Donald Trump's recent announcement of significant tariffs on foreign goods has prompted bipartisan backlash from lawmakers concerned about the economic repercussions. Senators from both parties are expressing alarm over the potential impact of these tariffs, which have led to a drop in global stocks and a weakening of the US dollar. Key figures like Chuck Schumer and Cory Booker criticized the tariffs while emphasizing the importance of speaking out against Trump's trade policies. Critics, including Rand Paul, have labeled this action as the most drastic since the 1930s, raising fears of a detrimental trade war.
Senate minority leader Chuck Schumer criticized Trump's tariffs, suggesting a confusing policy with 54% on China, 10% on Iran, and none on Russia.
Cory Booker highlighted the bipartisan effort against Trump's tariffs, underscoring that speaking out leads to action against harmful policies.
Senator Chris Murphy noted that the chaos created by Trump's tariffs was deliberate, indicating a strategic economic disruption.
Senator Rand Paul described Trump's tariffs as the most significant trade action since the 1930s, warning of dire economic consequences akin to the Great Depression.
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