Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BeyondGeography

(40,424 posts)
Wed Apr 9, 2025, 10:29 PM Apr 9

"How is this not market manipulation?": Furious Dem Asks Trump Trade Rep 'WTF' as Tariffs Get Pulled

Nevada Rep. Steven Horsford grilled trade representative Jamieson Greer on President Donald Trump’s abrupt tariff pause during a committee hearing Wednesday, asking “How is this not market manipulation?”

“Tariffs are a tool, they can be used in the appropriate way to protect U.S. jobs and small businesses, but that’s not what this does,” Horsford said of Trump’s “strategy” which Greer tried to defend. “So if it’s not market manipulation, what is it? Who’s benefiting? What billionaire just got richer?” The Democratic representative proceeded to spotlight how Republicans “all left” the hearing because “they don’t even wanna defend this.”

“Meanwhile, the speaker [Mike Johnson] is rushing to the floor to pass a budget reconciliation to screw America by passing the biggest tax cut in history on the backs of the American people,” Horsford added. “WTF! Who’s in charge? Because it sure doesn’t look like it’s the trade representative—you just got the rug pulled out from under you.”

… Sen. Adam Schiff also took a jab at Trump on social media, criticizing the president for “creating giant market fluctuations with his on-again, off-again tariffs…These constant gyrations in policy provide dangerous opportunities for insider trading,” the California senator continued. “Who in the administration knew about Trump’s latest tariff flip flop ahead of time? Did anyone buy or sell stocks, and profit at the public’s expense?…I’m writing to the White House—the public has a right to know,” he concluded.

More at https://www.thedailybeast.com/rep-steven-horsford-grills-jamieson-greer-on-trump-tariffs-pull/


?si=rfvI6nxxYObVROF6
Latest Discussions»General Discussion»"How is this not market m...