Wyden: Trump’s Blanket Tariffs Are Economic Poison for U.S. Families, Farmers and Small Businesses
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., released the following statement on Donald Trump’s announcement of blanket tariffs on products Americans buy from around the world:
“American families need relief from rising prices and stagnant growth, but instead, Donald Trump—with buy-in from Congressional Republicans—is administering economic poison to our economy,” Wyden said. “Trump’s short-sighted tariff plan won’t rebuild American manufacturing or help working families get ahead. It’s a tax on almost everything families buy, so Trump can give his billionaire friends a tax cut. And after Trump spent months flip-flopping about tariffs, no business, large or small, can make investments based on today’s announcement. There is every chance in the world Trump wakes up in a week and decides to do something else.
“The Republicans’ trade policy amounts to chaos and uncertainty all the way down, and working Americans are the victims. I plan to lead the effort to repeal these mindless blanket tariffs and give working families the relief from high prices that they need.”
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