Republican lawmakers expressed their concerns regarding President Trump's newly announced Liberation Day tariffs, highlighting uncertainty about their economic impact. Senator John Kennedy warned that nobody can predict short-term effects, emphasizing the risk to farmers. Meanwhile, Trump confidently proclaimed April 2, 2025, as a pivotal moment for American industry. Kennedy reiterated the sentiment of being in 'uncharted waters', adding that claims of knowing the tariffs' implications are misleading. The contrasting views illustrate the deep divisions within the party about economic strategy and potential consequences for the agricultural sector.
In the long run, we're all dead, Sen. John Kennedy (R-Louisiana) told CNN's chief congressional correspondent Manu Raju. Short run matters too.
Anyone who says there may be a little bit of pain before we get things right, they didn't talk about farmers who are one crop away from bankruptcy.
We're in uncharted waters and we don't know. Anyone who tries to tell you that they know what the short-term impact is going to be is just lying.
April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed.
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