Your current location is:{Current column} >>Text
U.S. Senators criticize Trump's trade policy, warning it could lead to millions of job losses.
{Current column}49181People have watched
IntroductionU.S. Senators have sharply criticized Trump's policy of imposing tariffs on global trade partne ...

U.S. Senators have sharply criticized Trump's policy of imposing tariffs on global trade partners, warning that this move could result in millions of Americans losing their jobs. A Democratic Senator from Massachusetts stated that Trump's tariff measures might become the most foolish trade war in American history, pushing the U.S. to the brink of economic recession.
She pointed out that every minute Trump's tariffs remain in place, they inflict more damage on the American economy, urging Congress to exercise its power to stop the President from continuing with this policy. She emphasized that these tariff policies not only escalate trade tensions but could also have profound effects on the U.S. labor market and the overall economy.
Despite this, Republican leaders in Congress are currently reluctant to directly challenge Trump's policy, especially after Trump threatened to veto any legislation trying to limit his unilateral tariff-imposing powers, making it difficult for both parties in Congress to form a unified response.
The Senator further stated that Congress must act swiftly to prevent Trump from continuing to pursue these trade policies that could bring disastrous consequences.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
U.S. CPI release: Can gold's correction shift? Market watches inflation.
{Current column}With the conclusion of the US presidential election, market attention towards the "Trump trade& ...
Read moreUnder Trump’s tariff shadow, European central banks launch rate cuts to counter economic pressure.
{Current column}On Thursday, major European central banks announced rate cuts to counter potential economic impacts ...
Read moreECB and BOE signal rate cuts, with data key to policy adjustments.
{Current column}On December 18, the latest statements and economic data from the European Central Bank and the Bank ...
Read more
Popular Articles
- U.S. September CPI beats expectations, may impact Fed policy.
- Fed: December rate cut depends on data; Trump’s election impact limited.
- Putin: Open to normalizing US and EU ties, prioritizing Russia's interests.
- Survey: UK business activity to drop, budget measures hurt hiring and output.
- Rotabit Applies Advanced Network Technology
- Weak dollar and geopolitical risks boost CBOT grains, fund shifts add uncertainty.
Latest articles
-
Personal Analysis of Gold on August 1:
-
South Korea's exports rebound in November, but Trump's trade policies pose future risks.
-
Bitcoin hits $100,000, driven by expectations of Trump's policy boost.
-
U.S. CPI release: Can gold's correction shift? Market watches inflation.
-
FuryTrades asked a $500 “funds release surcharge” that was never disclosed before
-
The U.S. Bureau of Labor Statistics will reclaim outsourced positions after data release errors.