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Reading: Senate Democrat on Trump tariff threats: ‘I believe he is heading towards an actual horror present’
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The Wall Street Publication > Blog > World > Senate Democrat on Trump tariff threats: ‘I believe he is heading towards an actual horror present’
World

Senate Democrat on Trump tariff threats: ‘I believe he is heading towards an actual horror present’

Editorial Board Published November 26, 2024
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Senate Democrat on Trump tariff threats: ‘I believe he is heading towards an actual horror present’
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Sen. Richard Blumenthal (D-Conn.) criticized President-elect Trump’s tariff threats in an interview Tuesday, after Trump mentioned he would impose a steep import tax on Mexico, Canada and China on the primary day of his new administration.

“I think he’s heading toward a real horror show where the consequences can’t be squared with the promises he made,” he added. “For example, slashing government spending at the same time as preserving Medicare and Medicaid.”

On Monday, Trump mentioned he would situation an govt order imposing the contemporary tariffs, after campaigning on a platform of protectionist “America First” insurance policies.

The president-elect mentioned in posts on Fact Social that he would enact 25 p.c tariffs on Canadian and Mexican items, whereas including an additional 10 p.c tariff on Chinese language items. The goal of the tariffs, in accordance with Trump, is to press the nations to extend their efforts on border safety and combating fentanyl exports to the U.S.

“Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” Trump mentioned on Fact Social.

Blumenthal mentioned Tuesday that “when the practical consequences are known to consumers and when they see higher prices of goods, knowing how they feel about inflation,” he believes that “the reaction is going to be hugely negative and I think [Trump’s] gonna have to live with those consequences and be held accountable.”

Blumenthal’s fellow Senate Democrat, Sen. Brian Schatz (Hawaii), instructed reporters on the Capitol on Tuesday that he’s frightened Trump’s tariff plan would trigger People to face increased costs for items.

“Donald Trump has very few policy views over the last 20-30 years. This is the one that he seems to be most enthusiastic about,” Schatz mentioned. “This is, for him, a high principle. So I don’t think there’s any reason to think that he won’t go through with it. Also, the law is pretty clear. He has that authority.”

The Hill has reached out to the Trump transition crew for remark.

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