During a Fox News interview, Sen. John Kennedy expressed concerns regarding the economic implications of President Trump's tariffs, particularly the impact on the stock market and consumer spending. Host Harris Faulkner highlighted the worries of Americans with 401(k) plans as China retaliated with a substantial tariff on U.S. goods. Kennedy acknowledged the presidentâs goals of incentivizing businesses to relocate to America but emphasized the uncertainty of the current economic climate, labeling it as "uncharted waters," despite noting the overall health of the U.S. economy.
The president's long-term goal is laudable. I support it. It's not complicated. America is rich. We buy a lot of stuff.
We're in uncharted waters. The stock market matters. And before I talk about it, let me say the economy is fundamentally sound.
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