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Senate Republicans express relief after Trump pauses tariff plans

Senate Republicans express relief after Trump pauses tariff plans
How can anybody be upset? President Donald Trump abruptly pressing pause on the reciprocal tariffs he placed on most nations just hours after they took effect Wednesday. We had to take the medicine. to go through the operation and that's what we've been through and *** lot of presidents would not have done it. No president would have done it, but it had to be done. The Trump administration says the 90 day delay will allow for negotiations, claiming more than 75 countries have reached out to the administration to talk. But at the same time, the president is keeping his 10% tariffs on nearly all global imports and is increasing tariffs on China to 125. We have *** tremendous amount of spirit from other countries, including China. China wants to make *** deal. They just don't know how to go about it. This all comes after more countries vowed to retaliate, the European Union promising to impose new tariffs on $23 billion worth of American goods, and China hitting back with an 84% tax on US goods after the president followed through with additional tariffs on. imports. We'll see *** lot of small businesses suffer and small business businesses make up *** majority of the businesses in the US. Some economists have said there's *** good chance the US will be in *** recession if there are high tariff rates through the end of the year. The head of JPMorgan Chase also asked about the odds ahead of the president's pause on Fox Business Network's Mornings with Maria. Do you personally expect *** recession? I am going to defer to my economist at this point, but I think probably that's *** likely outcome. The president says the countries who haven't retaliated will see this pause. China's retaliatory tariffs on the US go into effect on Thursday. Reporting from the White House, I'm Caitlin Norwood.
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Senate Republicans express relief after Trump pauses tariff plans
As news that President Donald Trump was backing down on most of his tariffs reached a luncheon of Senate Republicans Wednesday, the room reacted with relief, cheers and smiles.It capped an extraordinary 24 hours in Washington in which GOP senators had increasingly confronted the Trump administration with worries about the economic impacts of the president's sweeping tariff strategy. In Senate hearings and interviews with reporters, GOP skepticism of Trump's policies had run unusually high, amounting to a rare break with a president they have otherwise championed.Lawmakers had reason to worry: the stock market had been in a volatile tumble for days, and economists were warning that the plans could lead to a recession.As Republicans heard from businesses back home worried about the president's plans and navigated the political ramifications of crossing Trump, they engaged in a delicate two-step of urging the president to engage in negotiations and warning of the economic fallout of long-term tariffs, then shifting to praise for the president鈥檚 economic vision.That strategy seemed to pay off Wednesday afternoon when Sen. Roger Marshall broke the news to the roomful of fellow Republicans that Trump would back down on tariffs on most nations except China for 90 days.鈥淚t really lightened up the lunch discussion,鈥� said Sen. Mike Rounds, a South Dakota Republican, adding that there were cheers, clapping and 鈥渁 lot of smiles.鈥漇en. Ron Johnson, R-Wisc., said he was relieved by the announcement and 鈥渨e all would rather see the market rise than fall.鈥滼ust a day before, Republican senators had presented their concerns in stark terms to the Trump administration, even as they were careful to direct any criticism at the president's aides and advisors rather than the president himself."Whose throat do I get to choke if this proves to be wrong?