Ron Johnson Voices Market Concerns Over Trump’s Tariffs
Monday, 3 February 2025, 20:40
Market Concerns About Trump Tariffs
Sen. Ron Johnson (R-Wis.) expressed his alignment with the market's concern regarding President Trump’s recent tariffs. 'I share the market’s concerns... I want free trade around the world,' Johnson stated on Newsmax during the 'Wake Up America' program. He cautioned that prolonged tariffs could harm American companies and consumers.
Recent Developments
- Trump imposed a 25 percent tariff on Mexico and Canada.
- China faces a 10 percent tariff.
- Negotiations with Mexican President Claudia Sheinbaum are ongoing.
Johnson urged leaders to avoid a trajectory that results in perpetual tariffs, which he believes will lead to adverse economic effects.
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