Republicans Fear Trump’s Economic War Impact
Published:
2025-04-14 09:06:42
Republican lawmakers are concerned that President Donald Trump’s tariff strategy could politically and economically backfire, potentially jeopardizing the GOP’s prospects in the 2026 midterm elections. Party leaders warn that inflation, higher borrowing costs, suppressed consumer expenditure, and
market instability could undo hard-won electoral gains. Last week, Trump announced a 145% tariff on Chinese imports, prompting Beijing to retaliate with a 125% tariff on American goods. Although Trump temporarily paused trade levies for several other countries for 90 days, claiming they are now on the negotiation table, Republicans are worried about the party’s reputation.
By:
|Square
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