鈥� Republican Sen. Thom Tillis asked U.S. Trade Representative Jamieson Greer in a Tuesday Senate hearing.Tillis was pressing for an answer on which Trump aide to hold accountable if there is an economic downturn. His frustration was aimed at the across-the-board tariff strategy that would have potentially hamstrung U.S. manufacturers, who are dependent on materials like aluminum and steel from China. His home state of North Carolina, where he is up for reelection next year, has attracted thousands of foreign firms looking to invest in the state's manufacturing industries.Still, Tillis cautioned that the announcement 鈥渄oesn鈥檛 do much for certainty.鈥� He said that the 90 day pause may calm the market, but he wouldn鈥檛 recommend to a CEO to deploy capital right now 鈥渨hen you don鈥檛 know what the long term cost is going to be and the tax environment.鈥漈he unpredictability of Trump's strategy was on full display Wednesday, as even Greer seemed to have no clue that the announcement was coming as he testified in the House Ways and Means Committee. Greer, who had told senators the day before that negotiations would take some time, had to adapt his message in real time."I feel like you鈥檙e in a very bad position here, this whole idea that this president made this switcheroo on you while you were in the middle of testifying here today,鈥� said Rep. Tom Suozzi, D-N.Y.Democrats pointed to the dizzying changes as a sign of Trump's capriciousness.鈥淭his is government by chaos,鈥� said Senate Democratic Leader Chuck Schumer at a news conference. 鈥淗e keeps changing things from day to day. His advisors are fighting among themselves, calling each other names, and you cannot run a country with such chaos."But for Republicans, it was just Trump being Trump.Sen. Kevin Cramer, a North Dakota Republican who is close with the president, argued that the unpredictability was a way of gaining 鈥渓everage鈥� in the negotiations.鈥淭his is the way he鈥檚 always been,鈥� Cramer added. 鈥淗e even allows his own administration to have different views and have their own spats, and to do it publicly, because he follows all of that and he stays focused and watches the response from both his public and the world.鈥漎et Trump's pause only came after considerable urging from within his own party.GOP senators, including in a group interview with Fox News Channel host Sean Hannity on Tuesday night, had voiced hopes Trump would act quickly in hopes of ending the economic tumult. Sen. John Kennedy, R-La., said Trump is like the 鈥減it bull who caught the car鈥� as other countries offer trade deals with the U.S. He added: 鈥淚 hope he takes the deal.鈥漈rump was also facing Republican lawmakers looking for ways to claw back their power over tariffs, which has been almost completely handed over to the president in recent decades through legislation.Sen. Chuck Grassley, a senior Republican, has introduced a bipartisan bill to give Congress the power to review and approve new tariffs, and Republican members in the House were also working to gain support for a similar bill.Trump on Tuesday night had said anyone who backed the legislation was a 鈥渞ebel Republican鈥� who 鈥渨ants to grandstand.鈥濃淟et me tell you, you don鈥檛 negotiate like I negotiate. Congress takes over negotiating, sell America fast because you鈥檙e going to go busted,鈥� the president added.Republican leaders in Congress, as well as a sizable chunk of lawmakers, had emphasized that Trump needs time to implement his strategy. They've mostly rejected the idea of putting a check on Trump's tariff power.鈥淚 think people, by and large, accept the fact that the president campaigned on this and he deserves the opportunity to see what he can get done,鈥� Thune told The Associated Press.But he added that the pause 鈥渟hows too the president鈥檚 responding to the feedback that he鈥檚 given.鈥漘__Associated Press writer Mary Clare Jalonick contributed.

