Senator John Kennedy emphasized that President Trump bears responsibility for the economy following the introduction of sweeping tariffs on imports. Trump’s tariffs, set at a minimum of 10% and higher for select countries, have caused volatility in the markets and raised recession fears. Kennedy noted the uncertain economic implications of these tariffs, labeling them as government interventions without clear predictions from economists. Despite the turmoil, he believes the impact is uncertain and Trump will adjust his strategy if necessary. Ultimately, Kennedy affirmed that it is Trump’s economy now, post-tariff decision.
I have no idea what the impact is gonna be on the American economy or the world economy. I listen to all these economists confidently predict that it's gonna do this or gonna do that.
If it doesn't turn out well, I think the president will recalibrate. There's no question. I think once he decided to add the tariffs, clearly, I mean, he will be held responsible.
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