Political Quotes

“I am honored to add my voice to others we have heard already expressing grave concern about President Trump's misguided, mistaken, harmful tariff regime. Actually, it dignifies what the President is doing on tariffs to call it a regime, which implies that there is a strategy and a conceptual consistency and constancy to it. Actually, it seems to be a flurry of announcements, some contradictory and inconsistent, about so-called trade deals. They vary from week-to-week, even day-to-day, with different countries--or the same country. President Trump calls them ``big wins.'' But these so-called victories benefit him alone, not the American people. Let's cut through the bluster and the propaganda. Tariffs are taxes. Tariffs are taxes. The American people are the ones who pay the taxes-- not Donald Trump, and, almost always, not the countries the tariffs are directed against. American families, particularly of lower and middle-income brackets will bear the brunt of these taxes. Whatever the rate, whether it is 15 percent, as the President has just announced against the European Union, or 20 percent against other countries, or 30 percent, these current tariff rates cause the American people to lose. In fact, as a result of these tariffs, the average U.S. household is set to lose $2,400 in annual income.”