President Trump's trade war sparked panic in Washington as markets suffered their worst day since 2020. Republicans are torn as their support for Trump wanes in light of unexpected economic fallout. While the administration insists tariffs serve as a conclusive measure to renegotiate trade deals, many economists and party members argue it complicates matters further. The anticipated repercussions threaten the party's stability ahead of midterm elections, prompting discussions about the long-term viability of Trump's economic strategies and the erosion of Congressional oversight.
Trump's trade war has led to significant market drops, leaving Republicans worried that his approach could jeopardize their chances in the upcoming elections.
As Trump declares a national emergency to impose tariffs, the normally collaborative relationship between Congress and the presidency experiences a severe breakdown, raising concerns over unchecked presidential power.
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