Might develop into a race between Senate GOPer’s and ole’ Trump on when the blanket Traiffs/Import taxes ARE pulled Back….
Sen. Maria Cantwell on Sunday said the bipartisan support of an effort to wrestle control over President Donald Trump’s trade powers shows that even Republicans are worried about the ramifications of his sweeping tariffs.
“Well, the first day of introduction, we signed up seven Republicans,” Cantwell (D-Wash.) told host Margaret Brennan on CBS’ “Face the Nation” about the legislation launched by her and Sen. Chuck Grassley (R-Iowa). “So usually you don’t get a first introduction and get so many people on board, but I think it shows the anxiety that people have.”
Update….
President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.”
“When you look at the trade deficit we have with certain countries, with China it’s a trillion dollars,” Trump told reporters traveling with him on Air Force One as he returned from Florida to Washington, D.C., on Sunday evening.
“And we have to solve our trade deficit with China. … Hundreds of billions of dollars a year we lose with China. And unless we solve that problem, I’m not going to make a deal,” Trump continued.
“This is not sustainable,” he said of U.S. trade deficits…
More…
Note….
Lets REMEMBER?
The Economic ‘Experts’ SAY Trump’s figure on the deficit are INCORECT ….
His whole thinking on this is INCORRECT….
People ARE SCREAMING that he’s fucking up and he acts like they are Wrong and his ‘Gut’ Is Right….
He’s playing with TRILLIONS of Dollars in America and Across the Globe….
This isn’t Monopoly money....
It IS REAL…..
Update…
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the economy to collapse while hurting Trump supporters the most.
“Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who have supported the president — in particular low-income consumers who are already under a huge amount of economic stress — are going to be severely negative,” he wrote…
More….
Operative words?
“ But the odds of the legislation passing are vanishingly small.”
Ain’t THAT Sorry?
Well yeah…
But surprising?
No