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voy-2025 Hey Democrats: It’s Time to Rethink Our Stance on Tariffsdata de lançamento:2025-03-26 04:30    tempo visitado:144

Democrats have wasted no time rejecting President Trump’s tariffs as “damaging” and “unnecessary.” My colleagues have lampooned them as “irresponsiblevoy-2025,” “bad economics” and purely a tax on consumers. This anti-tariff absolutism is a mistake.

I’m a Rust Belt Democrat from a swing district in Western Pennsylvania — where lousy trade deals like NAFTA stripped us for parts.

Many of my constituents support smart tariffs, particularly ones that target China, and so do I. Watching my colleagues on the Hill, it’s clear we’re missing the mark. Democrats need to break free from the wrong-for-decades zombie horde of neoliberal economists who think tariffs are always bad.

Mr. Trump’s tariff approach has been chaotic and inconsistent. There’s no doubt about that. But the answer isn’t to condemn tariffs across the board. That risks putting the Democrats even further out of touch with the hard-working people who used to be the lifeblood of the party — people like my constituents.

Instead, Democrats should embrace tariffs as one component of a broader industrial strategy to revitalize American manufacturing and make whole communities that have been hollowed out by decades of bad trade policy. This isn’t just about making the economy work for more Americans; it’s also about earning back the trust and faith of the people we need to win elections and who ought to be at the heart of the Democratic Party.

Even with such an improvisational, loosely defined agenda, he is still leading Ms. Harris on the economy in polls, though his advantage is shrinking in some surveys. Many economists have warned that Mr. Trump’s promises, if turned into concrete policy, could slow growth, raise consumer prices and balloon the federal deficit.

Hours after addressing the United Nations General Assembly,66jogo Melhores Slots no Brasil Mr. Biden appeared at the Bloomberg event and took what amounted to a victory lap. He boasted that the 2022 Inflation Reduction Act, which is plowing more than $370 billion in tax rebates and subsidies into wind and solar energy, batteries and electric vehicles, was the largest climate investment “in the history of the world.”

Since the 1990s, presidents from both parties pushed trade agreements that were great for corporate bosses and their Wall Street overlords, but a disaster for districts like mine. American companies offshored production to take advantage of cheap labor in countries like Mexico, which for decades have crushed independent unions to keep wages rock bottom. Later, firms shifted production to China and Vietnam, which are often called out for employing beggar-thy-neighbor tactics like wage suppression, enormous subsidies and currency manipulation to jack up their exports.

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