THOMPSON RELEASES STATEMENT ON PRESIDENT'S TRADE WAR

Washington – Today, Rep. Mike Thompson (CA-04) released the following statement in response to the President’s new tariffs:  

“Make no mistake: The American people will pay the price for the President’s trade war. The tariffs the President announced today will raise prices on groceries and electronics, cars and homes, and just about every other good on which we rely. 

“Our economy is the envy of the world. In a sweeping move, President Trump is undoing our progress. Thanks to President Trump’s trade war, people will lose their jobs, seniors’ retirement savings will go down, medical costs will go up, and families will struggle to afford basic goods.  

“Yet the President has gone on the record to make his stance clear, stating he ‘couldn’t care less’ if his tariffs raise prices on American families. It’s time Congressional Republicans join Democrats to stand up against the President’s attempt to tank our economy.”