As news that President Donald Trump was backing down on most of his tariffs reached a luncheon of Senate Republicans Wednesday, the room reacted with relief, cheers and smiles.

It capped an extraordinary 24 hours in Washington in which GOP senators had increasingly confronted the Trump administration with worries about the economic impacts of the president's sweeping tariff strategy. In Senate hearings and interviews with reporters, GOP skepticism of Trump's policies had run unusually high, amounting to a rare break with a president they have otherwise championed.

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Lawmakers had reason to worry: the stock market had been in a volatile tumble for days, and economists were warning that the plans could lead to a recession.

As Republicans heard from businesses back home worried about the president's plans and navigated the political ramifications of crossing Trump, they engaged in a delicate two-step of urging the president to engage in negotiations and warning of the economic fallout of long-term tariffs, then shifting to praise for the president鈥檚 economic vision.

That strategy seemed to pay off Wednesday afternoon when Sen. Roger Marshall broke the news to the roomful of fellow Republicans that Trump would back down on tariffs on most nations except China for 90 days.

鈥淚t really lightened up the lunch discussion,鈥� said Sen. Mike Rounds, a South Dakota Republican, adding that there were cheers, clapping and 鈥渁 lot of smiles.鈥�

Sen. Ron Johnson, R-Wisc., said he was relieved by the announcement and 鈥渨e all would rather see the market rise than fall.鈥�

Just a day before, Republican senators had presented their concerns in stark terms to the Trump administration, even as they were careful to direct any criticism at the president's aides and advisors rather than the president himself.

"Whose throat do I get to choke if this proves to be wrong?鈥� Republican Sen. Thom Tillis asked U.S. Trade Representative Jamieson Greer in a Tuesday Senate hearing.

Tillis was pressing for an answer on which Trump aide to hold accountable if there is an economic downturn. His frustration was aimed at the across-the-board tariff strategy that would have potentially hamstrung U.S. manufacturers, who are dependent on materials like aluminum and steel from China. His home state of North Carolina, where he is up for reelection next year, has attracted thousands of foreign firms looking to invest in the state's manufacturing industries.

Still, Tillis cautioned that the announcement 鈥渄oesn鈥檛 do much for certainty.鈥� He said that the 90 day pause may calm the market, but he wouldn鈥檛 recommend to a CEO to deploy capital right now 鈥渨hen you don鈥檛 know what the long term cost is going to be and the tax environment.鈥�

The unpredictability of Trump's strategy was on full display Wednesday, as even Greer seemed to have no clue that the announcement was coming as he testified in the House Ways and Means Committee. Greer, who had told senators the day before that negotiations would take some time, had to adapt his message in real time.

"I feel like you鈥檙e in a very bad position here, this whole idea that this president made this switcheroo on you while you were in the middle of testifying here today,鈥� said Rep. Tom Suozzi, D-N.Y.

Democrats pointed to the dizzying changes as a sign of Trump's capriciousness.

鈥淭his is government by chaos,鈥� said Senate Democratic Leader Chuck Schumer at a news conference. 鈥淗e keeps changing things from day to day. His advisors are fighting among themselves, calling each other names, and you cannot run a country with such chaos."

But for Republicans, it was just Trump being Trump.

Sen. Kevin Cramer, a North Dakota Republican who is close with the president, argued that the unpredictability was a way of gaining 鈥渓everage鈥� in the negotiations.

鈥淭his is the way he鈥檚 always been,鈥� Cramer added. 鈥淗e even allows his own administration to have different views and have their own spats, and to do it publicly, because he follows all of that and he stays focused and watches the response from both his public and the world.鈥�

Yet Trump's pause only came after considerable urging from within his own party.

GOP senators, including in a group interview with Fox News Channel host Sean Hannity on Tuesday night, had voiced hopes Trump would act quickly in hopes of ending the economic tumult. Sen. John Kennedy, R-La., said Trump is like the 鈥減it bull who caught the car鈥� as other countries offer trade deals with the U.S. He added: 鈥淚 hope he takes the deal.鈥�

Trump was also facing Republican lawmakers looking for ways to claw back their power over tariffs, which has been almost completely handed over to the president in recent decades through legislation.

Sen. Chuck Grassley, a senior Republican, has introduced a bipartisan bill to give Congress the power to review and approve new tariffs, and Republican members in the House were also working to gain support for a similar bill.

Trump on Tuesday night had said anyone who backed the legislation was a 鈥渞ebel Republican鈥� who 鈥渨ants to grandstand.鈥�

鈥淟et me tell you, you don鈥檛 negotiate like I negotiate. Congress takes over negotiating, sell America fast because you鈥檙e going to go busted,鈥� the president added.

Republican leaders in Congress, as well as a sizable chunk of lawmakers, had emphasized that Trump needs time to implement his strategy. They've mostly rejected the idea of putting a check on Trump's tariff power.

鈥淚 think people, by and large, accept the fact that the president campaigned on this and he deserves the opportunity to see what he can get done,鈥� Thune told The Associated Press.

But he added that the pause 鈥渟hows too the president鈥檚 responding to the feedback that he鈥檚 given.鈥�

___

Associated Press writer Mary Clare Jalonick contributed.