Quotes
Tariffs are a tax on consumers, and I’m not a fan of jacking up taxes on American consumers, so my hope is these tariffs are short-lived and they serve as leverage to lower tariffs across the globe,
Cruz concluded
If the result is our trading partners jack up their tariffs and we have high tariffs everywhere, I think that is a bad outcome for America.”
But, he addedTime is going to tell in the next month or two or three what happens if the result of yesterday’s [tariffs] announcement is a lot of our trading partners across the globe dramatically reduce the tariffs they charge on U.S. goods and services and the consequence of that is the U. S. government dramatically cuts the tariffs that were announced yesterday,
Cruz saidI don’t think that would be good economic policy. I am not a fan of tariffs,
the Texas senator told Kudlow, sayingI think it's been a knee-jerk reaction to the president,
the Maine Democrat explained of the more recent furor
Well, I think that they are moving in the wrong direction when it comes to trade."
When asked how his stance on tariffs has been received by fellow House Democrats, Golden saidI think that this debate has been brewing since the '90s, so it's not only about Trump."
He added, howeverWe applaud the Trump administration for stepping up to end the free trade disaster that has devastated working-class communities for decades.”
At the end of March, the labor union issued a press release exulting in new tariffs on imported vehiclesMany UAW local leaders at Ford Motor Co. and General Motors plants around the U.S. told the Free Press they are concerned that the tariff war will disrupt production.”
According to a report in USA TodayIt will take some time for all the positive things to filter into the economy,
Mr. Miran said
If that ends up becoming a big problem, then very likely 2026 is a much more disinflationary environment but not in a positive way,
Mr. Sharif said
What I’d ask folks to appreciate here is we are not going to fix things overnight.”
Appearing earlier in the day on “Fox and Friends,” Vice President JD Vance made a plea for patience, sayingPrices are going to go up, period,
said Martha Gimbel, executive director of the Yale Budget Lab, addingIt shouldn’t be surprising, given the historic scope and speed of the president’s actions, that there are some reactions around financial markets, like what you’re seeing,
he saidThe shock for domestically produced goods is likely to be quite significant,
he saidThat would be a great outcome, that would be good for America,
he said
My answer is very simple if they complain: if you want your tariff rate to be zero then you build your product right here in America because there is no tariff if you build your plant, your product in America,
Trump said in his Rose Garden speech
It is poison that is going to spread across the land,
Wyden said
We will give them the benefit of the doubt and see how it goes,
he told CNNYou take something as simple as a T-shirt,
Draper said