Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

Politics

Democrat rep vows to work with Trump on key part of tariff plan: ‘Hoping that I can help’

by admin April 4, 2025
April 4, 2025
Democrat rep vows to work with Trump on key part of tariff plan: ‘Hoping that I can help’

A moderate Democrat is expressing cautious optimism at President Donald Trump’s stance on tariffs in a stark departure from most of his party’s infuriated reaction.

Rep. Jared Golden, D-Maine, pointed out in a lengthy statement that he himself proposed a 10% blanket tariff on U.S. imports earlier this year and said he was happy Trump’s baseline policy was the same– and even publicly pledged to work with Trump on enshrining it in federal law in a subsequent interview with Fox News Digital.

‘What I can say now is I’m pleased the president is building his tariff agenda on the foundation of a universal 10% tariff like the one I proposed in the BUILT USA Act. This ring fence around the American economy is a good start to erasing our unsustainable trade deficits,’ Golden said in his statement.

‘I’m eager to work with the president to fix the broken ‘free trade’ system that made multinational corporations rich but ruined manufacturing communities across the country. But tariffs must be paired with policies that prioritize American families’ prosperity.’

He noted, however, that Trump ‘introduced a number of new tariff policies’ alongside the 10% universal tax, and that he would need time to review the policies in detail before weighing in on them further.

‘We need to make sure that the new approach benefits working people — that means supporting unions, the trades and apprenticeship programs, cutting regulations that hold back production, unleashing American energy and using tariff revenue to support domestic manufacturers that create good-paying jobs for Americans,’ he said.

‘Tariffs are a first step in rewriting a rigged trade system, but they cannot be the last one.’

He told Fox News Digital in a brief interview Thursday that he was open to working with Trump on codifying the 10% tariffs measure in federal law.

‘I’m really glad that he included that in his kind of broader strategy that he rolled out yesterday. And on the reciprocal tariffs, I would assume that he wants flexibility, he probably likes doing that through an executive order,’ Golden said. ‘But I’m of the mind that the 10% global tariff is something that should be part of a longer-term strategy for the U.S. And so, you know, I’m hoping that I can help the president get some members of Congress to support doing that in a bill and maybe put it on his desk.’

‘I think that the president and his team would have to do some heavy lifting to make sure that the House Republicans supported it, but if they didn’t have a lot of defections, you know, could I find some like-minded Democrats for a 10% global tariff? I think so.’

While it’s far from a full embrace of Trump’s tariff plan, Golden’s comments are still more optimistic than those of his fellow Democratic lawmakers.

‘I have always said that when used strategically, tariffs are a critical tool,’ Rep. Debbie Dingell, D-Mich., told Axios. ‘However, the key word is ‘strategically.’ I’m concerned about the chaotic and immediate implementation of these wide-reaching tariffs.’

Meanwhile, Rep. Gregory Meeks, D-N.Y., the top Democrat on the House Foreign Affairs Committee, pledged to force a vote targeting the new national emergency Trump is using to justify the 10% blanket tariff.

‘I’ll soon introduce a privileged resolution to force a vote on ending the made up national emergency Trump is using to justify these taxes. Republicans can’t keep ducking this — it’s time they show whether they support the economic pain Trump is inflicting on their constituents,’ Meeks said in a statement.

Golden has been known to break from his party on several key occasions. 

Maine’s 2nd Congressional District, which he has represented since January 2019, was won by Trump by roughly 10% in 2024.

Trump’s plan involves a 10% blanket tariff on all imports into the U.S., as well as tariffs of up to 50% on both adversaries and allies.

It also introduces some level of reciprocal tariffs on countries that tax U.S. exports, though in most cases, the U.S. rate is lower than the foreign country’s.

‘April 2, 2025, will forever be remembered as the day American industry was reborn. The day America’s destiny was reclaimed. And the day that we began to make America wealthy again,’ Trump said in remarks announcing his plan Wednesday.

This post appeared first on FOX NEWS

previous post
Trump confirms National Security Council firings as Waltz’s Signal chat woes snowball
next post
Trump publicly backs France’s far-right figurehead Le Pen after her conviction

Related Posts

Left loses it over possibility of Musk top...

March 22, 2025

Democratic AGs from 19 states sue Trump admin...

February 8, 2025

Axed government watchdog says Trump was right to...

March 8, 2025

Bernie Sanders compares Trump, Musk and other ‘oligarchs’...

April 15, 2025

Biden’s former spokesman slams Trump and GOP for...

March 21, 2025

Ted Cruz clashes with key Democrat over ‘second...

April 3, 2025

‘Mr. Brexit’ advocates for UK DOGE over ‘complete...

February 13, 2025

Judge restores Trump administration’s buyout offer to federal...

February 13, 2025

Trump signs order instructing DOGE to massively cut...

February 12, 2025

Supreme Court Chief Justice Roberts swoops in to...

April 10, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 2

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 7

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: daytradingreports.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 daytradingreports.com | All Rights Reserved