Mike Pence recently made some waves by stating that Trump’s tariffs were the ‘largest peacetime tax hike’ in U.S. history. Not really sure why this matters, but it’s definitely something to think about. Meanwhile, Treasury Sec. Bessent mentioned that Walmart will ‘eat some of the tariffs’ after announcing price hikes. Maybe it’s just me, but that seems like a bold move on their part.
On the political front, Sen. Chris Murphy expressed that it was ‘absolutely a mistake’ for Democrats not to address voters’ concerns over Biden. It’s always interesting to see how politicians navigate these kinds of situations. Pence also weighed in on foreign policy, stating that ‘Putin only understands strength’ and urging ‘harsh sanctions’ on Russia. It’s a complicated world out there, that’s for sure.
In a full interview, Treasury Sec. Bessent discussed how countries who don’t negotiate could see tariffs rise. Negotiation is key in any kind of trade agreement, it seems. Sen. Chris Murphy also had a full interview where he mentioned that ‘you can’t defend what the Democratic Party did’ in 2024. Politics can be messy, that’s for sure. As the world continues to evolve, it’s crucial to keep an eye on these developments and see how they shape our future.
