'What's the president thinking?' Democrat blasts Trump tariffs
Democratic Rep. Brad Schneider, at Wednesday's Ways and Means Committee hearing with U.S. Trade Representative Jamieson Greer, slammed Trump's tariffs as he cited reports of its impacts, including economists increasing their odds of a recession.
"I'm going to say what I think almost everyone is thinking. WTF. What's the president thinking? What did he and you think was going to happen after unilaterally declaring a global trade war? Did you expect the so-called 'Liberation Day' to become liquidation week, destroying more than $10 trillion of value and moving us from an extended bull market into a self-induced bear?" Schneider said.
"Did you intentionally plan to decimate American's retirement accounts and 529 accounts for their kids education? Did you and the president anticipate raising prices for American families already struggling to make ends meet? Did you mean to make American businesses less, not more competitive in global markets?" he continued.