
"During a Friday appearance on CNN, former Senator Jeff Flake (R-AZ) deemed President Donald Trump completely out of touch with how Americans feel about the economy, adding that prices really aren't down everywhere, and people know that. Speaking to CNN's Erin Burnett, Flake referenced his recent op-ed in The Washington Post, in which he argued we're starting to see a great GOP migration away from Trump, promising it will only accelerate as we get closer to the midterms."
"The notion that prices are down everywhere. They really aren't. And people know that. The Republican Party and the president seem completely out of touch with where the economy is, particularly the effect of tariffs, Flake continued. Tariffs are inflationary. That is a Republican article of faith. And you'll see a lot of Republicans starting to migrate back to the new, old ground, where we used to reside."
"Unlike previous presidents, Trump has used the International Emergency Economic Powers Act to impose steep tariff hikes, driving duties up to 50% on major partners such as India and Brazil and as high as 145% on Chinese imports earlier this year. In a presser with Hungarian Prime Minister Viktor Orban on Friday at the White House, Trump continued to tout that Walmart's 2025 Thanksgiving meal bundle costs about 25% less than last year, presenting it as proof of affordability."
President Trump is portrayed as disconnected from many Americans' economic experiences. Prices remain high in many places despite claims otherwise, and consumers recognize the discrepancy. Tariff increases imposed under the International Emergency Economic Powers Act have raised duties as much as 50% on partners like India and Brazil and up to 145% on some Chinese imports, contributing to inflation. Republican officials are increasingly shifting away from Trump and may return to earlier policy positions opposing tariffs. A Walmart 2025 Thanksgiving bundle comparison appears misleading because the 2025 package includes fewer items than the 2024 version, raising questions about affordability claims.
Read at www.mediaite.com
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