Street opened on Thursday morning after Donald Trump unveiled his latest wave of tariffs on what the president called “Liberation Day.”Trump’s announcement sent shockwaves through markets around the globe,
The Trump administration is enacting a 25% tariff on imported vehicles, which could drive up car prices by more than $10,000.
President Donald Trump said he had no plans to pause his sweeping tariffs during a meeting with Israeli Prime Minister Benjamin Netanyahu on April 7 and made a major announcement on Iran.