Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

U.S. media: Trump's tariff policy triggers pressure from Wall Street and within the Republican Party.

Powered by ChatGPT
#Macro
Odaily
578Words
Apr 7, 2025

The Republican Party in the United States acknowledges feeling pressure due to President Trump's tariff policies, and Wall Street donors have also expressed dissatisfaction. Trump insists on not limiting his tariff powers, but Republican donors hope lawmakers can persuade the president, pointing out that tariffs are harming the U.S. economy. Trump expressed dissatisfaction with a bill proposed by Senators Maria Cantwell and Chuck Grassley, threatening to veto it and conveying a message of "don't even think about it" to Republican senators. Senate Republican leader John Thune believes the bill has no future. Although lawmakers did not specifically mention conversations with donors, concerns have increased after three days of turbulence in the U.S. stock market. Texas Senator Ted Cruz publicly criticized the tariff policy, calling it a tax on consumers.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==