During remarks on the Senate floor Tuesday, Senate Minority Leader Chuck Schumer (D-NY) spoke about President Trump backtracking on his China tariffs.
Category
🗞
NewsTranscript
00:00Donald Trump promised that in dealing with China he would not back off without getting
00:04concessions in return.
00:07And then yesterday, Donald Trump did in fact cave to China without getting much in the
00:12way of any concessions.
00:14Sadly, it seems like China has once again gotten the better of Donald Trump.
00:20And that's bad news for American workers, American consumers, American manufacturing.
00:26I've long been clear that going after China is a good thing, going after the Chinese
00:31government when they're unfair on trade is a good thing.
00:34I've been clear that tariffs, when used carefully and as part of a larger strategy, can help
00:40bring nations like those run by the Chinese Communist Party to heel.
00:45But that is not what happened under Donald Trump.
00:50Instead, Donald Trump announced, quote, Liberation Day, pushing us to the brink of recession,
00:56sent markets flailing, sent consumers and small businesses into a panic, all so he could
01:03cave to China without having anything to show for the heartache and the economic detritus.
01:10This has all been another example of Donald Trump's chaos.
01:14Chaos.
01:15That's a watchword, unfortunately, for the way this administration acts.
01:20He has one policy for his tariffs one day, a different policy the next day.
01:25One day he's pretending to play a tough guy with China.
01:29The next, he's caving to China and getting little, if anything, in return.
01:33Who knows what Trump's tariff policy will be in the next 90 days.
01:37No business can count on what he might say or do.
01:40And any promise that he'll stick to his word, stick to his policies, well, the past is prologue.
01:47That never happens.
01:49Donald Trump's announcement with China is cold comfort for consumers and small businesses
01:54alike.
01:55For one reason, we don't know what he will do next.
01:58Good.
02:00ha
02:09.